Yamaha 2011 Annual Report Download - page 45

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Fiscal 2011 Highlights
43
Annual Report 2011
Consolidated Statements of Operations Summary Consolidated Balance Sheets Summary
(Millions of yen)(Millions of yen)
Net sales
Operating income
Net loss
414,811
6,828
-4,921
Net sales
Cost of sales
Selling, general and
administrative expenses
Other expenses
Minority interests
in income
Income taxes
Operating income
Net income
373,866
237,313
123,387
6,362
364
13,165
1,359
5,078
� Current assets
� Property, plant and equipment
� Investments and other assets
� Current liabilities
� Noncurrent liabilities
� Net assets
193,260
116,291 254,591
72,378
75,182
92,600
Total assets
402,152
194,717
108,267 245,002
71,013
74,836
87,867
Total assets
390,852
Fiscal 2010Fiscal 2010
Fiscal 2011Fiscal 2011
In fiscal 2011, sales decreased, but earnings increased year on year.
The Company turned its first profit in three years thanks to steady production and sales.
Sales in the musical instruments segment decreased because of the strong yen, while sales increased
in the AV/IT segment and electronic devices segment.
Operating income increased year on year in every segment.