Mitsubishi 2002 Annual Report Download - page 59

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57
As a result of a change in sales in foreign currencies and related forward foreign exchange contracts qualified as hedges
as explained in Note 2, compared to the same method applied to the prior year’s consolidated financial statements, operating
profit increased by ¥12,299 million ($92,300 thousand) in “automobiles” segment in the year ended March 31, 2002.
As a result of a change in accounting for sales incentives as explained in Note 3(a), compared to the same method
applied to the prior year’s consolidated financial statements, net sales decreased by ¥49,751 million ($373,366 thousand)
with no effect on operating profit in “automobiles” segment in the year ended March 31, 2002.
(b) Geographical segments
The geographical segment information for MMC and its consolidated subsidiaries for the years ended March 31, 2002 and
2001 are summarized as follows:
(In thousands of
(In millions of yen) U.S. dollars)
Year ended March 31, 2002 2001 2002
Net sales:
Japan ¥2,198,819 ¥2,436,967 $16,501,456
North America 896,668 911,158 6,729,216
Europe 543,107 395,265 4,075,850
Asia 157,693 152,903 1,183,437
Other areas 228,385 230,257 1,713,959
Total 4,024,673 4,126,553 30,203,925
Interarea (823,974) (849,837) (6,183,670)
Consolidated ¥3,200,699 ¥3,276,716 $24,020,255
Operating profit (loss):
Japan ¥22,795 ¥(61,246) $171,069
North America 45,538 33,559 341,749
Europe (17,971) (30,278) (134,867)
Asia 492 (1,901) 3,692
Other areas (2,298) (9,075) (17,246)
Total 48,557 (68,942) 364,405
Interarea (8,329) (4,922) (62,507)
Consolidated ¥40,227 ¥(73,865) $301,891
Total assets:
Japan ¥2,175,866 ¥2,289,550 $16,329,201
North America 843,977 701,803 6,333,786
Europe 222,648 255,638 1,670,904
Asia 100,146 90,144 751,565
Other areas 109,460 118,919 821,463
Total 3,452,099 3,456,055 25,906,934
Interarea (557,538) (474,386) (4,184,150)
Consolidated ¥2,894,560 ¥2,981,668 $21,722,777