JVC 1998 Annual Report Download - page 24
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22 JVC 1998
Millions of yen
Shares of Additional
common stock Common paid-in Legal Retained
(thousands) stock capital reserve earnings
Balance at March 31, 1995 .......................................... 254,192 ¥34,113 ¥67,136 ¥4,747 ¥136,757
Net income .................................................................. — — — — 4,343
Adjustment due to change in number of
consolidated subsidiaries............................................ — — — — (364)
Adjustment due to change in number of
affiliated companies..................................................... — — — — 302
Common stock issued upon conversion of bonds....... 13 1 27 — —
Bonuses to directors and statutory auditors................. — — — — (1)
Foreign currency translation adjustments..................... — — — — 835
Balance at March 31, 1996 .......................................... 254,205 34,114 67,163 4,747 141,872
Net income .................................................................. — — — — 4,586
Adjustment due to merger with an unconsolidated
subsidiary.................................................................... — — — — 124
Adjustment due to change in number of
consolidated subsidiaries ........................................... — — — — (263)
Common stock issued upon conversion of bonds....... 24 1 53 — —
Cash dividends paid (¥7.5 per share)........................... — — — — (1,907)
Transfer to legal reserve (Note 10)................................ — — — 198 (198)
Bonuses to directors and statutory auditors................. — — — — (71)
Balance at March 31, 1997 .......................................... 254,229 34,115 67,216 4,945 144,143
Net loss........................................................................ — — — — (4,703)
Adjustment due to change in number of
consolidated subsidiaries............................................ — — — — (377)
Adjustment due to change in number of
affiliated companies .................................................... — — — — (97)
Common stock issued upon conversion of bonds....... 1 0 0 — —
Cash dividends paid (¥8.0 per share)........................... — — — — (2,033)
Transfer to legal reserve (Note 10)................................ — — — 211 (211)
Bonuses to directors and statutory auditors................. — — — — (94)
Balance at March 31, 1998 .......................................... 254,230 ¥34,115 ¥67,216 ¥5,156 ¥136,628
Thousands of U.S. dollars (Note 1)
Additional
Common paid-in Legal Retained
stock capital reserve earnings
Balance at March 31, 1997 .......................................... $258,447 $509,212 $37,462 $1,091,992
Net income .................................................................. — — — (35,629)
Adjustment due to change in number of
consolidated subsidiaries............................................ — — — (2,856)
Adjustment due to change in number of
affiliated companies..................................................... — — — (735)
Common stock issued upon conversion of bonds....... 0 0 — —
Cash dividends paid ($0.06 per share)......................... — — — (15,402)
Transfer to legal reserve (Note 10)................................ — — 1,599 (1,599)
Bonuses to directors and statutory auditors................. — — — (712)
Balance at March 31, 1998 .......................................... $258,447 $509,212 $39,061 $1,035,061
See accompanying notes.
Consolidated Statements of Stockholders’ Equity
Victor Company of Japan, Limited
Years ended March 31, 1998, 1997 and 1996