Yamaha 2011 Annual Report Download - page 86

84 Yamaha Corporation
For the year ended March 31, 2011
Effective the year ended March 31, 2011, “Accounting Standard for Disclosures about Segments of an Enterprise and Related Information” (ASBJ
Statement No.17, issued by the ASBJ on March 27, 2009) and the “Guidance on the Accounting Standard for Disclosures about Segments of an
Enterprise and Related Information” (ASBJ Guidance No.20, issued by the ASBJ on March 21, 2008) have been applied. Segment information for the
year ended March 31, 2010 has not been restated for comparative purposes since there are no differences between those under the new standards
and the previous standards.
(a) Summary of reporting segments
Business segments are composed of business units that provide separate financial information, are regularly reviewed by the Board of Directors of
the Company for the purpose of business performance evaluation and management resource allocation decisions, and that have been grouped to
consolidate products and services with similar economic characteristics and contents.
The Company has established business divisions by product and service in its head office and formulates comprehensive strategies for imple-
mentation in Japan and overseas in its respective business domains.
Therefore, the Company’s business segments, based on its business domains, comprise its three principal reporting segments, which are
“Musical instruments,” “AV/IT,” and “Electronic devices.” Other businesses have been grouped together in “Others.”
The “Musical instruments” segment includes manufacturing and sales of pianos, digital musical instruments, wind, string, and percussion
instruments and professional audio equipment as well as other music-related activities. The “AV/IT” segment includes manufacturing and sales of
audio products, IT equipment and certain other products. The “Electronic devices” segment includes manufacturing and sales of semiconductors.
The “Others” includes automobile interior wood components, factory automation (FA) equipment, and golf products, recreation, and certain other
lines of business.
(b) Method for calculating the sales, income (loss), assets, and other items for reporting segments
The accounting treatment for reporting business segments is carried out through principles and procedures set forth in Note 1 “Summary of
Significant Accounting Policies.”
Figures for segment income in reporting segments are on an operating income basis.
Intersegment sales and transfers are based on prevailing market prices.
(c) Information by product and service
Millions of yen
Year ended March 31, 2011
Musical
instruments AV/IT
Electronic
devices Others Total Adjustments Consolidated
Sales
Sales to external customers ¥271,124 ¥57,023 ¥20,610 ¥25,108 ¥373,866 ¥ — ¥373,866
Intersegment sales or transfers 1,080 1,080 (1,080)
Total 271,124 57,023 21,690 25,108 374,946 (1,080) 373,866
Segment income ¥ 8,616 ¥ 2,547 ¥ 510 ¥ 1,490 ¥ 13,165 ¥ — ¥ 13,165
Segment assets ¥253,036 ¥36,617 ¥14,983 ¥86,215 ¥390,852 ¥ — ¥390,852
Other items
Depreciation and amortization ¥ 9,678 ¥ 1,361 ¥ 900 ¥ 873 ¥ 12,814 ¥ — ¥ 12,814
Loss on impairment of fixed assets ¥ 2,575 ¥ — ¥ — ¥ 112 ¥ 2,687 ¥ — ¥ 2,687
Increase in property, plant and
equipment and intangible assets ¥ 8,224 ¥ 1,044 ¥ 921 ¥ 464 ¥ 10,655 ¥ — ¥ 10,655
Effective the year ended March 31, 2010, the “Accounting Standard for Disclosures about Fair Value of Investment and Rental Property Accounting
Standard for Related Party Disclosures” (ASBJ Statement No. 20, issued by the ASBJ on November 28, 2008) and “Guidance on Accounting Standard for
Disclosures about Fair Value of Investment and Rental Property” (ASBJ Guidance No. 23, issued by the ASBJ on November 28, 2008) have been applied.
Since the amounts for the years ended March 31, 2010 and 2011 are not material, this information has been omitted.
27. Segment Information
26. Rental Property