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20. Investment and Rental Property
For the years ended March 31, 2015 and 2014, no disclosures
are provided as investment and rental property is considered
immaterial.
21. Segment Information
(a) Overview of reportable segments
The reportable segments of the Group are components for which
discrete financial information is available, and for which operating
results are regularly reviewed by MMC’s decision making bodies
including the Board of Directors to determine resource allocation to
the segments and to assess their performance.
The main business of the Group is automobile business, involv-
ing development, design, manufacturing and sales of automobiles
and component parts. In addition, as financial service business, we
engage in sales finance and leasing services for Group products.
Accordingly, based on the types of products and services offered,
the Group determined “automobile business” and “financial service
business” as two reportable segments.
(b) Basis of calculating net sales, income (loss), assets and
other amounts of each reportable segment
The accounting policies of the segments are substantially the same
as those described in Note 1.
(c) Net sales, income (loss), assets and others of reportable
segments
(In millions of yen)
(In thousands
of U.S. dollars)
For the year ended March 31,
2015 2014 2015
Net sales:
Automobiles ¥2,166,214 ¥2,081,212 $18,026,251
Financial services 14,640 12,157 121,830
Total 2,180,854 2,093,370 18,148,081
Adjustment (126) 38 (1,050)
Grand total ¥2,180,728 ¥2,093,409 $18,147,031
Segment income (loss):
Automobiles ¥ 135,105 ¥ 121,879 $ 1,124,282
Financial services 934 1,516 7,773
Total 136,039 123,395 1,132,056
Adjustment (126) 38 (1,050)
Grand total ¥ 135,913 ¥ 123,434 $ 1,131,006
Segment assets:
Automobiles ¥1,422,733 ¥1,412,527 $11,839,337
Financial services 141,579 119,386 1,178,163
Total 1,564,313 1,531,913 13,017,501
Adjustment 18,488 11,976 153,856
Grand total ¥1,582,802 ¥1,543,890 $13,171,357
Depreciation: (Note (3))
Automobiles ¥ 53,758 ¥ 53,182 $ 447,350
Financial services 8,648 6,029 71,969
Grand total ¥ 62,406 ¥ 59,211 $ 519,319
Investment accounted
for using the equity
method:
Automobiles ¥ 85,790 ¥ 79,551 $ 713,905
Financial services 9,010 7,850 74,978
Total 94,800 87,401 788,884
Adjustment (731) (605) (6,091)
Grand total ¥ 94,068 ¥ 86,795 $ 782,793
Increase in property,
plant and equipment
and intangible assets:
(Note (3))
Automobiles ¥ 69,868 ¥ 74,150 $ 581,412
Financial services 23,774 25,396 197,841
Grand total ¥ 93,642 ¥ 99,546 $ 779,253
(Note)
(1) Adjustment represents the elimination of intersegment transactions
and others.
(2) Segment income (loss) agrees to the amount of operating income (loss)
presented in the consolidated financial statements.
(3) Depreciation and increase in property, plant and equipment and intan-
gible assets include long-term prepaid expenses and amortization thereof.
MITSUBISHI MOTORS CORPORATION
Annual Report 2015 65