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(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, 2010 and 2009 are summarized as follows:
In millions of yen
In thousands of
U.S. dollars
2010 2009 2010
Overseas sales:
North America
¥ 175,391 ¥ 232,202 $ 1,885,118
Europe
269,221 631,658 2,893,612
Asia
262,507 216,561 2,821,449
Oceania
152,798 –1,642,289
Other areas
217,216 494,769 2,334,660
Total
¥1,077,136 ¥1,575,192 $11,577,129
Consolidated sales
¥1,445,616 ¥1,973,572 $15,537,578
(%)
Overseas sales as a percentage of consolidated sales:
North America
12.1 11.8
Europe
18.6 32.0
Asia
18.2 11.0
Oceania
10.6 –
Other areas
15.0 25.0
Total
74.5 79.8
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
(2) Europe ............ The Netherlands, Italy, Germany, Russia, Ukraine
(3) Asia ............... Thailand, Malaysia, Taiwan
(4) Oceania ........... Australia, New Zealand
(5) Other areas ........ UAE, Puerto Rico
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.
4. Change in the geographic segments
The overseas sales for “Oceania,” which had been included in “Other areas” in the previous fiscal year, have exceeded 10% of total consolidated sales. Accord-
ingly, they are presented separately from this fiscal year.
The overseas sales for “Oceania” for the previous fiscal year were ¥137,607 million, and the percentage of total consolidated sales was 7.0%. The overseas sales
for “Other areas,” excluding those for “Oceania,” were ¥357,162 million ($3,838,807 thousand), and the percentage of total consolidated sales was 18.0% for the
same period.
21. Related Party Transactions
MMC entered into the following transactions with related parties during the years ended March 31, 2010 and 2009:
(Additional Information)
Effective for the year ended March 31, 2009, “Accounting Standard for Related Party Disclosure” (ASBJ Statement No. 11, issued on
October 17, 2006) and the “Guidance on Accounting Standard for Related Party Disclosure” (ASBJ Guidance No. 13, issued on
October 17, 2006) have been adopted.
Notwithstanding, there is no change in the scope of disclosure compared to the previous fiscal years.
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MITSUBISHI MOTORS CORPORATION Annual Report 2010MITSUBISHI MOTORS CORPORATION Annual Report 2010