Sharp 2008 Annual Report Download - page 41

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increase of 8.3% in regional sales to ¥577,912 million.
Operating income was down 21.9% at ¥7,444 million due
mainly to an increase in start-up costs for an LCD TV
production facility.
In Europe, sales of LCD TVs were robust, and sales of
CCD/CMOS imagers grew. Regional sales increased by
11.9% to ¥552,376 million and operating income increased
by 38.8% to ¥11,280 million.
In China, sales of LCD TVs were strong, while sales of
LCD panels for TVs and mobile equipment expanded.
Regional sales increased by 22.4% to ¥641,531 million.
Operating income was up 11.2% at ¥9,835 million.
In Other, sales of LCD TVs and large-size LCD panels for
TVs were brisk, while sales of refrigerators and air
conditioners expanded steadily. Overall sales were up 12.0%
to ¥380,428 million, and operating income climbed 74.1% to
¥3,683 million.
Capital Investment*and Depreciation
Capital investment for the fiscal year was ¥344,262 million, up
9.5% from the prior year. The majority of this was investment
to reinforce production lines at the Kameyama No. 2 Plant
aimed at providing a stable supply of large-size LCD panels,
to develop a new LCD panel plant planned for Sakai City,
Osaka Prefecture, and to strengthen production facilities at
foreign subsidiaries in the Americas and Europe.
The capital investment of Consumer/Information
Products was ¥45,976 million and of Electronic Components
was ¥298,286 million.
Depreciation and amortization increased by 27.0% to
¥276,567 million.
*The amount of properties for lease is included in capital investment.
Assets, Liabilities and Net Assets
Total assets increased by ¥104,397 million over the prior year
to ¥3,073,207 million.
[Assets]
Current assets amounted to ¥1,642,622 million, a decrease of
¥36,641 million from the prior year. This was due mainly to a
decrease in short-term investments of ¥44,673 million to
¥2,492 million and a decrease in notes and accounts receivable
of ¥25,365 million to ¥679,916 million. Inventories totaled
¥454,352 million, up ¥18,709 million. Of this amount, finished
Operating IncomeSales Sales Operating Income
[Consumer/Information Products] [Electronic Components]
(billions of yen) (billions of yen) (billions of yen) (billions of yen)