Yamaha 2006 Annual Report Download - page 2

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02
Forward-looking statements
The plans and strategies regarding Yamaha’s future prospects presented in this annual report have been drawn up by the Company’s manage-
ment based on information available at the current time and, therefore, are subject to risks and uncertainties. Accordingly, our actual performance
may differ significantly from our predictions depending on changes in the operating and economic environments, demand trends, the value of key
currencies, such as the U.S. dollar and the euro, technological advancements and developments in intellectual property litigation.
02 Financial Highlights
03 CREATING ‘KANDO’ TOGETHER
12 Message to Our Shareholders
16 Company Segments at a Glance
18 Review of Operations
18 Musical Instruments
22 AV/IT
26 Electronic Equipment and Metal Products
28 Lifestyle-Related Products
30 Recreation
32 Others
34 R&D and Intellectual Property
38 Emphasis on Corporate Social Responsibility (CSR)
in Management
44 Board of Directors, Corporate Auditors and
Executive Officers
46 Financial Section
76 History
78 Network
79 Investor Information
Page index
For the year:
Net sales
Operating income
Net income
At year-end:
Total assets
Total shareholders’ equity
Per share data:
Net income
Shareholders’ equity
Cash dividends
Number of employees at year-end
2006
$ 4,546,557
205,457
239,406
$ 4,426,466
2,690,091
$ 1.16
13.05
0.17
2005
¥ 534,079
35,695
19,697
¥ 505,577
275,200
¥ 95.06
1,334.51
20.00
23,828
2006
¥ 534,084
24,135
28,123
¥ 519,977
316,005
¥ 136.04
1,532.62
20.00
25,298
Millions of Yen
Thousands of
U.S. Dollars
Yen U.S. Dollars
Note: U.S. dollar amounts are translated from yen, for convenience only, at the rate of ¥117.47 = U.S.$1.00, the approximate rate prevailing
on March 31, 2006.
Financial Highlights Yamaha Corporation and Consolidated Subsidiaries
March 31, 2006 and 2005