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20. Income and Equity per Share
Net income and equity per share of common stock for the years ended March 31, 2009 and 2008 are summarized as follows:
In yen In U.S. dollars
2009 2008 2009
Net income (loss) per share of common stock
Basic ¥ (9.91) ¥ 6.30 $(0.10)
Diluted –3.81 –
Stockholders’ equity per share of common stock (40.47) (21.81) (0.41)
Diluted amounts per share of common stock are not included for the year ended March 31, 2009 due to the net loss recorded.
The computations of net income per share of common stock for the year ended March 31, 2009 and 2008 are as follows:
In millions of yen
In thousands of
U.S. dollars
2009 2008 2009
Numerator for basic net income (loss) per share of common stock:
Net income (loss) ¥ (54,883) ¥ 34,710 $ (558,728)
Income not available to common stockholders –––
Income available to common stockholders ¥ (54,883) ¥ 34,710 $ (558,728)
Denominator for net income (loss) per share of common stock:
Weighted average number of shares (in thousands) 5,537,816 5,509,309 5,537,816
Number of dilutive potential common shares (in thousands) –3,598,366 –
(Preferred stock) –(3,598,316) –
(Number of stock options exercised) –(50) –
In numbers of stock, 966 and 975 thousand shares relating to stock options were outstanding at March 31, 2009 and 2008, respectively.
62 MITSUBISHI MOTORS CORPORATION Annual Report 2009