Olympus 2008 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2008 Olympus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

32 OLYMPUS 2008
TEN-YEAR SUMMARY
Olympus Corporation and Consolidated Subsidiaries
Sales by Geographic Area
(%)
Other areas 2.3
26.9
12.3
Asia
Europe
Japan
37.2
21.3 North
America
08 08
Sales by Business Segment
(%)
Others 6.2
Imaging
Systems
Business
28.4
31.3
22.5
Medical
Systems
Business
Life
Science
Business
11.6
Information and
Communication
Business
2008 2007
FOR THE YEAR:
Net sales:
Domestic ........................................................................................................................................................ ¥ 420,227 414,746
Overseas ........................................................................................................................................................ ¥ 708,648 647,040
Total ................................................................................................................................................................ ¥1,128,875 1,061,786
Percentage to previous year ......................................................................................................................... 106.3% 108.6
Net income (loss) ............................................................................................................................................ ¥ 57,969 47,799
Percentage to net sales ................................................................................................................................. 5.1% 4.5
R&D expenditures .......................................................................................................................................... ¥ 65,928 55,531
Capital expenditures ...................................................................................................................................... ¥ 50,070 44,696
Depreciation and amortization ..................................................................................................................... ¥ 37,522 30,404
Earnings per share (in yen):
Basic net income (loss) ................................................................................................................................ ¥ 214.48 176.79
Diluted net income ....................................................................................................................................... ¥ 214.44 —
Cash dividends per share (in yen):
Actual ............................................................................................................................................................. ¥ 40.00 35.00
AT YEAR-END:
Total assets ..................................................................................................................................................... ¥1,358,349 1,091,800
Turnover (times) .............................................................................................................................................. 0.83 0.97
Total liabilities ................................................................................................................................................ ¥ 990,473 746,929
Minority interests ........................................................................................................................................... ¥ 11,525 10,661
Equity ............................................................................................................................................................... ¥ 356,351 334,210
Equity ratio ...................................................................................................................................................... 26.2% 30.6
Working capital ............................................................................................................................................... ¥ (119,149) 162,722
Number of shares issued (in thousands) .................................................................................................... 271,284 271,284
Number of employees .................................................................................................................................... 35,772 32,958
Notes: 1. See Note 1 (l) of Notes to the Consolidated Financial Statements in respect to the calculation of amounts and dividends per share.
2. These figures are based on accounting principles generally accepted in Japan.
3. 1999–2007: Diluted net income per share is not presented due to the fact that there were no potentially dilutive common shares which have resulted in a dilutive effect.
4. 2008: Diluted net income per share is presented due to the fact that there were potentially dilutive common shares which have resulted in a dilutive effect.
5. Effective for the year ended March 31, 2003, the Company had adopted the accounting standard for earnings per share and related guidance (Accounting
Standards Board Statement No.2, “Accounting Standard for Earnings Per Share” and Financial Standards Implementation Guidance No.4, “Implementation
Guidance for Accounting Standard for Earnings Per Shares,” issued by the Accounting Standards Board of Japan on September 25, 2002).
6. Effective for the year ended March 31, 2007, the Company adopted the accounting standard for presentation of net assets in the balance sheet.
See Note 2(e) of the Notes to the Consolidated Financial Statements for details.
7. 2007, 2008: Equity=Total net assets - Minority interests
1998–2006: Equity = Total Shareholders’ equity