JVC 2005 Annual Report Download - page 53

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Victor Company of Japan, Limited 51
Thousands of
Millions of yen U.S. dollars
Operating leases 2005 2004 2005
Due within one year ¥1,311 ¥1,314 $12,252
Due after one year 1,306 1,844 12,206
¥2,617 ¥3,158 $24,458
(3) Lease payments, assumed depreciation charges and assumed
interest charges for the years ended March 31, 2005, 2004 and
2003 are as follows:
Thousands of
Millions of yen U.S. dollars
2005 2004 2003 2005
Lease payments ¥3,790 ¥4,041 ¥3,727 $35,421
Assumed depreciation
charges 3,381 3,660 3,367 31,598
Assumed interest
charges 277 334 290 2,589
(4) Assumed depreciation charges are computed using the
straight-line method over lease terms assuming no residual value.
(5) The excess amount of total lease payments over acquisition
cost of leased property is deemed as accumulated interest
expenses and allocated for each period on the basis of the interest
method.
Lessor:
The Companies lease certain equipment under non-capitalized
finance leases, as lessees. And the Companies lease that equip-
ment under non-capitalized finance leases, as lessors. Future mini-
mum lease receipts under these non-capitalized finance leases at
March 31, 2005 and 2004 are as follows:
Thousands of
Millions of yen U.S. dollars
Non-capitalized finance leases 2005 2004 2005
Due within one year ¥341 ¥410 $3,187
Due after one year 341 533 3,187
¥682 ¥943 $6,374
14SEGMENT INFORMATION
Information by segment for the years ended March 31, 2005, 2004 and 2003 is shown in the tables below.
(1) Business segment information is as follows:
Millions of yen
Consumer Professional Components Software Eliminations
electronics electronics & Devices & Media Other and Consolidated
business business business business business Total unallocation total
2005:
Sales
External sales ¥627,286 ¥68,348 ¥43,150 ¥095,928 ¥05,879 ¥840,591 ¥ — ¥840,591
Intersegment sales 3,520 2,221 2,107 6,788 3,782 18,418 (18,418) —
Total sales 630,806 70,569 45,257 102,716 9,661 859,009 (18,418) 840,591
Operating expenses 620,424 70,282 46,990 100,339 9,337 847,372 (17,151) 830,221
Operating income (loss) ¥010,382 ¥00,287 ¥ (1,733) ¥002,377 ¥00,324 ¥ 11,637 ¥ (1,267) ¥010,370
Identifiable assets ¥293,932 ¥37,675 ¥26,817 ¥082,532 ¥24,077 ¥465,033 ¥01,516 ¥466,549
Depreciation & amortization 15,223 885 2,959 3,682 479 23,228 194 23,422
Capital expenditures 20,749 937 3,272 3,794 172 28,924 35 28,959
Millions of yen
Consumer Professional Components Software Eliminations
electronics electronics & Devices & Media Other and Consolidated
business business business business business Total unallocation total
2004:
Sales
External sales ¥638,091 ¥67,545 ¥62,035 ¥148,016 ¥06,291 ¥921,978 ¥ — ¥921,978
Intersegment sales 4,685 3,456 2,571 7,976 3,190 21,878 (21,878) —
Total sales 642,776 71,001 64,606 155,992 9,481 943,856 (21,878) 921,978
Operating expenses 616,958 72,768 67,721 151,342 8,180 916,969 (20,142) 896,827
Operating income (loss) ¥025,818 ¥ (1,767) ¥ (3,115) ¥004,650 ¥01,301 ¥026,887 ¥ (1,736) ¥025,151
Identifiable assets ¥262,688 ¥44,525 ¥37,762 ¥089,306 ¥23,651 ¥457,932 ¥49,185 ¥507,117
Depreciation & amortization 13,981 1,252 3,085 3,540 507 22,365 370 22,735
Capital expenditures 17,230 841 4,421 2,956 306 25,754 146 25,900