Nikon 1998 Annual Report Download - page 14

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12 Nikon Corporation
SIX-YEAR SUMMARY
Nikon Corporation and Consolidated Subsidiaries
For the years ended March 31
Export Sales
For the years ended March 31, 1998, 1997 and 1996 (Millions of Yen, Thousands of U.S. Dollars, %)
1998 1997 1996
North America Europe Asia Other areas Total Total Total
Export sales (A) ¥ 99,830 ¥ 59,794 ¥ 54,453 ¥ 7,080 ¥0,221,160 ¥215,752 ¥176,829
$755,723 $452,649 $412,215 $53,602 $1,674,189
Net sales (B) ¥0,372,145 ¥379,089 ¥332,799
$2,817,152
(A)/(B) 26.8% 16.1% 14.6% 1.9% 59.4% 56.9% 53.1%
Note: U.S. dollar figures are translated for reference only at ¥132.10 to $1.00, the exchange rate at March 31, 1998.
Thousands of
Millions of Yen U.S. Dollars
1998 1997 1996 1995 1994 1993 1998
For the year
Net sales ¥372,145 ¥379,089 ¥332,799 ¥288,485 ¥246,165 ¥231,924 $2,817,152
Cost of sales 224,545 219,791 188,726 187,344 167,084 155,356 1,699,818
SG&A expenses 120,122 112,385 94,793 82,235 78,844 84,094 909,333
Operating income (loss) 27,476 46,912 49,279 18,905 236 (7,526) 208,001
Income (loss) before income taxes* 18,812 36,711 35,238 7,621 (2,610) (8,656) 142,415
Net income (loss) 8,318 19,936 18,581 1,535 (4,357) (8,813) 62,971
Amounts per share (yen and U.S. dollars):
Net income (loss) ¥ 22.48 ¥ 53.89 ¥ 50.23 ¥ 4.15 ¥ (11.78) ¥ (23.82) $ 0.17
Cash dividends 8.00 8.00 6.50 5.00 5.00 7.00 0.06
Capital expenditures ¥ 26,168 ¥ 33,757 ¥ 17,206 ¥ 8,054 ¥ 7,387 ¥ 9,082 $ 198,098
Depreciation and amortization 18,407 15,635 13,715 14,708 13,982 14,652 139,346
R&D expenditures 21,633 19,681 16,951 12,050 10,266 11,762 163,764
At year-end
Total assets ¥507,326 ¥460,271 ¥425,083 ¥371,390 ¥377,306 ¥364,717 $3,840,475
Shareholders’ equity 171,051 165,773 148,657 132,505 135,799 142,508 1,294,861
* Excluding minority interest and equity in earnings (losses) of unconsolidated subsidiaries and associated companies.
Notes: 1. Amounts per share are computed based on the weighted average number of shares outstanding during the year.
2. U.S. dollar figures are translated for reference only at ¥132.10 to $1.00, the exchange rate at March 31, 1998.
QX /NIKON AR 98 9/21 00.4.11 3:46 PM ページ 12