Nikon 2001 Annual Report Download - page 34

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14. SEGMENT INFORMATION
Information about industry segments, geographic segments and sales to foreign customers of the Group for the years ended March 31, 2001 and
2000, was as follows:
(a) Industry Segments
Millions of Yen
Precision Imaging (Eliminations)
Equipment Products Instruments Other Total or corporate Consolidated
For the year ended March 31, 2001
Net sales
Outside customers ¥ 230,566 ¥ 176,220 ¥ 57,792 ¥ 19,379 ¥ 483,957 ¥ ¥ 483,957
Intersegment sales/transfer 4,242 3,892 1,216 24,231 33,581 (33,581)
Total 234,808 180,112 59,008 43,610 517,538 (33,581) 483,957
Operating expenses 190,321 169,609 53,818 41,881 455,629 (33,095) 422,534
Operating income ¥ 44,487 ¥ 10,503 ¥ 5,190 ¥ 1,729 ¥61,909 ¥ (486) ¥ 61,423
Assets ¥ 312,964 ¥ 87,307 ¥ 41,454 ¥ 43,604 ¥ 485,329 ¥ 108,125 ¥ 593,454
Depreciation and amortization 11,224 2,596 1,225 962 16,007 16,007
Capital expenditures 18,960 4,655 1,153 1,228 25,996 25,996
For the year ended March 31, 2000
Net sales
Outside customers ¥ 166,219 ¥ 135,095 ¥ 49,461 ¥ 21,026 ¥ 371,801 ¥ ¥ 371,801
Intersegment sales/transfer 6,042 2,152 1,444 10,215 19,853 (19,853)
Total 172,261 137,247 50,905 31,241 391,654 (19,853) 371,801
Operating expenses 163,113 129,504 50,088 30,367 373,072 (19,705) 353,367
Operating income ¥ 9,148 ¥ 7,743 ¥ 817 ¥ 874 ¥ 18,582 ¥ (148) ¥ 18,434
Assets ¥ 248,044 ¥ 72,934 ¥ 48,902 ¥ 30,288 ¥ 400,168 ¥ 102,007 ¥ 502,175
Depreciation and amortization 11,865 2,854 1,099 1,433 17,251 17,251
Capital expenditures 8,266 2,104 611 2,900 13,881 13,881
Thousands of U.S. Dollars
Precision Imaging (Eliminations)
Equipment Products Instruments Other Total or corporate Consolidated
For the year ended March 31, 2001
Net sales
Outside customers $ 1,860,899 $ 1,422,275 $ 466,442 $ 156,410 $3,906,026 $ $ 3,906,026
Intersegment sales/transfer 34,240 31,411 9,815 195,569 271,035 (271,035)
Total 1,895,139 1,453,686 476,257 351,979 4,177,061 (271,035) 3,906,026
Operating expenses 1,536,083 1,368,916 434,367 338,025 3,677,391 (267,110) 3,410,281
Operating income $ 359,056 $ 84,770 $ 41,890 $ 13,954 $ 499,670 $ (3,925) $ 495,745
Assets $ 2,525,942 $ 704,661 $ 334,576 $ 351,922 $3,917,101 $ 872,677 $ 4,789,778
Depreciation and amortization 90,587 20,952 9,888 7,770 129,197 129,197
Capital expenditures 153,029 37,572 9,304 9,910 209,815 209,815
Precision Equipment : IC steppers, LCD steppers, etc.
Imaging Products : Cameras, Interchangeable camera lenses, Digital cameras, etc.
Instruments : Microscopes, Measuring instruments, etc.
Other : Binocular and telescope products, Ophthalmic frames, Surveying instruments, etc.
Notes: 1. Change in Business Classification
From fiscal 2001, in line with the empowerment of each company in order to construct a consistent accountability system and a decentralized management
system, the Group Business classifications used until fiscal 2000, namely “Consumer Products” and “Industrial Instruments” changed to “Precision
Equipment”, “Imaging Products”, “Instruments” and “Other”. Along with this, a review of all companies’ assets was carried out. This change was conducted in
order to clarify the position of each business and also the change in management responsibility by way of reorganization of all companies in the Group and
review of the standards for profit control.
2. The effect of the change in the accounting for employees’ retirement benefits described in Note (f) was to increase operating income of Precision Equipment,
Imaging Products, Instruments and Other for the year ended March 31, 2001, by ¥854 million ($6,893 thousand), ¥320 million ($2,584 thousand), ¥195 million
($1,574 thousand), ¥12 million ($102 thousand), respectively, from such segments in the prior year.