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27
shares of the new company to Fujitsu. In accordance with this contract, the Company will continue manufacturing and
selling of the existing models of mobile phones until the first half of FY2011.
In accordance with ASC No.205-20 “Presentation of Financial Statements–Discontinued Operations” (“ASC No.205-20”),
operating results relating to the mobile phone business are separately presented as discontinued operations in the
consolidated statements of income.
Operating results relating to the mobile phone business, which are reclassified as discontinued operations, are as
follows:
Millions of yen Thousands of U.S. dollars
Year ended March 31 2011 2010 2011
Sales and other income ¥ 84,167 ¥ 90,995 $ 1,014,060
Costs and expenses 98,004 100,446 1,180,771
Loss from discontinued operations,
before income taxes and noncontrolling interests (13,837) (9,451) (166,711)
Income taxes (5,631) (3,846) (67,843)
Loss from discontinued operations, before noncontrolling interests (8,206) (5,605) (98,868)
Less: Net income from discontinued operations
attributable to noncontrolling interests ———
Net loss from discontinued operations
attributable to shareholders of the Company (8,206) (5,605) (98,868)
Mobile Broadcasting Corporation (“MBCO”), a consolidated subsidiary of the Company, ended all its broadcasting services
by the end of March 2009, and is in the course of going through the procedures for dissolution. In accordance with ASC
No.205-20, operating results relating to MBCO in consolidated statements of income are separately presented as
discontinued operations. These amounts were not significant.