Mitsubishi 2007 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2007 Mitsubishi annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 90

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90

78
MITSUBISHI MOTORS CORPORATION Annual Report 2007
(c) Overseas sales
Overseas sales, which include export sales of MMC and its domestic consolidated subsidiaries and sales (other than
exports to Japan) of the foreign consolidated subsidiaries for the years ended March 31, 2007 and 2006 are summarized
as follows:
In thousands of
In millions of yen U.S. dollars
2007 2006 2007
Overseas sales:
North America ¥ 423,611 ¥ 415,614 $ 3,588,406
Europe 662,815 586,167 5,614,701
Asia 191,347 235,775 1,620,902
Other areas 419,130 378,357 3,550,449
Total ¥1,696,905 ¥1,615,914 $14,374,460
Consolidated sales ¥2,202,869 ¥2,120,068 $18,660,475
(%)
Overseas sales as a percentage of consolidated sales:
North America 19.2 19.6
Europe 30.1 27.7
Asia 8.7 11.1
Other areas 19.0 17.8
Total 77.0 76.2
Note: 1. National and regional groupings are by geographical proximity and mutual relevance of business activities.
2. Main countries and regions outside Japan are grouped as follows:
(1) North America . . . . . The United States, Puerto Rico
(2) Europe . . . . . . . . . . . The Netherlands, Italy, Germany, Russia
(3) Asia . . . . . . . . . . . . . Thailand, Malaysia, Taiwan
(4) Other . . . . . . . . . . . . Australia, New Zealand
3. Overseas sales are classified by the region of the wholesaler or end users. The figures consist of sales outside of Japan of MMC and its
consolidated subsidiaries.
20. Related Party Transactions
MMC entered into the following transactions with related parties during the years ended March 31, 2007 and 2006:
March 31, 2007
Party type: Main stockholder
Party name: Mitsubishi Corporation
Address: Chiyoda-Ku, Tokyo, Japan
Capital: ¥199,228 million
Business: Wholesale trading
% of voting stock held: Direct 14.1
Concurrent board appointment: 1 concurrent member,
2 permanently transferred to MMC
Business relationship: Sales of passenger cars and import of
materials for production
Detail of transaction: (1) Proceeds from sales of stocks
(see (i) below)
(2) Profit from sales of stocks
(see (i) below)
Transaction amount: (1) ¥2,750 million ($23,295 thousand)
(2) ¥2,365 million ($20,034 thousand)
Account title:
Balance at year end