Wacom 2008 Annual Report Download - page 32

8. Research and development
expenditures:
Research and development expenditures, which are
charged to income when incurred, are included in selling,
general and administrative expenses. Such expenses
amounted to ¥832,344 thousand and ¥1,111,911
thousand ($11,098 thousand) for the years ended March
31, 2007 and 2008, respectively.
Thousands of
U.S. dollars
Thousands of yen
2007 2008 2008
(1) Service cost
(2) Interest cost
(3) Recognized actuarial loss
(4)
Net periodic pension expense
¥43,655
6,106
6,330
¥56,091
¥43,655
6,106
6,330
¥56,091
$425
66
53
$544
The components of the net periodic pension expense for
the years ended March 31, 2007 and 2008 are as follows:
(1) Discount rate
(2)
Method of attributing the projected
benefits to periods of service
(3) Amortization of unrecognized
actuarial differences
2.0%
Straight-line
basis
Straight-line
over 5 years
2.0%
Straight-line
basis
Straight-line
over 5 years
2007 2008
The assumptions used as of March 31, 2007 and 2008
are as follows:
Some of consolidated subsidiaries overseas have defined
contribution pension plans.
(Additional information)
Effective from the year ended March 31, 2008, the
Company adopted “Accounting Standards Board of Japan
Statement No. 14, Partial Amendments to Accounting
Standards for Retirement Benefits (Part 2)” issued by the
Accounting Standards Board of Japan on May 15, 2007.
7. Selling, general and administrative
expenses:
The major components of “Selling, general and
administrative expenses” are as follows:
Advertising expenses
Provision for allowance for
doubtful accounts
Salaries
Pension expenses
Provisions for retirement
benefits of directors and
statutory corporate auditors
Provisions for bonuses to
employees
Provisions for bonuses to
directors and statutory
corporate auditors
Commission paid
Others
Total
¥1,263,232
116,577
2,212,009
82,256
40,173
526,828
29,800
1,052,158
5,140,015
¥10,463,048
¥1,617,543
9,349
2,651,928
86,812
47,835
602,186
23,695
1,433,588
6,628,548
¥13,101,484
$16,145
93
26,469
866
477
6,010
237
14,309
66,160
$130,766
Thousands of
U.S. dollars
Thousands of yen
Year ended March 31
2007 2008 2008
Year ended
March 31
9. Gain and loss on sale and disposal of
fixed assets:
(1) Gain on sale of fixed
assets
Machinery, equipment and
vehicles
Tools and furniture
Total
¥1,333
128
¥1,461
¥–
108
¥108
$–
1
$1
Thousands of
U.S. dollars
Thousands of yen
Year ended March 31
2007 2008 2008
Year ended
March 31
(2) Loss on sale of fixed
assets
Machinery, equipment and
vehicles
Tools and furniture
Software
Total
¥1,874
–
8
¥1,882
¥1,451
66
–
¥1,517
$14
1
–
$15
Thousands of
U.S. dollars
Thousands of yen
Year ended March 31
2007 2008 2008
Year ended
March 31
(3) Loss on disposal of fixed
assets
Buildings and facilities
Machinery, equipment and
vehicles
Tools and furniture
Total
¥31,285
397
8,797
¥40,479
¥1,467
10
10,282
¥11,759
$15
0
102
$117
Thousands of
U.S. dollars
Thousands of yen
Year ended March 31
2007 2008 2008
Year ended
March 31
10. Changes in net assets:
(1) Type and number of shares outstanding and treasury stock
Number of shares as of March
31, 2006 (Unit: shares)
Number of shares increased during
the accounting period ended
March 31, 2007 (Unit: shares)
Number of shares decreased during
the accounting period ended
March 31, 2007 (Unit: shares)
Number of shares as of March
31, 2007 (Unit: shares)
412,600
6,096
–
418,696
412,600
6,096
–
418,696
–
–
–
–
–
–
–
–
Common stock
Type of shares outstanding
Total Common stock
Type of treasury stock
Total
Note: Increase in the number of shares was due to exercise of stock options.
Number of shares as of March
31, 2007 (Unit: shares)
Number of shares increased during
the accounting period ended
March 31, 2008 (Unit: shares)
Number of shares decreased during
the accounting period ended
March 31, 2008 (Unit: shares)
Number of shares as of March
31, 2008 (Unit: shares)
418,696
1,460
–
420,156
418,696
1,460
–
420,156
–
–
–
–
–
–
–
–
Common stock
Type of shares outstanding
Total Common stock
Type of treasury stock
Total
Note: Increase in the number of shares was due to exercise of stock options.
(2) Matters related to dividends
a) Dividend payment
Dividends payment approved at the board
meeting held on May 29, 2007
are as follows:
Board meeting on
May 29, 2007
(Approval by)
June 1,
2007
March 31,
2007
¥1,500¥628,044
Common
stock
Total amont
of dividends
(Thousands
of yen)
Type of
shares
Dividends
per share
(yen)
Record
date
Effective
date
Board meeting on
May 29, 2007
(Approval by)
June 1,
2007
March 31,
2007
$15 $6,269
Common
stock
Total amont
of dividends
(Thousands
of U.S. dollars)
Type of
shares
Dividends
per share
(dollar)
Record
date
Effective
date
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