Nikon 2003 Annual Report Download - page 38

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36
14. SUBSEQUENT EVENTS
At the general shareholders’ meeting held on June 27, 2003, the Company’s shareholders approved the following stock option plan for the
Company’s directors and key employees and the purchase of treasury stock.
(a) Stock option plan
The plan provides for granting options to directors and key employees to purchase up to 203 thousand shares of the Company’s common
stock in the period from June 28, 2005 to June 27, 2013. The options will be granted at an exercise price of 105% of the fair market value
of the Company’s common stock at the prior month of the date of option grant. The Company plans to issue acquired treasury stock upon
exercise of the stock options.
(b) Purchase of treasury stock
The Company was authorized to repurchase up to 10,000 thousand shares of the Company’s common stock (aggregate amount of ¥10,000
million) as treasury stock until the next general shareholders’ meeting.
For the year ended March 31, 2003
Net sales
Outside customers
Intersegment sales/transfer
Tota l
Operating expenses
Operating income (loss)
Assets
Depreciation and amortization
Capital expenditures
Consolidated
¥468,959
468,959
464,772
¥4,187
¥576,912
20,435
20,226
(Eliminations)
or corporate
¥
(27,846)
(27,846)
(28,301)
¥455
¥99,366
Total
¥468,959
27,846
496,805
493,073
¥3,732
¥477,546
20,435
20,226
Other
¥18,809
23,066
41,875
43,135
¥(1,260)
¥38,977
1,503
663
Instruments
¥48,696
1,176
49,872
48,030
¥1,842
¥35,543
823
861
Imaging
Products
¥270,327
1,629
271,956
244,211
¥27,745
¥134,167
3,447
6,404
Precision
Equipment
¥131,127
1,975
133,102
157,697
¥(24,595)
¥268,859
14,662
12,298
Millions of Yen
For the year ended March 31, 2002
Net sales
Outside customers
Intersegment sales/transfer
Tota l
Operating expenses
Operating income
Assets
Depreciation and amortization
Capital expenditures
Consolidated
¥482,975
482,975
460,736
¥22,239
¥561,276
17,917
33,546
(Eliminations)
or corporate
¥
(32,410)
(32,410)
(32,836)
¥426
¥92,632
Total
¥482,975
32,410
515,385
493,572
¥21,813
¥468,644
17,917
33,546
Other
¥23,062
25,114
48,176
46,599
¥1,577
¥43,431
1,486
1,159
Instruments
¥45,410
1,231
46,641
46,173
¥ 468
¥34,801
726
736
Imaging
Products
¥219,576
2,001
221,577
205,443
¥16,134
¥108,203
3,011
8,386
Precision
Equipment
¥194,927
4,064
198,991
195,357
¥3,634
¥282,209
12,694
23,265
Millions of Yen
15. SEGMENT INFORMATION
Information about industry segments, geographic segments and sales to foreign customers of the Group for the fiscal years ended March 31,
2003 and 2002, was as follows:
(a) Industry Segments