JVC 2007 Annual Report Download - page 30

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28
2007 2006 2005 2004
For the year:
Net sales ¥742,686 ¥806,900 ¥840,591 ¥921,978
Overseas 513,107 547,784 567,565 619,962
Domestic 229,579 259,116 273,026 302,016
Cost of sales 502,923 551,261 564,977 629,125
Selling, general and administrative expenses 245,420 262,530 265,244 267,702
Operating income (loss) (5,657) (6,891) 10,370 25,151
Income (Loss) before income taxes
and minority interests 2,564 (22,101) 4,728 14,106
Income taxes 10,739 9,129 6,200 (1,926)
Net income (loss) (7,892) (30,608) (1,858) 15,609
Depreciation and amortization 26,638 26,848 23,422 22,735
Capital expenditures 25,186 29,490 28,959 25,900
R&D expenditures 36,226 38,724 39,336 40,574
2007 2006 2005 2004
At year-end:
Working capital ¥054,518 ¥069,927 ¥087,825 ¥147,225
Stockholders’ equity (Note 2) 130,840 136,289 158,236 159,326
Total assets 420,708 446,812 466,549 507,117
2007 2006 2005 2004
Per share:
Net income (loss) (Note 3) ¥(31.1) ¥ (120.5) ¥ (7.7) ¥ 61.1
Diluted net income (Note 4) ———57.9
Cash dividends (Note 5) ——5.0 5.0
Notes: 1. U.S. dollar amounts have been translated, for convenience only, at the exchange rate of ¥118 to U.S.$1, the approximate rate prevailing on March 31, 2007.
2. Stockholders’ equity = Total net assets - Minority interests (as recorded on the balance sheets).
3. Net income (loss) per share of common stock for the years ended March 31 from 1998 to 2002 have not been recalculated using the new accounting
standard, which was effective April 1, 2002.
4. The Company did not have securities that could potentially dilute net income per common share in the years ended March 31, 2006 and 2007, and diluted
net income per share is not disclosed because there was a net loss in the year ended March 31, 2005.
5. Cash dividends represent amounts applicable to the respective years.
10-Year Summary
Victor Company of Japan, Limited and its consolidated subsidiaries
Years ended March 31