Nikon 1999 Annual Report Download - page 30

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28
To the Board of Directors of
NIKON CORPORATION:
We have examined the consolidated balance sheets of NIKO N C O R P O R ATION and consolidated
subsidiaries as of March 31, 1999 and 1998, and the related consolidated statements of operations ,
shareholders’ equity, and cash flows for each of the three years in the period ended March 31, 1999, all expressed in
Japanese yen. Our examinations were made in accordance with auditing standards, procedures and practices gen-
erally accepted and applied in Japan and, accordingly, included such tests of the accounting records and such other
auditing procedures as we considered necessary in the circumstances.
In our opinion, the consolidated financial statements referred to above present fairly the financial position of NIKON
CORPORATION and consolidated subsidiaries as of March 31, 1999 and 1998, and the results of their operations and
their cash flows for each of the three years in the period ended March 31, 1999, in conformity with accounting prin-
ciples and practices generally accepted in Japan applied on a consistent basis.
Our examinations also comprehended the translation of Japanese yen amounts into U.S. dollar amounts and, in our
opinion, such translation has been made in conformity with the basis stated in Note 1 to the consolidated financial
statements. Such U.S. dollar amounts are presented solely for the convenience of readers outside Japan.
June 29, 1999
independent auditors
’
report
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