Mitsubishi 2015 Annual Report Download - page 69

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Information on major customers
For the year ended March 31,
2015 2014
Customer: Mitsubishi Corporation Mitsubishi Corporation
Net sales: ¥300,086 million
($2,497,184 thousand)
¥272,020 million
($2,643,031 thousand)
Relevant
segment Automobiles Automobiles
Information on impairment losses relating to property, plant equip-
ment by reportable segments
(In millions of yen)
(In thousands
of U.S. dollars)
For the years ended March 31,
2015 2014 2015
Automobiles ¥20,145 ¥6,902 $167,639
Financial services ———
Total ¥20,145 ¥6,902 $167,639
Information on the amortization and balance of goodwill by report-
able segments
No significant items to be reported for the years ended March 31,
2015 and 2014.
Information on gains due to negative goodwill by reportable
segments
Not applicable for the year ended March 31, 2015 and no signifi-
cant items to be reported for the year ended March 31, 2014.
22. Related Party Transactions
MMC entered into the following transactions with related parties
during the years ended March 31, 2015 and 2014:
Related Party Transactions
Transactions between MMC and the Related Parties
Transactions with the parent or major shareholders (major corporate
shareholders) of the reporting company (MMC)
March 31, 2015
Party type: Major shareholder
Party name: Mitsubishi Corporation
Address: Chiyoda-Ku, Tokyo, Japan
Capital: ¥204,447 million
($1,701,314 thousand)
Business: Wholesale trading
% of voting stock held: Direct 10.07 Indirect 0.00
Relationship with the
Related Party:
Sales of products; import of
materials for production;
mutual directorships
Detail of transaction: Sales of products
Transaction amount: ¥300,078 million
($2,497,118 thousand)
Account title: Accounts receivable
Balance at year end: ¥23,444 million
($195,098 thousand)
March 31, 2014
Party type: Major shareholder
Party name: Mitsubishi Corporation
Address: Chiyoda-Ku, Tokyo, Japan
Capital: ¥204,447 million
Business: Wholesale trading
% of voting stock held: Direct 10.07 Indirect 0.00
Relationship with the
Related Party:
Sales of products; import of
materials for production;
mutual directorships
Detail of transaction: Sales of products
Transaction amount: ¥272,016 million
Account title: Accounts receivable
Balance at year end: ¥25,494 million
(Note)
1. Consumption tax is excluded from the transaction amount and included in
the balance at year end.
2. Contract terms and the policy to determine the contract terms: Sales
price of products is determined based on market price and overall cost.
MITSUBISHI MOTORS CORPORATION
Annual Report 2015 67