JVC 2007 Annual Report Download - page 6

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4
’03 ’04 ’05 ’06 ’07 ’03 ’04 ’05 ’06 ’07 ’03 ’04 ’05 ’06 ’07
Net Sales
(Billions of yen)
250
0
500
750
Net Income (Loss)
(Billions of yen)
-40
-20
20
0
Operating Income (Loss)
(Billions of yen)
-10
-20
10
0
20
Fiscal 2007 Highlights
Fiscal 2007 Highlights
• Hard Disk Camcorder Everio GZ-MG505, GZ-MG47 Introduced (May 2006)
• Single-Sided, Dual-Layer Recordable DVD-R Disc VD-R215PA/PA3 and Single-Sided Dual-Layer DVD-R Disc VD-R55A/A3 for Camcorders
Introduced (August 2006)
• JVC Earns Top European Prizes in Three European Imaging and Sound Association (EISA) Divisions and One Technical Image Press
Association (TIPA) Division (August 2006)
• JVC Develops “Near Speaker Surround” Technology (September 2006)
• Digital High-Definition (HD) LCD Televisions LT-42LH800 and LT-37LH800 with Digital Tuners for Terrestrial, Broadcasting Satellite (BS), and
110-Degree Commercial Satellite (CS) Broadcasts Introduced (September 2006)
• JVC Awarded Prestigious Institute of Electrical and Electronics Engineers (IEEE) Milestone for Development of VHS Video (October 2006)
• D-ILA HD Home Theater Projection System DLA-HD1 Introduced (November 2006)
• Compact Component System EX-A3 Introduced (January 2007)
• Digital HD LCD Televisions LT-42LC95, LT-37LC95, and LT-32LC95 with Digital Tuners for Terrestrial, BS, and 110-Degree CS Broadcasts
Introduced (January 2007)
• HD Hard Disk Camcorder Everio GZ-HD7 Introduced (February 2007)
• JVC Cooperates with Milestone Systems A/S on Technology Development and Marketing to Boost IP Security Solutions Business (February 2007)
For specifics on the topics listed above, please see the following pages on our website:
Jan.-Feb. 2007: http://www.jvc-victor.co.jp/english/press/2007/index.html
Apr.-Dec. 2006: http://www.jvc-victor.co.jp/english/press/2006/index.html
Financial Highlights
Victor Company of Japan, Limited and its consolidated subsidiaries
Years ended March 31
Thousands of
U.S. dollars
Millions of yen (Note 1)
2007 2006 2005 2007
For the year:
Net sales ¥742,686 ¥806,900 ¥840,591 $6,293,949
Overseas 513,107 547,784 567,565 4,348,364
Domestic 229,579 259,116 273,026 1,945,585
Net income (loss) (7,892) (30,608) (1,858) (66,881)
Capital expenditures 25,186 29,490 28,959 213,441
Depreciation and amortization 26,638 26,848 23,422 225,746
At year-end:
Stockholders’ equity (Note 2) ¥130,840 ¥136,289 ¥158,236 $1,108,814
Total assets 420,708 446,812 466,549 3,565,323
U.S. dollars
Yen (Note 1)
Per share:
Net income (loss) ¥(31.1) ¥(120.5) ¥ (7.7) $(0.26)
Diluted net income (Note 3) ——— —
Cash dividends (Note 4) ——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. 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.
4. Cash dividends represent amounts applicable to respective years.
Overseas Domestic