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22. Income and Equity per Share
Net income and equity per share of common stock for the years ended March 31, 2010 and 2009 are summarized as follows:
In yen In U.S. dollars
2010 2009 2010
Net income (loss) per share of common stock
Basic
¥ 0.86 ¥ (9.91) $ 0.01
Diluted
0.51 – 0.01
Stockholders’ equity per share of common stock
(38.54) (40.47) (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, 2010 and 2009 are as follows:
In millions of yen
In thousands of
U.S. dollars
2010 2009 2010
Numerator for basic net income (loss) per share of common stock:
Net income (loss)
¥4,758 ¥(54,883) $51,139
Income not available to common stockholders
– – –
Income available to common stockholders
¥4,758 ¥(54,883) $51,139
Denominator for net income (loss) per share of common stock:
Weighted average number of shares (in thousands)
5,537,858 5,537,816
Number of dilutive potential common shares (in thousands)
3,880,647 –
(Preferred stock)
(3,880,647) –
(Number of stock options exercised)
––
In numbers of stock, 966 thousand shares relating to stock options were outstanding at March 31, 2009.
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MITSUBISHI MOTORS CORPORATION Annual Report 2010MITSUBISHI MOTORS CORPORATION Annual Report 2010