Pioneer 2010 Annual Report Download - page 50

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The following is the fair value information for foreign currency forward contracts and currency swap contracts to which
hedge accounting was not applied at March 31, 2009. Derivative contracts which qualify for hedge accounting are excluded
from the information below.
Millions of Yen
March 31, 2009
Contract
Amount Fair Value
Unrealized
Gain/Loss
Foreign currency forward contracts:
Buying U.S. dollars ¥ 731 ¥ 766 ¥35
Buying Sterling pounds 3,929 3,924 (5)
Selling U.S. dollars 1,343 1,328 15
Currency swap contracts:
Receiving Australia dollars, paying U.S. dollars 2,857 8 8
Total ¥8,860 ¥6,026 ¥53
The fair value of derivative transactions is measured at the quoted price obtained from the forward exchange market.
The contract or notional amounts of derivatives which are shown in the above table do not represent the amounts
exchanged by the parties and do not measure the Group’s exposure to credit or market risk.
17. Net Loss per Share
Basic net loss per share (“LPS”) for the years ended March 31, 2010 and 2009 was calculated as follows:
Millions of Yen
Thousands of
Shares Yen U.S. Dollars
Net Loss
Weighted-
Average
Number of
Shares LPS LPS
Year ended March 31, 2010:
Basic LPS
Net loss attributable to common shareholders ¥ (58,276) 213,703 ¥(272.70) $(2.93)
Year ended March 31, 2009:
Basic LPS
Net loss attributable to common shareholders ¥(130,529) 205,014 ¥ (636.68)
Diluted net loss per share is not disclosed because of the Group’s net loss position.
18. Segment Information
Information about business segments, geographic segments and sales to overseas customers of the Group for the years ended
March 31, 2010 and 2009 was as follows:
a. Business Segments
(1) Sales and operating income (loss)
Millions of Yen
2010
Car
Electronics
Home
Electronics Others
Corporate/
Eliminations Consolidated
Sales to customers ¥249,331 ¥133,329 ¥56,338 – ¥438,998
Intersegment sales 1,729 646 14,241 ¥(16,616) –
Total sales 251,060 133,975 70,579 (16,616) 438,998
Operating expenses 258,334 143,113 69,890 (14,825) 456,512
Operating income (loss) ¥ (7,274) ¥ (9,138) ¥ 689 ¥ (1,791) ¥ (17,514)
48
PIONEER CORPORATION Annual Report 2010