Yamaha 2011 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2011 Yamaha annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

86 Yamaha Corporation
Thousands of U.S. dollars (Note 3)
Year ended March 31, 2011 Japan North America Europe
Asia, Oceania
and other areas Total Adjustments Consolidated
Sales
Sales to external customers $2,296,013 $650,439 $780,072 $ 769,729 $4,496,284 $ — $4,496,284
Intersegment sales or transfers 1,490,595 10,511 17,474 724,245 2,242,838 (2,242,838) —
Total 3,786,627 660,950 797,547 1,493,987 6,739,134 (2,242,838) 4,496,284
Segment income $ 20,301 $ 17,426 $ 20,060 $ 100,686 $ 158,485 $ (144) $ 158,328
Total assets $3,338,485 $286,470 $402,514 $ 898,304 $4,925,797 $ (225,219) $4,700,565
Property, plant and equipment $1,052,495 $ 16,055 $ 43,079 $ 190,427 $1,302,069 $ — $1,302,069
Notes: 1. Sales information is based on Group locations where sales take place and it is classified by country or region.
2. Main country and regional divisions other than Japan:
This classification is the same as “Sales information based on the geographical location of the customers.”
3. The item “Adjustments” contains the following:
The sales adjustment item of ¥(186,492) million ($(2,242,838) thousand), which comprises eliminations of transactions among the Company’s business segments.
4. Consolidated segment income corresponds to operating income presented in the Consolidated Statements of Operations.
(e) Information related to the amount of amortization of goodwill and the unamortized amount of goodwill by reporting segment
Since the amounts are not material, this information has been omitted.
(f) Information on profit arising from negative goodwill by reporting segment
None
For the year ended March 31, 2010
(a) Business segments
Millions of yen
Year ended March 31, 2010
Musical
instruments AV/IT
Electronic
devices
Lifestyle-
related
products Others Total
Eliminations
or unallocated
amounts Consolidated
I. Sales and operating income (loss)
Sales to external customers ¥276,252 ¥54,409 ¥19,745 ¥36,942 ¥27,461 ¥414,811 ¥ — ¥414,811
Intersegment sales or transfers — — 718 — — 718 (718) —
Total 276,252 54,409 20,464 36,942 27,461 415,530 (718) 414,811
Operating expenses 271,134 53,003 21,070 36,577 26,914 408,702 (718) 407,983
Operating income (loss) ¥ 5,117 ¥ 1,405 ¥ (606) ¥ 365 ¥ 546 ¥ 6,828 ¥ — ¥ 6,828
II. Total assets, depreciation and
amortization, loss on impairment of
fixed assets and capital expenditures
Total assets ¥263,472 ¥34,524 ¥14,828 ¥ — ¥89,325 ¥402,152 ¥ — ¥402,152
Depreciation and amortization ¥ 9,511 ¥ 1,436 ¥ 981 ¥ 887 ¥ 1,323 ¥ 14,139 ¥ — ¥ 14,139
Loss on impairment of fixed assets ¥ 1,330 ¥ 150 ¥ — ¥ — ¥ 481 ¥ 1,962 ¥ — ¥ 1,962
Capital expenditures ¥ 11,663 ¥ 1,348 ¥ 659 ¥ 525 ¥ 284 ¥ 14,480 ¥ — ¥ 14,480
Notes: 1. The business segments have been determined based on the application or nature of each product in the market.
2. Major products in each business segment:
Business segment Major products and services
Musical instruments Pianos, digital musical instruments, wind instruments, string instruments, percussion instruments, educational musical instruments, profes-
sional audio equipment, soundproof rooms, music schools, English language schools, music entertainment software, and piano tuning
AV/IT Audio products, and IT equipment
Electronic devices Semiconductors
Lifestyle-related products System bathrooms, system kitchens, and washstands
Others Golf products, automobile interior wood components, factory automation (FA) equipment, metallic molds and components,
and management of accommodation facilities and sports facilities
3. Among the assets of the others segment, the amounts of investment securities related to Yamaha Motor Co., Ltd. (the market value reported on the accompanying
consolidated balance sheets) were ¥59,742 million.
4 Three companies, Yamaha Livingtec Corporation and its two wholly owned subsidiaries, Yamaha Living Products Corporation and Joywell Home Corporation, formerly
conducted lifestyle-related products business. However, following the transfer of 85.1% of the shares that Yamaha Corporation held in Yamaha Livingtec on March 31,
2010, to a limited investment partnership managed and operated by Japan Industrial Partners Inc. and other investors, these three companies have been excluded from
the scope of consolidation of Yamaha Corporation. Profit and loss accounts and cash flow information were consolidated until the end of period.