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45NIKON ANNUAL REPORT 2007
Directors’ Bonus” issued by the Accounting Standards Board of Japan on November 29, 2005, and directors’ bonuses are accounted for as an expense of
the period during which the payments had occurred. The effect of this change was to decrease operating income in Other segment for the period ended
March 31, 2007 by ¥90 million ($762 thousand), as compared with the amounts calculated by the previous method.
3. As described in Note 2 (i), Stock Options had been formerly accounted for as a decrease of retained earnings. Effective from the period ended March 31,
2007, the Company and its subsidiaries in Japan adopted Accounting Standards Board of Japan Statement No.8 “Accounting for subscription rights to
shares and for bonds with subscription rights to shares” issued by the Accounting Standards Board of Japan on December 27, 2005, and Accounting
Standards of Japan Guidance No.11 “Implementation guidance for accounting standards for share-based payment” issued by the Accounting Standards
Board of Japan on May 31, 2006. The effect of this change was to decrease operating income in Other segment for the period ended March 31, 2007 by
¥83 million ($704 thousand), as compared with the amounts calculated by the previous method.
(b) Geographic Segments
For the year ended March 31, 2007
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income
Assets
Consolidated
¥ 822,813
822,813
720,806
¥ 102,007
¥ 748,939
(Eliminations)
or Corporate
¥
(474,374)
(474,374)
(474,955)
¥ 581
¥ 71,000
Total
¥ 822,813
474,374
1,297,187
1,195,761
¥ 101,426
¥ 677,939
Asia
¥ 91,859
124,092
215,951
211,260
¥ 4,691
¥ 66,416
Europe
¥ 177,386
119
177,505
172,244
¥ 5,261
¥ 51,555
North
America
¥ 216,113
2,512
218,625
211,937
¥ 6,688
¥ 67,275
Japan
¥ 337,455
347,651
685,106
600,320
¥ 84,786
¥ 492,693
Millions of Yen
For the year ended March 31, 2006
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income
Assets
Consolidated
¥ 730,944
730,944
664,357
¥ 66,587
¥ 690,920
(Eliminations)
or Corporate
¥
(423,462)
(423,462)
(423,153)
¥ (309)
¥ 24,997
Total
¥ 730,944
423,462
1,154,406
1,087,510
¥ 66,896
¥ 665,923
Asia
¥ 72,454
92,650
165,104
156,630
¥ 8,474
¥ 54,658
Europe
¥ 166,734
154
166,888
162,061
¥ 4,827
¥ 54,634
North
America
¥ 216,849
2,132
218,981
210,590
¥ 8,391
¥ 72,766
Japan
¥ 274,907
328,526
603,433
558,229
¥ 45,204
¥ 483,865
Millions of Yen
For the year ended March 31, 2007
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income
Assets
Consolidated
$ 6,970,042
6,970,042
6,105,945
$ 864,097
$ 6,344,253
(Eliminations)
or Corporate
$
(4,018,417)
(4,018,417)
(4,023,339)
$ 4,922
$ 601,442
Total
$ 6,970,042
4,018,417
10,988,459
10,129,284
$ 859,175
$ 5,742,811
Asia
$ 778,136
1,051,174
1,829,310
1,789,574
$ 39,736
$ 562,610
Europe
$ 1,502,641
1,011
1,503,652
1,459,087
$ 44,565
$ 436,717
North
America
$ 1,830,690
21,280
1,851,970
1,795,319
$ 56,651
$ 569,886
Japan
$ 2,858,575
2,944,952
5,803,527
5,085,304
$ 718,223
$ 4,173,598
Thousands of U.S. Dollars
North America ........................ U.S.A., Canada
Europe.................................... The Netherlands, Germany, United Kingdom, etc.
Asia ........................................ China, South Korea, Taiwan, Thailand, etc.
Notes: 1. As described in Note 2 (m), Directors’ Bonuses had been formerly accounted for as a decrease of retained earnings. Effective from the period ended
March 31, 2007, the Company and its subsidiaries in Japan adopted Accounting Standards Board of Japan Statement No.4 “Accounting standard for
Directors’ Bonus” issued by the Accounting Standards Board of Japan on November 29, 2005, and director’s bonuses are accounted for as an expense of
the period during which the payments had occurred. The effect of this change was to decrease operating income in Japan for the period ended March
31, 2007 by ¥90 million ($762 thousand), as compared with the amounts calculated by the previous method.
2. As described in Note 2 (i), Stock Options had been formerly accounted for as a decrease of retained earnings. Effective from the period ended March 31,
2007, the Company and its subsidiaries in Japan adopted Accounting Standards Board of Japan Statement No.8 “Accounting for subscription rights to