Nikon 2013 Annual Report Download - page 58

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56
19. Insurance Income
Nikon (Thailand) Co., Ltd., which incurred damage due to the floods in Thailand in October 2011, and others recorded as insurance
income the reimbursement received for a part of the losses of property, plant and equipment and inventories affected by the disas-
ter. The amount of insurance income regarding this case has been settled, and no additional amount is expected to be received.
20. Losses from Natural Disaster
The Group incurred losses from a natural disaster of ¥12,505 million in 2012, which includes the loss of noncurrent assets,
inventories and other expenses, due to the floods in Thailand in October 2011.
The loss mainly includes the following:
Millions of Yen
Disposal and impairment loss of noncurrent assets ¥6,790
Disposal and write-down of inventories 2,117
Restoration cost and others 1,579
21. Subsequent Events
Appropriations of Retained Earnings
The following appropriation of retained earnings at March 31, 2013 was approved at the Company’s shareholders’ meeting held
on June 27, 2013:
Millions of Yen
Thousands of
U.S. Dollars
Year-end cash dividends, ¥12.00 ($0.13) per share ¥4,759 $50,603
22. Segment Information
1. Description of reportable segments
The Group’s reportable segments are those for which separate
financial information is available and regular consideration
by the Company’s management is being performed in order to
decide how resources are allocated among the Group and
evaluate the performance of the segments.
Therefore, the Group has three reportable segments:
the Precision Equipment Business, the Imaging Products
Business and the Instruments Business.
The Precision Equipment Business provides products and
services of IC steppers and LCD steppers. The Imaging Prod-
ucts Business provides products and services of imaging
products and its peripheral domain, like digital SLR cameras,
compact digital cameras and interchangeable camera lenses.
The Instruments Business provides products and services of
microscopes, measuring instruments and inspection equipment.
2. Methods of measurement for the amounts of sales,
profit (loss), assets, and other items for each reportable
segment
The accounting policies of each reportable segment are con-
sistent to those disclosed in Note 2, “Summary of Significant
Accounting Policies.” Figures for segment profit (loss) are
on an operating income (loss) basis. Intersegment sales or
transfers are based on current market prices.