NEC 2011 Annual Report Download - page 4

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6,000.0
4,000.0
2,000.0
2007
4,652.6
26.1% 25.0%
22.2%
19.9%
15.4%
2008
4,617.2
2009
4,215.6
2010
3,583.1
3,115.4
2011
0
200.0
150.0
50.0
100.0
0
2007
70.0 1.
5%
3.4%
–0.1%
1.4%
1.9%
2008
156.8
2009
–6.2
2010
50.9 57.8
2011
–50.0
30.0
20.0
10.0
0
2007
9.1
0.2%
0.5%
–7.0%
0.3%
–0.4%
2008
22.7
2009
–296.6
2010
11.4
–12.5
2011
–300.0
1,200.0
800.0
400.0
2007
1,038.8
27.8%
28.5%
20.9%
26.9% 28.8%
2008
1,004.2
2009
641.7
2010
790.9 757.1
2011
0
(At year end)
FINANCIAL HIGHLIGHTS
NEC Corporation and Consolidated Subsidiaries
For the years ended March 31, 2007, 2008, 2009, 2010 and 2011
Millions of yen
2007 2008 2009 2010
For the year:
Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥4,652,649 ¥4,617,153 ¥4,215,603 ¥3,583,148
Overseas sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,213,685 1,155,749 934,469 712,886
Percentage of overseas sales to consolidated net sales (%) 26.1 25.0 22.2 19.9
Operating income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . 69,976 156,765 (6,201) 50,905
Ordinary income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,347 112,240 (93,171) 49,429
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,128 22,681 (296,646) 11,428
Cash flows from operating activities . . . . . . . . . . . . . . . . . . 238,318 192,302 27,359 134,816
Cash flows from investing activities . . . . . . . . . . . . . . . . . . (169,676) (135,760) (173,167) (41,241)
Free cash flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68,642 56,542 (145,808) 93,575
R&D expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 334,639 352,200 346,529 275,970
Capital expenditures (property, plant and equipment) . . . . . 177,480 122,577 103,142 83,098
Depreciation (property, plant and equipment) . . . . . . . . . . . 149,681 147,779 133,624 111,167
Per share data (in yen and U.S. dollars): . . . . . . . . . . . . . . .
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.43 11.06 (146.64) 5.04
Diluted net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.23 10.64 – 4.91
Cash dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.00 8.00 0.00 4.00
At year-end:
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,731,669 3,526,795 3,075,378 2,937,644
Owner’s equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,038,808 1,004,221 641,654 790,904
Return on equity (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.9 2.2 – 1.6
Owner’s equity ratio (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.8 28.5 20.9 26.9
Interest-bearing debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 859,292 800,843 925,163 729,548
Debt-equity ratio (times) . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.83 0.80 1.44 0.92
Number of employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154,786 152,922 143,327 142,358
Number of consolidated subsidiaries . . . . . . . . . . . . . . . . . 342 334 328 310
Notes: 1. U.S. dollar amounts are translated from yen, for convenience only, at the rate of ¥83 = U.S.$1.
2. Net income (loss) per share is calculated based on the weighted-average number of shares outstanding during each period.
3. Owner’s equity is the sum of total shareholders’ equity and total valuation and translation adjustments.
4. The debt-equity ratio is calculated by dividing interest-bearing debt by owner’s equity.
Net sales
Percentage of overseas sales to
consolidated net sales
Net income (loss)
Net income ratio
OWNER’S EQUITY,
OWNER’S EQUITY RATIO
(Billion ¥)
Owner’s equity
Owner’s equity ratio
Operating income (loss)
Operating income ratio
NET SALES, PERCENTAGE OF
OVERSEAS SALES TO
CONSOLIDATED NET SALES
(Billion ¥)
OPERATING INCOME (LOSS),
OPERATING INCOME RATIO
(Billion ¥)
NET INCOME (LOSS),
NET INCOME RATIO
(Billion ¥)
03 NEC Corporation
Annual Report 2011