|
Report Date : |
29.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
SUMITOMO ELECTRIC INDUSTRIES, LTD. |
|
|
|
|
Registered Office : |
Shibaura Renasite
Tower 3-9-1, Shibaura, Minato-ku
Tokyo, 108-8539 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
August 1911 |
|
|
|
|
Legal Form : |
Public Subsidiary |
|
|
|
|
Line of Business : |
Manufacture of motor vehicles |
|
|
|
|
No. of Employees : |
194,734 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
JAPAN - ECONOMIC OVERVIEW
In the years following World War II, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan develop a technologically advanced economy. Two notable characteristics of the post-war economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiretsu, and the guarantee of lifetime employment for a substantial portion of the urban labor force. Both features are now eroding under the dual pressures of global competition and domestic demographic change. Japan's industrial sector is heavily dependent on imported raw materials and fuels. A tiny agricultural sector is highly subsidized and protected, with crop yields among the highest in the world. Usually self-sufficient in rice, Japan imports about 60% of its food on a caloric basis. Japan maintains one of the world's largest fishing fleets and accounts for nearly 15% of the global catch. For three decades, overall real economic growth had been spectacular - a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the after effects of inefficient investment and an asset price bubble in the late 1980s that required a protracted period of time for firms to reduce excess debt, capital, and labor. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, Japan in 2011 stood as the fourth-largest economy in the world after second-place China, which surpassed Japan in 2001, and third-place India, which edged out Japan in 2011. A sharp downturn in business investment and global demand for Japan's exports in late 2008 pushed Japan further into recession. Government stimulus spending helped the economy recover in late 2009 and 2010, but the economy contracted again in 2011 as the massive 9.0 magnitude earthquake in March disrupted manufacturing. Electricity supplies remain tight because Japan has temporarily shut down almost all of its nuclear power plants after the Fukushima Daiichi nuclear reactors were crippled by the earthquake and resulting tsunami. Estimates of the direct costs of the damage - rebuilding homes, factories, and infrastructure - range from $235 billion to $310 billion, and GDP declined almost 0.5% in 2011. Prime Minister Yoshihiko NODA has proposed opening the agricultural and services sectors to greater foreign competition and boosting exports through membership in the US-led Trans-Pacific Partnership trade talks and by pursuing free-trade agreements with the EU and others, but debate continues on restructuring the economy and reining in Japan's huge government debt, which exceeds 200% of GDP. Persistent deflation, reliance on exports to drive growth, and an aging and shrinking population are other major long-term challenges for the economy.
Source
: CIA
Sumitomo Electric
Industries, Ltd.
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Business Description
|
Sumitomo Electric Industries, Ltd. is a
Japan-based manufacturing company. The Company has five business segments. The
Automobile-related segment offers wire harnesses, rubber cushions, hoses for
automobiles, automobile electrical parts and others. The Information
Communications-related segment offers fiber-optic cables, electrical cables
and equipment for communications use, optical communications-related parts
and others. The Electronics-related segment offers electronic wires, compound
semiconductors, flexible print circuit boards, fluorine resin products and
others. The Cable, Equipment and Energy-related segment is engaged in the
provision of conductive products, electric wire cables and equipment, coil
wires and air springs, as well as the electrical construction works. The
Industrial Material and Others segment offers steel wires for precision
springs, steel rods, carbide tools and optical parts for lasers. For the six
months ended 30 September 2012, Sumitomo Electric Industries, Ltd. revenues
increased 9% to Y1.043T. Net income decreased 17% to Y15.81B. Revenues
reflect Automotive-Related Business segment increase of 18% to Y530.74B,
Electronics-Related Business segment increase of 15% to Y94.16B. Net income
was offset by Information And Communications-Related Businesses segment loss
increase of 85% to Y7.83B. |
Industry
|
Industry |
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ANZSIC 2006: |
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NACE 2002: |
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NAICS 2002: |
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UK SIC 2003: |
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UK SIC 2007: |
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US SIC 1987: |
Key Executives
|
Significant Developments
|
Financial Summary
|
|
Stock Snapshot
|
|
1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 78.96121
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 82.38536
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Sumitomo Electric Industries, Ltd. |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Osaka |
Japan |
Miscellaneous Fabricated Products |
26,080.5 |
194,734 |
|
|
Subsidiary |
Tokyo |
Japan |
Auto and Truck Parts |
26,080.5 |
194,734 |
|
|
Subsidiary |
Yokkaichi, Mie Pref |
Japan |
Auto and Truck Parts |
45.1 |
185,237 |
|
|
Joint Venture |
Noida |
India |
Auto and Truck Parts |
3,115.2 |
6,500 |
|
|
Subsidiary |
Bötzingen, Baden-Württemberg |
Germany |
Miscellaneous Capital Goods |
1,070.7 |
7,000 |
|
|
Subsidiary |
Bötzingen, Baden-Württemberg |
Germany |
Business Services |
|
95 |
|
|
Subsidiary |
Mosonszolnok |
Hungary |
Auto and Truck Parts |
317.7 |
1,068 |
|
|
Smr Holding Australia Pty Limited |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Lonsdale, SA |
Australia |
Construction - Supplies and Fixtures |
1.0 |
300 |
|
|
Subsidiary |
Sharjah |
United Arab Emirates |
Auto and Truck Parts |
|
375 |
|
|
Subsidiary |
Gateshead |
United Kingdom |
Auto and Truck Parts |
15.7 |
52 |
|
|
Motherson Sumi Electric Wires(Division Of Motherson
Sumi Systems Limited) |
Subsidiary |
Noida, Uttar Pradesh |
India |
Miscellaneous Fabricated Products |
|
282 |
|
Subsidiary |
Stuttgart |
Germany |
Miscellaneous Capital Goods |
|
120 |
|
|
Subsidiary |
Marysville, MI |
United States |
Miscellaneous Capital Goods |
|
720 |
|
|
Subsidiary |
Lonsdale |
Australia |
Auto and Truck Parts |
62.8 |
600 |
|
|
Subsidiary |
Fareham |
United Kingdom |
Recreational Products |
169.7 |
485 |
|
|
Subsidiary |
Dammarie les Lys |
France |
Construction - Supplies and Fixtures |
73.6 |
402 |
|
|
Subsidiary |
Stuttgart, Baden-Württemberg |
Germany |
Business Services |
3.0 |
12 |
|
|
Subsidiary |
Stuttgart, Baden-Württemberg |
Germany |
Auto and Truck Parts |
0.0 |
200 |
|
|
Subsidiary |
San Luis Potosi, San Luis Potosi |
Mexico |
Construction - Supplies and Fixtures |
10.8 |
289 |
|
|
Subsidiary |
San Luis Potosi, San Luis Potosi |
Mexico |
Business Services |
|
90 |
|
|
Subsidiary |
Chungchongbuk-Do |
Korea, Republic of |
Retail (Specialty) |
175.4 |
|
|
|
Subsidiary |
Buchon, Kyonggi-Do |
Korea, Republic of |
Electronic Instruments and Controls |
19.9 |
87 |
|
|
Facility |
Suzuka, Mie |
Japan |
Miscellaneous Fabricated Products |
|
2,500 |
|
|
Subsidiary |
Topolcany |
Slovakia |
Personal and Household Products |
|
2,080 |
|
|
Subsidiary |
Tarlac City |
Philippines |
Auto and Truck Parts |
157.7 |
2,000 |
|
|
Subsidiary |
Tarlac, Tarlac |
Philippines |
Real Estate Operations |
|
4,000 |
|
|
Subsidiary |
Pluak Daeng, Rayong |
Thailand |
Miscellaneous Fabricated Products |
|
1,200 |
|
|
Subsidiary |
Pouso Alegre, Minas Gerais |
Brazil |
Auto and Truck Parts |
|
1,111 |
|
|
Branch |
Mateus Leme, Minas Gerais |
Brazil |
Auto and Truck Parts |
|
2,000 |
|
|
Subsidiary |
Leszno |
Poland |
Miscellaneous Fabricated Products |
|
1,000 |
|
|
Subsidiary |
Johor Bahru, Johor Darul Takzim |
Malaysia |
Electronic Instruments and Controls |
80.0 |
750 |
|
|
Subsidiary |
Batam, Riau |
Indonesia |
Auto and Truck Parts |
|
705 |
|
|
Subsidiary |
Ichinoseki, Iwate |
Japan |
Auto and Truck Parts |
160.4 |
694 |
|
|
Subsidiary |
Mor |
Hungary |
Miscellaneous Fabricated Products |
|
504 |
|
|
Subsidiary |
Pampanga |
Philippines |
Auto and Truck Parts |
|
200 |
|
|
Subsidiary |
Ibadan, Oyo |
Nigeria |
Miscellaneous Fabricated Products |
|
118 |
|
|
Subsidiary |
Bowling Green, KY |
United States |
Auto and Truck Parts |
155.0 |
70 |
|
|
Subsidiary |
Epping, VIC |
Australia |
Miscellaneous Fabricated Products |
3.3 |
55 |
|
|
Subsidiary |
Bangkok |
Thailand |
Electronic Instruments and Controls |
|
37 |
|
|
Subsidiary |
Hong Kong, Tsuen Wan |
Hong Kong |
Miscellaneous Fabricated Products |
|
28 |
|
|
Subsidiary |
Matsusaka, Mie |
Japan |
Auto and Truck Parts |
346.6 |
|
|
|
Subsidiary |
Gotemba, Shizuoka |
Japan |
Electronic Instruments and Controls |
188.5 |
|
|
|
Subsidiary |
Purwakarta, Jawa Barat |
Indonesia |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Huizhou, Guangdong |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Facility |
Tsu, Mie |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Casablanca |
Morocco |
Miscellaneous Fabricated Products |
|
5,700 |
|
|
Subsidiary |
Hunedoara |
Romania |
Miscellaneous Fabricated Products |
296.9 |
4,000 |
|
|
Subsidiary |
Huizhou, Guangdong |
China |
Auto and Truck Parts |
|
3,000 |
|
|
Subsidiary |
Gorzów Wielkopolski |
Poland |
Auto and Truck Parts |
|
2,100 |
|
|
Subsidiary |
San Francisco de los Romos, Aguascalientes |
Mexico |
Miscellaneous Fabricated Products |
94.6 |
2,000 |
|
|
Subsidiary |
Acuamanala de Miguel Hidalgo, Tlaxcala |
Mexico |
Miscellaneous Fabricated Products |
65.8 |
2,000 |
|
|
Subsidiary |
Sao Paulo |
Brazil |
Miscellaneous Fabricated Products |
|
2,000 |
|
|
Sumitomo Electric Intellectual Property &
Technology Center, Ltd. |
Subsidiary |
Osaka |
Japan |
Miscellaneous Capital Goods |
|
2,000 |
|
Subsidiary |
Nitra |
Slovakia |
Auto and Truck Parts |
251.1 |
1,522 |
|
|
Joint Venture |
Tokyo |
Japan |
Electronic Instruments and Controls |
879.5 |
1,100 |
|
|
Joint Venture |
Bangkok |
Thailand |
Construction Services |
|
40 |
|
|
Subsidiary |
Zywiec |
Poland |
Miscellaneous Fabricated Products |
|
1,100 |
|
|
Facility |
Zywiec |
Poland |
Auto and Truck Parts |
85.6 |
1,260 |
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Miscellaneous Fabricated Products |
297.9 |
1,000 |
|
|
Unit |
Chigasaki, Kanagawa |
Japan |
Miscellaneous Fabricated Products |
|
1,000 |
|
|
Unit |
Gyoda, Saitama |
Japan |
Miscellaneous Fabricated Products |
|
800 |
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronic Instruments and Controls |
308.3 |
900 |
|
|
Facility |
Yamanashi |
Japan |
Communications Equipment |
|
|
|
|
Subsidiary |
Mor |
Hungary |
Auto and Truck Parts |
|
900 |
|
|
Subsidiary |
Tokyo |
Japan |
Communications Equipment |
|
827 |
|
|
Sumitomo Electric System Solutions Co., Ltd. -
Konohana Works |
Subsidiary |
Osaka |
Japan |
Software and Programming |
|
|
|
Subsidiary |
Johor Bahru |
Malaysia |
Auto and Truck Parts |
|
800 |
|
|
Subsidiary |
Bien Hoa, Dong Nai |
Viet Nam |
Electronic Instruments and Controls |
|
640 |
|
|
Subsidiary |
Tangerang |
Indonesia |
Miscellaneous Fabricated Products |
|
600 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Appliance and Tool |
99.7 |
500 |
|
|
Subsidiary |
Bogor |
Indonesia |
Miscellaneous Fabricated Products |
|
500 |
|
|
Subsidiary |
Iwate |
Japan |
Miscellaneous Fabricated Products |
|
500 |
|
|
Subsidiary |
Mor |
Hungary |
Miscellaneous Fabricated Products |
|
500 |
|
|
Subsidiary |
Osaka |
Japan |
Chemicals - Plastics and Rubber |
161.0 |
480 |
|
|
Subsidiary |
Norderstedt, Schleswig-Holstein |
Germany |
Electronic Instruments and Controls |
|
50 |
|
|
Subsidiary |
Tangerang |
Indonesia |
Miscellaneous Fabricated Products |
167.7 |
459 |
|
|
Subsidiary |
Research Triangle Park, NC |
United States |
Miscellaneous Fabricated Products |
90.0 |
450 |
|
|
Subsidiary |
Imizu, Toyama |
Japan |
Miscellaneous Fabricated Products |
|
400 |
|
|
Subsidiary |
Osaka |
Japan |
Electronic Instruments and Controls |
|
370 |
|
|
Joint Venture |
Hangzhou |
China |
Construction Services |
67.5 |
359 |
|
|
Subsidiary |
Hai Duong |
Viet Nam |
Auto and Truck Parts |
|
350 |
|
|
Subsidiary |
Shah Alam, Darul Ehsan |
Malaysia |
Construction and Agriculture Machinery |
|
330 |
|
|
Subsidiary |
Turners Falls, MA |
United States |
Miscellaneous Fabricated Products |
587.8 |
300 |
|
|
Subsidiary |
Utsunomiya, Tochigi |
Japan |
Miscellaneous Fabricated Products |
121.8 |
300 |
|
|
Subsidiary |
Utsunomiya, Tochigi |
Japan |
Construction - Supplies and Fixtures |
|
300 |
|
|
Subsidiary |
Daegu |
Korea, Republic of |
Construction and Agriculture Machinery |
69.2 |
290 |
|
|
Subsidiary |
Changwon, Kyongsangnam-Do |
Korea, Republic of |
Miscellaneous Fabricated Products |
35.2 |
146 |
|
|
Subsidiary |
Samut Prakan |
Thailand |
Miscellaneous Fabricated Products |
|
270 |
|
|
Subsidiary |
Shah Alam, Darul Ehsan |
Malaysia |
Miscellaneous Fabricated Products |
|
270 |
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Semiconductors |
|
260 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
262.8 |
216 |
|
|
Branch |
Praha 2 |
Czech Republic |
Miscellaneous Financial Services |
54.0 |
17 |
|
|
Branch |
Oslo, Oslo |
Norway |
Miscellaneous Financial Services |
212.1 |
12 |
|
|
Branch |
Krakow |
Poland |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Tarlac |
Philippines |
Auto and Truck Parts |
|
200 |
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Miscellaneous Fabricated Products |
|
200 |
|
|
Subsidiary |
Hsin-chu |
Taiwan |
Business Services |
|
200 |
|
|
Subsidiary |
Hsien, Hsinchu |
Taiwan |
Electronic Instruments and Controls |
|
190 |
|
|
Subsidiary |
Neyagawa, Osaka |
Japan |
Miscellaneous Fabricated Products |
91.4 |
|
|
|
Facility |
Osaka |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Facility |
Maebashi, Gunma |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Shah Alam, Selangor Durul Ehsan |
Malaysia |
Electronic Instruments and Controls |
63.0 |
180 |
|
|
Subsidiary |
El Paso, TX |
United States |
Miscellaneous Fabricated Products |
|
150 |
|
|
Subsidiary |
Yokkaichi, Mie |
Japan |
Business Services |
10.0 |
142 |
|
|
Subsidiary |
Otawara, Tochigi |
Japan |
Miscellaneous Fabricated Products |
36.5 |
141 |
|
|
Subsidiary |
Calamba, Laguna |
Philippines |
Electronic Instruments and Controls |
|
160 |
|
|
Facility |
Ichinoseki, Iwate |
Japan |
Electronic Instruments and Controls |
|
50 |
|
|
Subsidiary |
Khlong Luang, Pathumthani |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
Facility |
Otawara, Tochigi |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Facility |
Minami-Uonuma, Niigata |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Sumitomo Electric Hardmetal Manufacturing
(Changzhou) Co., Ltd. |
Subsidiary |
Changzhou |
China |
Miscellaneous Capital Goods |
|
120 |
|
Subsidiary |
Leszno |
Poland |
Miscellaneous Fabricated Products |
63.5 |
100 |
|
|
Subsidiary |
Lauchheim, Baden-Württemberg |
Germany |
Appliance and Tool |
20.6 |
100 |
|
|
Subsidiary |
Shah Alam, Selangor Darul Ehsa |
Malaysia |
Electronic Instruments and Controls |
18.9 |
100 |
|
|
Subsidiary |
San Jose, CA |
United States |
Computer Hardware |
14.0 |
100 |
|
|
Branch |
Durham, NC |
United States |
Miscellaneous Capital Goods |
2.5 |
8 |
|
|
Subsidiary |
Kisber |
Hungary |
Auto and Truck Parts |
|
100 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
1.0 |
90 |
|
|
Subsidiary |
Bang Pakong, Chachoensao |
Thailand |
Miscellaneous Capital Goods |
|
600 |
|
|
Facility |
Nakhon Ratchasima |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Sakata, Yamagata |
Japan |
Electronic Instruments and Controls |
|
590 |
|
|
Division |
Sakata, Yamagata |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Division |
Sakata, Yamagata |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Division |
Sakata, Yamagata |
Japan |
Auto and Truck Parts |
|
|
|
|
Division |
Toyama |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Division |
Itami, Hyogo |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Toyama, Toyama |
Japan |
Metal Mining |
111.8 |
104 |
|
|
Subsidiary |
Sumoto, Hyogo |
Japan |
Miscellaneous Capital Goods |
29.8 |
77 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
30 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
15 |
|
|
Subsidiary |
Kato, Hokkaido |
Japan |
Miscellaneous Capital Goods |
91.2 |
|
|
|
Subsidiary |
Beijing, Haidan |
China |
Miscellaneous Fabricated Products |
|
90 |
|
|
Subsidiary |
New Berlin, WI |
United States |
Miscellaneous Capital Goods |
11.6 |
83 |
|
|
Subsidiary |
Mount Prospect, IL |
United States |
Miscellaneous Capital Goods |
5.0 |
65 |
|
|
Branch |
Edmonton, KY |
United States |
Miscellaneous Capital Goods |
204.3 |
550 |
|
|
Branch |
Marysville, OH |
United States |
Miscellaneous Capital Goods |
30.0 |
100 |
|
|
Branch |
San Marcos, CA |
United States |
Miscellaneous Capital Goods |
20.9 |
80 |
|
|
Subsidiary |
Grand River, OH |
United States |
Miscellaneous Capital Goods |
12.0 |
50 |
|
|
Branch |
League City, TX |
United States |
Miscellaneous Capital Goods |
23.0 |
45 |
|
|
Branch |
Scottsville, KY |
United States |
Miscellaneous Capital Goods |
16.7 |
45 |
|
|
Branch |
Leeds, AL |
United States |
Miscellaneous Capital Goods |
14.4 |
45 |
|
|
Branch |
Hillsboro, OR |
United States |
Miscellaneous Capital Goods |
12.6 |
45 |
|
|
Branch |
Torrance, CA |
United States |
Miscellaneous Capital Goods |
11.8 |
45 |
|
|
Branch |
Ashland, VA |
United States |
Miscellaneous Capital Goods |
11.6 |
45 |
|
|
Branch |
New York, NY |
United States |
Miscellaneous Capital Goods |
10.6 |
45 |
|
|
Branch |
Staten Island, NY |
United States |
Miscellaneous Capital Goods |
10.6 |
45 |
|
|
Branch |
White Plains, NY |
United States |
Miscellaneous Capital Goods |
10.6 |
45 |
|
|
Branch |
Lexington, KY |
United States |
Miscellaneous Capital Goods |
11.1 |
30 |
|
|
Branch |
Torrance, CA |
United States |
Miscellaneous Capital Goods |
4.7 |
18 |
|
|
Branch |
Plymouth, MI |
United States |
Miscellaneous Capital Goods |
14.0 |
10 |
|
|
Branch |
Blue Ash, OH |
United States |
Miscellaneous Capital Goods |
2.1 |
7 |
|
|
Subsidiary |
Henderson, KY |
United States |
Miscellaneous Capital Goods |
1.5 |
4 |
|
|
Branch |
Torrance, CA |
United States |
Consumer Financial Services |
|
3 |
|
|
Branch |
Huntsville, AL |
United States |
Miscellaneous Capital Goods |
0.6 |
2 |
|
|
Branch |
Tampa, FL |
United States |
Miscellaneous Capital Goods |
0.2 |
1 |
|
|
Subsidiary |
Osaka |
Japan |
Auto and Truck Parts |
75.0 |
50 |
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Miscellaneous Capital Goods |
51.1 |
50 |
|
|
Subsidiary |
Taipei |
Taiwan |
Miscellaneous Fabricated Products |
|
50 |
|
|
Subsidiary |
Hsin-chu |
Taiwan |
Semiconductors |
|
50 |
|
|
Subsidiary |
Somerton, VIC |
Australia |
Auto and Truck Parts |
|
50 |
|
|
Sumitomo Electric Communications Engineering
(Thailand), Ltd. |
Subsidiary |
Bangkok, Phatumwan |
Thailand |
Construction Services |
|
50 |
|
Sumitomo Electric Inter Connect Products (Singapore)
Pte Ltd |
Subsidiary |
Singapore |
Singapore |
Auto and Truck Parts |
138.2 |
48 |
|
Subsidiary |
Novi, MI |
United States |
Electronic Instruments and Controls |
3.4 |
44 |
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronic Instruments and Controls |
1.0 |
40 |
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Fabricated Products |
23.2 |
36 |
|
|
Subsidiary |
Shanghai |
China |
Auto and Truck Parts |
|
34 |
|
|
Subsidiary |
Swansea |
United Kingdom |
Miscellaneous Fabricated Products |
50.5 |
33 |
|
|
Subsidiary |
Broadstairs |
United Kingdom |
Miscellaneous Fabricated Products |
|
40 |
|
|
Subsidiary |
Stockton, CA |
United States |
Construction - Supplies and Fixtures |
0.5 |
33 |
|
|
Division |
Dickson, TN |
United States |
Construction - Supplies and Fixtures |
26.5 |
65 |
|
|
Subsidiary |
Taoyuan, Hsien |
Taiwan |
Construction Services |
|
30 |
|
|
Subsidiary |
Wanchai |
Hong Kong |
Miscellaneous Fabricated Products |
|
25 |
|
|
Subsidiary |
Leszno |
Poland |
Electronic Instruments and Controls |
2.5 |
22 |
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Fabricated Products |
|
20 |
|
|
Subsidiary |
Mainz-Kastel |
Germany |
Computer Networks |
|
20 |
|
|
Subsidiary |
Princes Risborough |
United Kingdom |
Miscellaneous Fabricated Products |
7.6 |
19 |
|
|
Subsidiary |
San Diego, CA |
United States |
Electronic Instruments and Controls |
13.4 |
15 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Fabricated Products |
1.0 |
15 |
|
|
Affiliates |
South Penrith , NSW |
Australia |
Miscellaneous Capital Goods |
|
15 |
|
|
Subsidiary |
Singapore |
Singapore |
Auto and Truck Parts |
239.8 |
13 |
|
|
Subsidiary |
Osaka |
Japan |
Miscellaneous Fabricated Products |
277.4 |
11 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronic Instruments and Controls |
|
8 |
|
|
Subsidiary |
San Marcos, CA |
United States |
Fabricated Plastic and Rubber |
|
7 |
|
|
Subsidiary |
San Jose, CA |
United States |
Business Services |
|
7 |
|
|
Subsidiary |
New York, NY |
United States |
Business Services |
|
6 |
|
|
Subsidiary |
Jurong |
Singapore |
Appliance and Tool |
|
6 |
|
|
Subsidiary |
Edmonton, KY |
United States |
Construction Services |
16.7 |
5 |
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Electronic Instruments and Controls |
|
4 |
|
|
Subsidiary |
Koka, Shiga |
Japan |
Miscellaneous Fabricated Products |
588.8 |
|
|
|
Subsidiary |
Takahashi, Okayama |
Japan |
Construction - Supplies and Fixtures |
322.2 |
|
|
|
Subsidiary |
Osaka |
Japan |
Software and Programming |
172.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction and Agriculture Machinery |
109.6 |
|
|
|
Subsidiary |
Yokohama |
Japan |
Communications Equipment |
65.6 |
|
|
|
Subsidiary |
Osaka |
Japan |
Business Services |
24.4 |
|
|
|
Affiliates |
Chengdu |
China |
Personal and Household Products |
1.0 |
|
|
|
Subsidiary |
Zhongshan, Guangdong |
China |
Miscellaneous Fabricated Products |
1.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
|
|
|
Subsidiary |
Noida |
India |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Gotemba, Shizuoka |
Japan |
Chemicals - Plastics and Rubber |
|
|
|
|
Subsidiary |
Bangkok, Pathumwan |
Thailand |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Investment Services |
|
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Pontyclun |
United Kingdom |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Yokkaichi, Mie |
Japan |
Construction Services |
|
|
|
|
Subsidiary |
Yokkaichi, Mie |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Engineering Consultants |
|
|
|
|
Subsidiary |
Pluak Daeng, Rayong |
Thailand |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Torreon, Coah |
Mexico |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Tarlac |
Philippines |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Shanghai |
China |
Communications Equipment |
|
|
|
|
Subsidiary |
Edmonton, KY |
United States |
Metal Mining |
|
|
|
|
Subsidiary |
Yawata, Kyoto |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Seongnam, Kyounggi-do |
Korea, Republic of |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Unit |
Itami, Hyogo |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Unit |
Yokohama |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Matsusaka, Mie |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Jian, Jiangxi |
China |
Auto and Truck Parts |
|
|
|
|
Subsidiary |
Kanuma, Tochigi |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Chengdu, Sichuan |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Torrance, CA |
United States |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Bolton, ON |
Canada |
Business Services |
|
|
|
|
Subsidiary |
Bac Ninh |
Viet Nam |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Hai Duong |
Viet Nam |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Durban, Kwazulu-Natal |
South Africa |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Newcastle Under Lyme, |
United Kingdom |
Auto and Truck Parts |
781.4 |
16,625 |
|
|
Sumitomo Electric Wiring Systems (Europe) Pensions
Trust Ltd. |
Subsidiary |
Altrincham |
United Kingdom |
Investment Services |
|
|
|
Subsidiary |
Kyoto-Shi |
Japan |
Electronic Instruments and Controls |
1,270.8 |
4,989 |
|
|
Subsidiary |
Khlong Luang, Pathumthani |
Thailand |
Electronic Instruments and Controls |
|
455 |
|
|
Subsidiary |
Kyoto |
Japan |
Auto and Truck Parts |
|
200 |
|
|
Subsidiary |
Kyoto |
Japan |
Software and Programming |
|
187 |
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Electronic Instruments and Controls |
50.7 |
96 |
|
|
Subsidiary |
Kuanyin Hsiang, Taoyuan |
Taiwan |
Miscellaneous Fabricated Products |
|
73 |
|
|
Subsidiary |
Methuen, MA |
United States |
Electronic Instruments and Controls |
11.6 |
5 |
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Miscellaneous Capital Goods |
257.6 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Semiconductors |
1.3 |
2 |
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Scientific and Technical Instruments |
53.2 |
|
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Personal Services |
18.9 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Hsin-chu |
Taiwan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Osaka-Shi |
Japan |
Construction Services |
1,673.0 |
2,713 |
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Construction Services |
117.3 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Software and Programming |
24.4 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Construction Services |
16.1 |
|
|
|
Subsidiary |
Cabuyao, Laguna |
Philippines |
Electronic Instruments and Controls |
|
1,300 |
|
|
Subsidiary |
Wolfsburg, Niedersachsen |
Germany |
Auto and Truck Parts |
619.0 |
495 |
|
|
Subsidiary |
Arad |
Romania |
Auto and Truck Parts |
32.9 |
2,436 |
|
|
Subsidiary |
Baykivtsi Vil |
Ukraine |
Auto and Truck Parts |
27.5 |
|
|
|
Subsidiary |
Utsunomiya, Tochigi |
Japan |
Construction - Supplies and Fixtures |
176.6 |
300 |
|
|
Sei Interconnect Products (Hungary) Gyarto Korlatolt
Felelossegu Tarsasag |
Subsidiary |
Alattyan |
Hungary |
Miscellaneous Fabricated Products |
12.8 |
244 |
|
Subsidiary |
Collegno, Torino |
Italy |
Auto and Truck Parts |
324.9 |
200 |
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Miscellaneous Fabricated Products |
22.0 |
200 |
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Textiles - Non Apparel |
1.0 |
200 |
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Miscellaneous Fabricated Products |
1.0 |
150 |
|
|
Subsidiary |
Tangerang, West Java |
Indonesia |
Miscellaneous Fabricated Products |
|
138 |
|
|
Subsidiary |
Oberseifersdorf, Sachsen |
Germany |
Miscellaneous Fabricated Products |
15.4 |
120 |
|
|
Subsidiary |
Imizu, Toyama |
Japan |
Fabricated Plastic and Rubber |
15.2 |
95 |
|
|
Subsidiary |
Willich, Nordrhein-Westfalen |
Germany |
Appliance and Tool |
87.3 |
50 |
|
|
Subsidiary |
Borehamwood |
United Kingdom |
Miscellaneous Capital Goods |
127.0 |
44 |
|
|
Subsidiary |
Mainz-Kastel, Hessen |
Germany |
Electronic Instruments and Controls |
|
17 |
|
|
Subsidiary |
Mount Waverley , VIC |
Australia |
Miscellaneous Capital Goods |
5.0 |
14 |
|
|
Subsidiary |
Borehamwood |
United Kingdom |
Commercial Banks |
1.6 |
4 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
906.6 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Electronic Instruments and Controls |
616.9 |
|
|
|
Subsidiary |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Electronic Instruments and Controls |
128.7 |
20 |
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Engineering Consultants |
564.9 |
|
|
|
Subsidiary |
Sorachi-Gun, Hokkaido |
Japan |
Iron and Steel |
216.5 |
305 |
|
|
Subsidiary |
Kishima-Gun, Saga |
Japan |
Miscellaneous Capital Goods |
62.1 |
228 |
|
|
Subsidiary |
Mie-Gun, Mie |
Japan |
Miscellaneous Capital Goods |
43.9 |
120 |
|
|
Subsidiary |
Ono, Hyogo |
Japan |
Metal Mining |
149.5 |
102 |
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Miscellaneous Capital Goods |
347.7 |
|
|
|
Subsidiary |
Koka, Shiga |
Japan |
Electronic Instruments and Controls |
344.2 |
|
|
|
Subsidiary |
Kanuma, Tochigi |
Japan |
Miscellaneous Fabricated Products |
317.5 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Electronic Instruments and Controls |
309.6 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Construction Services |
187.7 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Miscellaneous Capital Goods |
151.5 |
|
|
|
Subsidiary |
Hirakata, Osaka |
Japan |
Construction - Supplies and Fixtures |
45.3 |
|
|
|
Subsidiary |
Sorachi-Gun, Hokkaido |
Japan |
Electronic Instruments and Controls |
44.2 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Fabricated Plastic and Rubber |
24.2 |
|
Executives
Report
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
Financials in:
USD (mil) |
|
|
Except for share
items (millions) and per share items (actual units) |
|
|
|
|
|
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate (Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
26,080.4 |
23,734.3 |
19,758.2 |
21,117.5 |
22,229.3 |
|
Revenue |
26,080.4 |
23,734.3 |
19,758.2 |
21,117.5 |
22,229.3 |
|
Total Revenue |
26,080.4 |
23,734.3 |
19,758.2 |
21,117.5 |
22,229.3 |
|
|
|
|
|
|
|
|
Cost of Revenue |
21,382.3 |
19,333.9 |
16,318.8 |
18,057.0 |
18,433.9 |
|
Cost of Revenue, Total |
21,382.3 |
19,333.9 |
16,318.8 |
18,057.0 |
18,433.9 |
|
Gross Profit |
4,698.2 |
4,400.4 |
3,439.4 |
3,060.5 |
3,795.3 |
|
|
|
|
|
|
|
|
Selling/General/Administrative
Expense |
1,644.1 |
1,501.6 |
1,348.5 |
1,358.6 |
1,294.9 |
|
Labor & Related
Expense |
1,331.9 |
1,210.2 |
1,117.7 |
1,069.0 |
887.2 |
|
Total Selling/General/Administrative
Expenses |
2,976.0 |
2,711.8 |
2,466.1 |
2,427.6 |
2,182.1 |
|
Research & Development |
621.1 |
477.2 |
416.7 |
398.7 |
350.5 |
|
Restructuring
Charge |
- |
0.0 |
62.2 |
64.3 |
0.0 |
|
Impairment-Assets
Held for Use |
27.7 |
157.8 |
85.7 |
122.9 |
124.1 |
|
Impairment-Assets
Held for Sale |
27.4 |
15.0 |
13.3 |
90.2 |
4.8 |
|
Other Unusual
Expense (Income) |
119.7 |
103.2 |
72.8 |
-310.8 |
-8.1 |
|
Unusual Expense (Income) |
174.8 |
276.1 |
234.0 |
-33.4 |
120.8 |
|
Total Operating Expense |
25,154.1 |
22,798.9 |
19,435.6 |
20,850.0 |
21,087.4 |
|
|
|
|
|
|
|
|
Operating Income |
926.3 |
935.4 |
322.6 |
267.5 |
1,141.8 |
|
|
|
|
|
|
|
|
Interest
Expense - Non-Operating |
-68.1 |
-60.6 |
-66.6 |
-82.5 |
-86.2 |
|
Interest Expense,
Net Non-Operating |
-68.1 |
-60.6 |
-66.6 |
-82.5 |
-86.2 |
|
Interest
Income - Non-Operating |
13.6 |
7.7 |
9.0 |
13.9 |
17.0 |
|
Investment
Income - Non-Operating |
385.8 |
414.5 |
255.9 |
190.7 |
227.5 |
|
Interest/Investment
Income - Non-Operating |
399.4 |
422.3 |
264.9 |
204.6 |
244.5 |
|
Interest Income (Expense) - Net
Non-Operating Total |
331.3 |
361.7 |
198.4 |
122.1 |
158.3 |
|
Gain (Loss) on Sale of Assets |
3.3 |
4.3 |
19.6 |
0.0 |
87.3 |
|
Other Non-Operating
Income (Expense) |
4.9 |
26.4 |
55.8 |
19.7 |
70.2 |
|
Other, Net |
4.9 |
26.4 |
55.8 |
19.7 |
70.2 |
|
Income Before Tax |
1,265.7 |
1,327.8 |
596.3 |
409.3 |
1,457.6 |
|
|
|
|
|
|
|
|
Total Income Tax |
385.1 |
363.6 |
182.1 |
183.8 |
515.0 |
|
Income After Tax |
880.6 |
964.2 |
414.3 |
225.4 |
942.7 |
|
|
|
|
|
|
|
|
Minority Interest |
-135.1 |
-140.1 |
-105.4 |
-53.9 |
-174.5 |
|
Net Income Before Extraord Items |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
Net Income |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord
Items |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord
Items |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
793.2 |
793.2 |
793.2 |
791.4 |
778.8 |
|
Basic EPS Excl Extraord Items |
0.94 |
1.04 |
0.39 |
0.22 |
0.99 |
|
Basic/Primary EPS Incl Extraord Items |
0.94 |
1.04 |
0.39 |
0.22 |
0.99 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.3 |
0.6 |
|
Diluted Net Income |
745.4 |
824.0 |
308.9 |
171.8 |
768.8 |
|
Diluted Weighted Average Shares |
793.3 |
793.2 |
793.2 |
809.9 |
815.8 |
|
Diluted EPS Excl Extraord Items |
0.94 |
1.04 |
0.39 |
0.21 |
0.94 |
|
Diluted EPS Incl Extraord Items |
0.94 |
1.04 |
0.39 |
0.21 |
0.94 |
|
Dividends per Share - Common Stock Primary
Issue |
0.24 |
0.22 |
0.17 |
0.18 |
0.17 |
|
Gross Dividends - Common Stock |
190.9 |
175.9 |
136.6 |
142.1 |
138.0 |
|
Interest Expense, Supplemental |
68.1 |
60.6 |
66.6 |
82.5 |
86.2 |
|
Depreciation, Supplemental |
970.8 |
1,131.6 |
1,115.9 |
1,073.2 |
933.3 |
|
Total Special Items |
194.3 |
287.9 |
235.4 |
-7.4 |
58.9 |
|
Normalized Income Before Tax |
1,460.0 |
1,615.7 |
831.7 |
401.9 |
1,516.6 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
52.2 |
74.4 |
65.4 |
-15.0 |
11.8 |
|
Inc Tax Ex Impact of Sp Items |
437.3 |
438.0 |
247.5 |
168.8 |
526.8 |
|
Normalized Income After Tax |
1,022.7 |
1,177.7 |
584.2 |
233.1 |
989.8 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
887.6 |
1,037.5 |
478.8 |
179.2 |
815.3 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.12 |
1.31 |
0.60 |
0.23 |
1.05 |
|
Diluted Normalized EPS |
1.12 |
1.31 |
0.60 |
0.22 |
1.00 |
|
Amort of Acquisition Costs, Supplemental |
22.8 |
16.1 |
21.0 |
26.0 |
25.4 |
|
Research & Development Exp,
Supplemental |
1,096.5 |
922.2 |
777.5 |
726.4 |
632.3 |
|
Reported Operating Profit |
1,101.1 |
1,211.4 |
556.6 |
234.1 |
1,303.5 |
|
Reported Ordinary Profit |
1,351.2 |
1,506.6 |
733.9 |
375.9 |
1,484.2 |
|
Normalized EBIT |
1,101.1 |
1,211.4 |
556.6 |
234.1 |
1,262.7 |
|
Normalized EBITDA |
2,094.7 |
2,359.2 |
1,693.5 |
1,333.3 |
2,221.4 |
|
Current Tax - Total |
372.4 |
- |
- |
- |
- |
|
Current Tax - Total |
372.4 |
- |
- |
- |
- |
|
Deferred Tax -
Total |
12.7 |
- |
- |
- |
- |
|
Deferred Tax - Total |
12.7 |
- |
- |
- |
- |
|
Income Tax - Total |
385.1 |
- |
- |
- |
- |
|
Interest Cost - Domestic |
76.3 |
71.8 |
67.6 |
61.0 |
54.3 |
|
Service Cost - Domestic |
115.4 |
109.8 |
107.3 |
91.4 |
79.9 |
|
Prior Service Cost - Domestic |
7.8 |
-1.7 |
-2.1 |
-6.5 |
-7.9 |
|
Expected Return on Assets - Domestic |
-36.1 |
-32.7 |
-29.0 |
-29.7 |
-28.2 |
|
Actuarial Gains and Losses - Domestic |
96.1 |
88.5 |
103.7 |
79.5 |
1.4 |
|
Other Pension, Net - Domestic |
- |
29.6 |
25.6 |
5.0 |
3.7 |
|
Domestic Pension Plan Expense |
259.5 |
265.2 |
273.2 |
200.8 |
103.3 |
|
Defined Contribution Expense - Domestic |
- |
- |
20.2 |
18.3 |
15.6 |
|
Total Pension Expense |
259.5 |
265.2 |
293.3 |
219.0 |
118.9 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
Total Plan Interest Cost |
76.3 |
71.8 |
67.6 |
61.0 |
54.3 |
|
Total Plan Service Cost |
115.4 |
109.8 |
107.3 |
91.4 |
79.9 |
|
Total Plan Expected Return |
-36.1 |
-32.7 |
-29.0 |
-29.7 |
-28.2 |
|
Total Plan Other Expense |
- |
29.6 |
25.6 |
5.0 |
3.7 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash &
Equivalents |
1,610.2 |
1,716.8 |
1,539.5 |
1,328.7 |
1,385.9 |
|
Short Term
Investments |
149.2 |
651.5 |
342.5 |
136.7 |
150.7 |
|
Cash and Short Term Investments |
1,759.4 |
2,368.2 |
1,882.0 |
1,465.4 |
1,536.6 |
|
Accounts
Receivable - Trade, Gross |
6,079.4 |
5,130.2 |
4,729.2 |
3,759.3 |
5,832.0 |
|
Provision
for Doubtful Accounts |
-22.2 |
-26.5 |
-31.1 |
-32.4 |
-29.4 |
|
Trade Accounts
Receivable - Net |
6,057.2 |
5,103.7 |
4,698.1 |
3,726.9 |
5,802.6 |
|
Total Receivables, Net |
6,057.2 |
5,103.7 |
4,698.1 |
3,726.9 |
5,802.6 |
|
Inventories -
Finished Goods |
1,059.1 |
987.3 |
783.3 |
734.1 |
- |
|
Inventories - Work
In Progress |
1,491.7 |
1,425.5 |
1,089.5 |
1,086.4 |
- |
|
Inventories - Raw
Materials |
1,213.0 |
1,044.2 |
821.2 |
893.7 |
- |
|
Total Inventory |
3,763.8 |
3,457.0 |
2,694.0 |
2,714.2 |
3,134.4 |
|
Deferred Income Tax
- Current Asset |
372.4 |
397.9 |
339.8 |
285.1 |
358.7 |
|
Other Current
Assets |
760.9 |
603.4 |
659.5 |
604.7 |
558.9 |
|
Other Current Assets, Total |
1,133.4 |
1,001.4 |
999.4 |
889.8 |
917.5 |
|
Total Current Assets |
12,713.8 |
11,930.3 |
10,273.4 |
8,796.3 |
11,391.1 |
|
|
|
|
|
|
|
|
Buildings |
5,867.3 |
5,543.7 |
5,141.1 |
4,524.9 |
4,433.5 |
|
Land/Improvements |
962.1 |
911.3 |
884.2 |
814.0 |
836.2 |
|
Machinery/Equipment |
13,739.5 |
13,004.2 |
11,735.1 |
10,793.9 |
11,028.4 |
|
Construction
in Progress |
390.2 |
198.1 |
169.8 |
269.8 |
194.7 |
|
Other
Property/Plant/Equipment |
24.9 |
26.2 |
14.3 |
7.2 |
0.0 |
|
Property/Plant/Equipment
- Gross |
20,983.9 |
19,683.4 |
17,944.6 |
16,410.0 |
16,492.8 |
|
Accumulated
Depreciation |
-14,384.3 |
-13,870.5 |
-12,329.7 |
-10,929.4 |
-10,762.3 |
|
Property/Plant/Equipment - Net |
6,599.7 |
5,812.9 |
5,614.9 |
5,480.6 |
5,730.5 |
|
Goodwill, Net |
26.7 |
41.2 |
60.3 |
66.3 |
128.9 |
|
Intangibles, Net |
304.1 |
265.8 |
254.0 |
237.4 |
229.2 |
|
LT Investment -
Affiliate Companies |
2,451.6 |
2,252.4 |
1,670.1 |
- |
- |
|
LT Investments -
Other |
1,876.2 |
2,121.1 |
1,730.3 |
3,224.1 |
3,987.1 |
|
Long Term Investments |
4,327.8 |
4,373.5 |
3,400.4 |
3,224.1 |
3,987.1 |
|
Deferred Income Tax
- Long Term Asset |
205.6 |
214.1 |
247.6 |
268.4 |
173.4 |
|
Other Long Term
Assets |
973.2 |
966.0 |
910.6 |
841.4 |
411.1 |
|
Other Long Term Assets, Total |
1,178.8 |
1,180.1 |
1,158.2 |
1,109.7 |
584.5 |
|
Total Assets |
25,150.9 |
23,603.8 |
20,761.3 |
18,914.4 |
22,051.4 |
|
|
|
|
|
|
|
|
Accounts Payable |
3,842.7 |
3,065.5 |
2,786.7 |
2,183.8 |
3,443.2 |
|
Accrued Expenses |
10.5 |
10.0 |
9.0 |
8.0 |
859.2 |
|
Notes Payable/Short Term Debt |
1,700.1 |
893.1 |
1,005.3 |
1,815.3 |
1,336.6 |
|
Current Portion - Long Term Debt/Capital
Leases |
242.8 |
516.9 |
537.6 |
381.5 |
881.3 |
|
Income Taxes
Payable |
205.0 |
220.5 |
180.7 |
95.4 |
235.3 |
|
Deferred Income Tax
- Current Liability |
- |
- |
- |
0.0 |
2.0 |
|
Other Current
Liabilities |
1,717.2 |
1,700.4 |
1,451.1 |
1,137.4 |
744.5 |
|
Other Current liabilities, Total |
1,922.3 |
1,920.9 |
1,631.8 |
1,232.7 |
981.8 |
|
Total Current Liabilities |
7,718.3 |
6,406.3 |
5,970.3 |
5,621.4 |
7,502.2 |
|
|
|
|
|
|
|
|
Long Term Debt |
2,457.5 |
2,697.8 |
2,251.0 |
2,008.8 |
1,956.2 |
|
Total Long Term Debt |
2,457.5 |
2,697.8 |
2,251.0 |
2,008.8 |
1,956.2 |
|
Total Debt |
4,400.3 |
4,107.7 |
3,794.0 |
4,205.6 |
4,174.1 |
|
|
|
|
|
|
|
|
Deferred Income Tax
- LT Liability |
606.1 |
776.7 |
654.7 |
580.1 |
805.9 |
|
Deferred Income Tax |
606.1 |
776.7 |
654.7 |
580.1 |
805.9 |
|
Minority Interest |
1,831.9 |
1,732.0 |
1,716.5 |
1,538.5 |
1,614.3 |
|
Pension Benefits -
Underfunded |
383.8 |
366.6 |
350.1 |
289.2 |
272.4 |
|
Other Long Term
Liabilities |
160.8 |
173.6 |
141.9 |
147.9 |
179.6 |
|
Other Liabilities, Total |
544.6 |
540.1 |
492.1 |
437.0 |
452.0 |
|
Total Liabilities |
13,158.4 |
12,152.8 |
11,084.7 |
10,185.8 |
12,330.6 |
|
|
|
|
|
|
|
|
Common Stock |
1,210.6 |
1,203.4 |
1,067.4 |
1,009.8 |
973.7 |
|
Common Stock |
1,210.6 |
1,203.4 |
1,067.4 |
1,009.8 |
973.7 |
|
Additional Paid-In Capital |
2,076.0 |
2,063.7 |
1,830.5 |
1,731.9 |
1,690.1 |
|
Retained Earnings (Accumulated Deficit) |
8,996.6 |
8,407.0 |
6,822.3 |
6,299.3 |
6,197.2 |
|
Treasury Stock - Common |
-7.8 |
-7.7 |
-6.6 |
-6.2 |
-6.0 |
|
Unrealized Gain (Loss) |
693.3 |
737.8 |
523.7 |
308.5 |
690.7 |
|
Translation
Adjustment |
-976.1 |
-953.1 |
-560.6 |
-614.7 |
175.2 |
|
Other Equity, Total |
-976.1 |
-953.1 |
-560.6 |
-614.7 |
175.2 |
|
Total Equity |
11,992.5 |
11,451.0 |
9,676.6 |
8,728.6 |
9,720.8 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’
Equity |
25,150.9 |
23,603.8 |
20,761.3 |
18,914.4 |
22,051.4 |
|
|
|
|
|
|
|
|
Shares Outstanding
- Common Stock Primary Issue |
793.2 |
793.2 |
793.2 |
793.2 |
788.8 |
|
Total Common Shares Outstanding |
793.2 |
793.2 |
793.2 |
793.2 |
788.8 |
|
Treasury Shares - Common Stock Primary
Issue |
0.7 |
0.7 |
0.7 |
0.7 |
0.7 |
|
Employees |
194,734 |
182,773 |
157,203 |
152,547 |
153,725 |
|
Number of Common Shareholders |
69,822 |
75,460 |
73,997 |
66,336 |
60,829 |
|
Total Long Term Debt, Supplemental |
3,035.6 |
3,214.6 |
2,788.6 |
2,390.3 |
2,837.5 |
|
Long Term Debt Maturing within 1 Year |
578.1 |
516.9 |
537.6 |
381.5 |
881.3 |
|
Long Term Debt Maturing in Year 2 |
485.7 |
569.7 |
459.8 |
569.8 |
387.3 |
|
Long Term Debt Maturing in Year 3 |
946.7 |
455.9 |
499.4 |
430.5 |
562.2 |
|
Long Term Debt Maturing in Year 4 |
390.2 |
917.6 |
391.4 |
276.7 |
425.2 |
|
Long Term Debt Maturing in Year 5 |
270.7 |
123.5 |
447.7 |
381.1 |
230.2 |
|
Long Term Debt Maturing in 2-3 Years |
1,432.5 |
1,025.6 |
959.2 |
1,000.3 |
949.5 |
|
Long Term Debt Maturing in 4-5 Years |
660.8 |
1,041.1 |
839.1 |
657.8 |
655.4 |
|
Long Term Debt Matur. in Year 6 &
Beyond |
364.1 |
631.0 |
452.8 |
350.7 |
351.3 |
|
Total Capital Leases, Supplemental |
17.9 |
17.8 |
11.5 |
7.8 |
- |
|
Capital Lease Payments Due in Year 1 |
6.4 |
6.3 |
5.0 |
3.1 |
- |
|
Capital Lease Payments Due in Year 2 |
4.0 |
4.2 |
3.0 |
3.6 |
- |
|
Capital Lease Payments Due in Year 3 |
3.2 |
3.1 |
2.1 |
0.8 |
- |
|
Capital Lease Payments Due in Year 4 |
3.0 |
2.3 |
1.1 |
0.3 |
- |
|
Capital Lease Payments Due in Year 5 |
1.1 |
1.8 |
0.3 |
0.1 |
- |
|
Capital Lease Payments Due in 2-3 Years |
7.2 |
7.2 |
5.1 |
4.4 |
- |
|
Capital Lease Payments Due in 4-5 Years |
4.1 |
4.0 |
1.5 |
0.4 |
- |
|
Cap. Lease Pymts. Due in Year 6 &
Beyond |
0.1 |
0.2 |
- |
- |
- |
|
Pension Obligation - Domestic |
3,062.4 |
3,026.0 |
2,795.9 |
2,539.3 |
2,627.4 |
|
Plan Assets - Domestic |
2,702.8 |
2,636.2 |
2,509.6 |
1,981.4 |
2,154.2 |
|
Funded Status - Domestic |
-359.6 |
-389.8 |
-286.3 |
-557.9 |
-473.2 |
|
Total Funded Status |
-359.6 |
-389.8 |
-286.3 |
-557.9 |
-473.2 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
Prepaid Benefits - Domestic |
773.5 |
772.6 |
686.1 |
662.6 |
261.4 |
|
Accrued Liabilities - Domestic |
-365.4 |
-348.5 |
-332.5 |
-270.6 |
-254.9 |
|
Other Assets, Net - Domestic |
767.8 |
813.9 |
639.9 |
949.9 |
479.6 |
|
Net Assets Recognized on Balance Sheet |
1,175.9 |
1,237.9 |
993.5 |
1,341.9 |
486.1 |
|
Total Plan Obligations |
3,062.4 |
3,026.0 |
2,795.9 |
2,539.3 |
2,627.4 |
|
Total Plan Assets |
2,702.8 |
2,636.2 |
2,509.6 |
1,981.4 |
2,154.2 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate (Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
1,265.7 |
1,327.8 |
596.3 |
409.3 |
1,457.6 |
|
Depreciation |
970.8 |
1,131.6 |
1,115.9 |
1,073.2 |
933.3 |
|
Depreciation/Depletion |
970.8 |
1,131.6 |
1,115.9 |
1,073.2 |
933.3 |
|
Amortization of
Acquisition Costs |
22.8 |
16.1 |
21.0 |
26.0 |
25.4 |
|
Amortization |
22.8 |
16.1 |
21.0 |
26.0 |
25.4 |
|
Unusual Items |
-31.5 |
74.5 |
16.8 |
-71.3 |
34.6 |
|
Equity in Net
Earnings (Loss) |
-260.0 |
-278.5 |
-130.8 |
-124.7 |
-172.9 |
|
Other Non-Cash
Items |
8.2 |
47.6 |
104.5 |
30.0 |
-20.9 |
|
Non-Cash Items |
-283.4 |
-156.3 |
-9.4 |
-165.9 |
-159.2 |
|
Accounts Receivable |
-603.2 |
-189.4 |
-630.1 |
1,623.0 |
-100.3 |
|
Inventories |
-255.5 |
-612.9 |
304.6 |
166.7 |
-174.1 |
|
Accounts Payable |
219.5 |
252.7 |
401.1 |
-877.7 |
131.4 |
|
Other Operating
Cash Flow |
-306.6 |
-144.0 |
46.7 |
-543.4 |
-302.3 |
|
Changes in Working Capital |
-945.8 |
-693.6 |
122.2 |
368.6 |
-445.3 |
|
Cash from Operating Activities |
1,030.1 |
1,625.6 |
1,846.1 |
1,711.1 |
1,811.8 |
|
|
|
|
|
|
|
|
Purchase of Fixed
Assets |
-1,537.6 |
-1,063.9 |
-909.9 |
-1,257.4 |
-1,054.4 |
|
Capital Expenditures |
-1,537.6 |
-1,063.9 |
-909.9 |
-1,257.4 |
-1,054.4 |
|
Acquisition of
Business |
-2.9 |
0.0 |
-75.7 |
0.0 |
- |
|
Sale of Business |
- |
- |
- |
0.0 |
178.4 |
|
Sale of Fixed
Assets |
26.8 |
41.1 |
71.8 |
17.1 |
26.0 |
|
Sale/Maturity of
Investment |
135.6 |
125.8 |
293.7 |
13.5 |
9.2 |
|
Investment, Net |
- |
- |
0.0 |
-3.4 |
- |
|
Purchase of
Investments |
-192.6 |
-104.6 |
-135.3 |
-191.8 |
-212.8 |
|
Other Investing
Cash Flow |
-65.9 |
-8.4 |
-28.9 |
-180.7 |
-52.3 |
|
Other Investing Cash Flow Items, Total |
-98.9 |
53.8 |
125.5 |
-345.3 |
-51.5 |
|
Cash from Investing Activities |
-1,636.5 |
-1,010.0 |
-784.4 |
-1,602.7 |
-1,106.0 |
|
|
|
|
|
|
|
|
Other Financing
Cash Flow |
-58.6 |
-51.4 |
-36.5 |
-28.4 |
-24.7 |
|
Financing Cash Flow Items |
-58.6 |
-51.4 |
-36.5 |
-28.4 |
-24.7 |
|
Cash Dividends Paid
- Common |
-190.9 |
-166.6 |
-119.5 |
-165.4 |
-135.4 |
|
Total Cash Dividends Paid |
-190.9 |
-166.6 |
-119.5 |
-165.4 |
-135.4 |
|
Sale/Issuance
of Common |
0.0 |
0.0 |
0.0 |
0.0 |
14.3 |
|
Repurchase/Retirement
of Common |
0.0 |
-0.1 |
0.0 |
-0.1 |
-0.2 |
|
Common Stock, Net |
0.0 |
-0.1 |
0.0 |
-0.1 |
14.1 |
|
Issuance (Retirement) of Stock, Net |
0.0 |
-0.1 |
0.0 |
-0.1 |
14.1 |
|
Short Term Debt,
Net |
428.3 |
-160.7 |
-838.6 |
482.3 |
-99.7 |
|
Long
Term Debt Issued |
332.6 |
651.1 |
733.8 |
420.1 |
18.4 |
|
Long
Term Debt Reduction |
-541.7 |
-597.3 |
-466.7 |
-827.5 |
-262.2 |
|
Long Term Debt, Net |
-209.1 |
53.8 |
267.2 |
-407.5 |
-243.8 |
|
Issuance (Retirement) of Debt, Net |
219.2 |
-106.9 |
-571.5 |
74.8 |
-343.5 |
|
Cash from Financing Activities |
-30.3 |
-324.9 |
-727.5 |
-119.0 |
-489.5 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
6.9 |
-31.7 |
-2.8 |
-67.3 |
-30.4 |
|
Net Change in Cash |
-629.8 |
258.9 |
331.4 |
-77.9 |
186.0 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
2,432.7 |
1,982.8 |
1,558.2 |
1,510.5 |
1,141.9 |
|
Net Cash - Ending Balance |
1,802.9 |
2,241.7 |
1,889.6 |
1,432.5 |
1,327.9 |
|
Cash Interest Paid |
69.4 |
60.7 |
65.0 |
81.1 |
86.0 |
|
Cash Taxes Paid |
316.4 |
261.3 |
80.8 |
295.1 |
383.1 |
Annual Income Statement
|
Financials in:
USD (mil) |
|
|
Except for share
items (millions) and per share items (actual units) |
|
|
|
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate (Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
26,080.4 |
23,734.3 |
19,758.2 |
21,117.5 |
22,229.3 |
|
Total Revenue |
26,080.4 |
23,734.3 |
19,758.2 |
21,117.5 |
22,229.3 |
|
|
|
|
|
|
|
|
Cost of finished
goods sold |
21,382.3 |
19,333.9 |
16,318.8 |
18,057.0 |
18,393.1 |
|
Other
Selling/General/Admin. Expense |
974.2 |
- |
- |
- |
- |
|
Shipping&Selling |
669.9 |
605.0 |
507.9 |
526.5 |
529.5 |
|
Wages&Welfare |
1,209.8 |
1,105.4 |
1,004.1 |
976.0 |
835.7 |
|
Res.Accrd.Retir.B'fit |
122.1 |
104.8 |
113.6 |
93.0 |
51.5 |
|
Research&Develop. |
621.1 |
477.2 |
416.7 |
398.7 |
350.5 |
|
Other SGA |
- |
896.6 |
840.6 |
832.1 |
765.4 |
|
SP Liquid. Prior
Retire. |
- |
- |
- |
0.0 |
-8.1 |
|
SP Gain-retirement
trust account stab. |
- |
- |
0.0 |
-310.8 |
0.0 |
|
SP G-Change
Accrd.Retir.B'fit |
- |
- |
- |
- |
0.0 |
|
SP
Return.Accru.Retire. |
- |
- |
- |
- |
0.0 |
|
SP L.Retire.Fix
Asset |
27.7 |
25.5 |
47.0 |
36.2 |
32.8 |
|
SP Loss
Val.Inv.Secs. |
27.4 |
15.0 |
13.3 |
90.2 |
4.8 |
|
SP Impairment Loss |
0.0 |
132.3 |
38.7 |
86.7 |
91.3 |
|
SP Research
Adjustment Expenses |
- |
- |
- |
- |
0.0 |
|
SP Loss on serious
disaster |
93.1 |
103.2 |
0.0 |
- |
- |
|
SP Restructuring
Cost |
- |
0.0 |
62.2 |
64.3 |
0.0 |
|
SP Provision for
surcharge |
26.6 |
0.0 |
72.8 |
0.0 |
- |
|
NOP,
L.Retire.Inventory |
- |
- |
- |
- |
40.8 |
|
Total Operating Expense |
25,154.1 |
22,798.9 |
19,435.6 |
20,850.0 |
21,087.4 |
|
|
|
|
|
|
|
|
NOP Interest Income |
13.6 |
7.7 |
9.0 |
13.9 |
17.0 |
|
NOP Dividend Income |
39.9 |
43.1 |
48.2 |
66.0 |
47.6 |
|
NOP Equity Gain |
260.0 |
278.5 |
130.8 |
124.7 |
172.9 |
|
NOP Other
Non-Ops.Income |
158.4 |
165.5 |
148.4 |
139.0 |
152.2 |
|
NOP Interest
Expense |
-68.1 |
-60.6 |
-66.6 |
-82.5 |
-86.2 |
|
NOP Claim Expenses |
0.0 |
-24.9 |
- |
- |
0.0 |
|
NOP Other
Non-Ops.Exp. |
-153.6 |
-114.2 |
-92.7 |
-119.3 |
-82.0 |
|
SP Gain Transfer
Business |
- |
- |
- |
0.0 |
84.0 |
|
SP Gain Sale Fix
Asset |
3.3 |
4.3 |
19.6 |
0.0 |
3.3 |
|
SP Gain Sale
Inv.Secs. |
86.0 |
93.0 |
76.8 |
0.0 |
7.0 |
|
Net Income Before Taxes |
1,265.7 |
1,327.8 |
596.3 |
409.3 |
1,457.6 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
385.1 |
363.6 |
182.1 |
183.8 |
515.0 |
|
Net Income After Taxes |
880.6 |
964.2 |
414.3 |
225.4 |
942.7 |
|
|
|
|
|
|
|
|
Minority interests
in income |
-135.1 |
-140.1 |
-105.4 |
-53.9 |
-174.5 |
|
Net Income Before Extra. Items |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
Net Income |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
745.4 |
824.0 |
308.9 |
171.5 |
768.2 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
793.2 |
793.2 |
793.2 |
791.4 |
778.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.94 |
1.04 |
0.39 |
0.22 |
0.99 |
|
Basic EPS Including ExtraOrdinary Item |
0.94 |
1.04 |
0.39 |
0.22 |
0.99 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.3 |
0.6 |
|
Diluted Net Income |
745.4 |
824.0 |
308.9 |
171.8 |
768.8 |
|
Diluted Weighted Average Shares |
793.3 |
793.2 |
793.2 |
809.9 |
815.8 |
|
Diluted EPS Excluding ExtraOrd Items |
0.94 |
1.04 |
0.39 |
0.21 |
0.94 |
|
Diluted EPS Including ExtraOrd Items |
0.94 |
1.04 |
0.39 |
0.21 |
0.94 |
|
DPS-Common Stock |
0.24 |
0.22 |
0.17 |
0.18 |
0.17 |
|
Gross Dividends - Common Stock |
190.9 |
175.9 |
136.6 |
142.1 |
138.0 |
|
Normalized Income Before Taxes |
1,460.0 |
1,615.7 |
831.7 |
401.9 |
1,516.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
437.3 |
438.0 |
247.5 |
168.8 |
526.8 |
|
Normalized Income After Taxes |
1,022.7 |
1,177.7 |
584.2 |
233.1 |
989.8 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
887.6 |
1,037.5 |
478.8 |
179.2 |
815.3 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.12 |
1.31 |
0.60 |
0.23 |
1.05 |
|
Diluted Normalized EPS |
1.12 |
1.31 |
0.60 |
0.22 |
1.00 |
|
Total Research And Development Expense |
1,096.5 |
- |
- |
- |
- |
|
R & D expenses (SGA) |
- |
477.2 |
416.7 |
398.7 |
350.5 |
|
R & D expenses (COGS) |
- |
445.1 |
360.8 |
327.6 |
281.8 |
|
Interest Expense |
68.1 |
60.6 |
66.6 |
82.5 |
86.2 |
|
Amortization of Goodwill - footnote |
22.8 |
- |
- |
- |
- |
|
Amort of Goodwill/Negative Goodwill |
- |
16.1 |
21.0 |
26.0 |
25.4 |
|
Amort of Tangible Assets-Current Portion |
970.8 |
- |
- |
- |
- |
|
Depreciation |
- |
1,131.6 |
1,115.9 |
1,073.2 |
933.3 |
|
Income
taxes-current |
372.4 |
- |
- |
- |
- |
|
Current Tax - Total |
372.4 |
- |
- |
- |
- |
|
Income
taxes-deferred |
12.7 |
- |
- |
- |
- |
|
Deferred Tax - Total |
12.7 |
- |
- |
- |
- |
|
Income Tax - Total |
385.1 |
- |
- |
- |
- |
|
Reported Operating Profit |
1,101.1 |
1,211.4 |
556.6 |
234.1 |
1,303.5 |
|
Reported Ordinary Profit |
1,351.2 |
1,506.6 |
733.9 |
375.9 |
1,484.2 |
|
Service Cost |
115.4 |
109.8 |
107.3 |
91.4 |
79.9 |
|
Interest Cost |
76.3 |
71.8 |
67.6 |
61.0 |
54.3 |
|
Expected Return on Plan Assets |
-36.1 |
-32.7 |
-29.0 |
-29.7 |
-28.2 |
|
Actuarial Gains and Losses |
96.1 |
88.5 |
103.7 |
79.5 |
1.4 |
|
Prior Service Cost |
7.8 |
-1.7 |
-2.1 |
-6.5 |
-7.9 |
|
Other Pension Cost |
- |
29.6 |
25.6 |
5.0 |
3.7 |
|
Domestic Pension Plan Expense |
259.5 |
265.2 |
273.2 |
200.8 |
103.3 |
|
Defined contribution expenses |
- |
- |
20.2 |
18.3 |
15.6 |
|
Total Pension Expense |
259.5 |
265.2 |
293.3 |
219.0 |
118.9 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
2.50% |
- |
- |
- |
- |
|
Discount Rate |
- |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
0.00% |
- |
- |
- |
- |
|
Expected Rate of Return |
- |
0.00% |
0.00% |
0.00% |
0.00% |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.385362 |
82.88 |
93.44 |
98.77 |
99.535 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Deposit |
1,610.2 |
1,716.8 |
1,539.5 |
1,328.7 |
1,385.9 |
|
Notes and accounts
receivable-trade |
6,079.4 |
5,130.2 |
4,729.2 |
3,759.3 |
5,832.0 |
|
Short-term investment
securities |
149.2 |
651.5 |
342.5 |
136.7 |
150.7 |
|
Inventories |
- |
- |
- |
- |
3,134.4 |
|
Inventories -
merchandise&finished goods |
1,059.1 |
987.3 |
783.3 |
734.1 |
- |
|
Inventories -
work-in-process |
1,491.7 |
1,425.5 |
1,089.5 |
1,086.4 |
- |
|
Inventories - raw
materials&supplies |
1,213.0 |
1,044.2 |
821.2 |
893.7 |
- |
|
Dfrd.Income Tax |
372.4 |
397.9 |
339.8 |
285.1 |
358.7 |
|
Other current
assets |
760.9 |
603.4 |
659.5 |
604.7 |
558.9 |
|
Allow.Doubt.Acct |
-22.2 |
-26.5 |
-31.1 |
-32.4 |
-29.4 |
|
Total Current Assets |
12,713.8 |
11,930.3 |
10,273.4 |
8,796.3 |
11,391.1 |
|
|
|
|
|
|
|
|
Buildings &
Structures |
5,867.3 |
5,543.7 |
5,141.1 |
4,524.9 |
4,433.5 |
|
Depreciation-Buildings
And Structures |
-3,477.9 |
- |
- |
- |
- |
|
Depreciation-Machinery&Equipment&Vehicle |
-8,568.6 |
- |
- |
- |
- |
|
Depreciation-TFF |
-2,328.1 |
- |
- |
- |
- |
|
Accumulated
Depreciation Other |
-9.6 |
- |
- |
- |
- |
|
Accum. depr -
bldg&struc |
- |
-3,277.5 |
-2,928.0 |
-2,553.6 |
-2,456.6 |
|
Machinery,
equipment and vehicles |
11,044.9 |
10,392.2 |
9,373.6 |
8,604.8 |
8,848.4 |
|
Accum. depr -
machin&vehicles |
- |
-8,275.1 |
-7,318.8 |
-6,491.8 |
-6,472.9 |
|
Tools, furniture and
fixtures |
2,694.6 |
2,611.9 |
2,361.6 |
2,189.1 |
2,180.0 |
|
Accum. depr -
tools, furn, fixtur |
- |
-2,306.4 |
-2,077.3 |
-1,882.4 |
-1,832.9 |
|
Land |
962.1 |
911.3 |
884.2 |
814.0 |
836.2 |
|
Constr.in Progr. |
390.2 |
198.1 |
169.8 |
269.8 |
194.7 |
|
Other PPE |
24.9 |
- |
- |
- |
- |
|
Other PP&E,
gross |
- |
26.2 |
14.3 |
7.2 |
0.0 |
|
Depreciation, Other
PP&E |
- |
-11.5 |
-5.6 |
-1.6 |
0.0 |
|
Goodwill |
26.7 |
41.2 |
60.3 |
66.3 |
128.9 |
|
Other intangible
assets |
304.1 |
265.8 |
254.0 |
237.4 |
229.2 |
|
Investment Secs. |
1,876.2 |
2,121.1 |
1,730.3 |
3,224.1 |
3,987.1 |
|
Inv.
Securities.affiliates&sub. |
2,451.6 |
2,252.4 |
1,670.1 |
- |
- |
|
Deferred tax assets |
205.6 |
214.1 |
247.6 |
268.4 |
173.4 |
|
Other investments
and other assets |
992.6 |
988.0 |
939.2 |
869.7 |
429.1 |
|
Allow.Doubt.Acct |
-19.4 |
-22.0 |
-28.6 |
-28.3 |
-18.0 |
|
Total Assets |
25,150.9 |
23,603.8 |
20,761.3 |
18,914.4 |
22,051.4 |
|
|
|
|
|
|
|
|
Notes and accounts
payable-trade |
3,842.7 |
3,065.5 |
2,786.7 |
2,183.8 |
3,443.2 |
|
Short-term loans
payable |
1,700.1 |
893.1 |
1,005.3 |
1,663.5 |
1,336.6 |
|
Cur.Port. LT Debt |
- |
94.6 |
77.4 |
108.1 |
62.5 |
|
Cur.Port.Bond |
242.8 |
422.3 |
460.2 |
273.4 |
818.8 |
|
Commercial papers |
- |
- |
0.0 |
151.8 |
0.0 |
|
Income Tax Pybl. |
205.0 |
220.5 |
180.7 |
95.4 |
235.3 |
|
Accrued Expenses |
- |
- |
- |
- |
849.4 |
|
Dfrd.Tax Liab. |
- |
- |
- |
0.0 |
2.0 |
|
Provision for
directors'' bonuses |
10.5 |
10.0 |
9.0 |
8.0 |
9.8 |
|
Res.Const.Compen |
13.8 |
11.1 |
9.6 |
7.8 |
1.1 |
|
Res.Constru.Loss |
8.8 |
9.9 |
10.3 |
7.6 |
5.8 |
|
Reserve for
disaster loss |
- |
49.6 |
0.0 |
- |
- |
|
Provision for
surcharge |
25.5 |
0.0 |
72.4 |
0.0 |
- |
|
Other Current
Liabilities |
1,669.2 |
1,629.7 |
1,358.8 |
1,122.0 |
737.7 |
|
Total Current Liabilities |
7,718.3 |
6,406.3 |
5,970.3 |
5,621.4 |
7,502.2 |
|
|
|
|
|
|
|
|
Corporate Bond |
629.4 |
723.9 |
1,016.7 |
1,397.2 |
1,356.3 |
|
Long-term loans
payable |
1,828.1 |
1,973.8 |
1,234.3 |
611.6 |
599.9 |
|
Total Long Term Debt |
2,457.5 |
2,697.8 |
2,251.0 |
2,008.8 |
1,956.2 |
|
|
|
|
|
|
|
|
Deferred tax
liabilities |
606.1 |
776.7 |
647.7 |
572.6 |
798.5 |
|
Reval.Dfrd.Tax |
- |
0.0 |
7.0 |
7.5 |
7.5 |
|
Reserve for
retirement benefits |
365.4 |
348.5 |
332.5 |
270.6 |
254.9 |
|
Provision for
directors'' retirement ben |
18.4 |
18.1 |
17.6 |
18.5 |
17.5 |
|
Other noncurrent
liabilities |
160.8 |
173.6 |
141.9 |
147.9 |
179.6 |
|
Minority Int. |
1,831.9 |
1,732.0 |
1,716.5 |
1,538.5 |
1,614.3 |
|
Total Liabilities |
13,158.4 |
12,152.8 |
11,084.7 |
10,185.8 |
12,330.6 |
|
|
|
|
|
|
|
|
Common Stock |
1,210.6 |
1,203.4 |
1,067.4 |
1,009.8 |
973.7 |
|
Total capital
surpluses |
2,075.9 |
2,063.5 |
1,830.3 |
1,731.5 |
1,689.8 |
|
Total retained
earnings |
8,996.6 |
8,407.0 |
6,822.3 |
6,299.3 |
6,197.2 |
|
Valuation
difference on available-for-sa |
695.6 |
738.2 |
536.0 |
319.1 |
707.4 |
|
Deferred Hedge |
-2.3 |
-0.4 |
0.4 |
3.8 |
-2.4 |
|
Val.Excess-Land |
- |
0.0 |
-12.7 |
-14.4 |
-14.3 |
|
Transl.Adjust. |
-976.1 |
-953.1 |
-560.6 |
-614.7 |
175.2 |
|
Stock Rights |
0.1 |
0.2 |
0.2 |
0.4 |
0.3 |
|
Treausry Stock |
-7.8 |
-7.7 |
-6.6 |
-6.2 |
-6.0 |
|
Total Equity |
11,992.5 |
11,451.0 |
9,676.6 |
8,728.6 |
9,720.8 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders'
Equity |
25,150.9 |
23,603.8 |
20,761.3 |
18,914.4 |
22,051.4 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
793.2 |
793.2 |
793.2 |
793.2 |
788.8 |
|
Total Common Shares Outstanding |
793.2 |
793.2 |
793.2 |
793.2 |
788.8 |
|
T/S-Common Stock |
0.7 |
0.7 |
0.7 |
0.7 |
0.7 |
|
Full-Time Employees |
194,734 |
182,773 |
157,203 |
152,547 |
153,725 |
|
Total Number of Shareholders |
69,822 |
- |
- |
- |
- |
|
Number of Common Shareholders |
- |
75,460 |
73,997 |
66,336 |
60,829 |
|
Within One Year |
242.8 |
- |
- |
- |
- |
|
Division And End Of Current Period Remai |
335.3 |
- |
- |
- |
- |
|
Long Term Debts Maturing within 1 Year |
- |
516.9 |
537.6 |
381.5 |
881.3 |
|
Over One Year And Within Two Years |
242.8 |
- |
- |
- |
- |
|
Lns Pble Maturing over a Yr within 2 Yrs |
243.0 |
- |
- |
- |
- |
|
Long Term Debts Maturing within 2 Year |
- |
569.7 |
459.8 |
569.8 |
387.3 |
|
Over Two Years And Within Three Years |
128.9 |
- |
- |
- |
- |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
817.8 |
- |
- |
- |
- |
|
Long Term Debts Maturing within 3 Year |
- |
455.9 |
499.4 |
430.5 |
562.2 |
|
Over Three Years And Within Four Years |
128.9 |
- |
- |
- |
- |
|
Over Four Years And Within Five Years |
128.8 |
- |
- |
- |
- |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
132.5 |
- |
- |
- |
- |
|
Long Term Debts Maturing within 4 Year |
- |
917.6 |
391.4 |
276.7 |
425.2 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
270.7 |
- |
- |
- |
- |
|
Long Term Debts Maturing within 5 Year |
- |
123.5 |
447.7 |
381.1 |
230.2 |
|
Loans Payable Remaining |
364.1 |
- |
- |
- |
- |
|
Remaining |
- |
631.0 |
452.8 |
350.7 |
351.3 |
|
Total Long Term Debt, Supplemental |
3,035.6 |
3,214.6 |
2,788.6 |
2,390.3 |
2,837.5 |
|
Capital Leases Maturing within 1 Year |
6.4 |
6.3 |
5.0 |
3.1 |
- |
|
Cap Lease Maturg over a Yr within 2 Yrs |
4.0 |
- |
- |
- |
- |
|
Capital Leases Maturing within 2 Years |
- |
4.2 |
3.0 |
3.6 |
- |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
3.2 |
- |
- |
- |
- |
|
Capital Leases Maturing within 3 Years |
- |
3.1 |
2.1 |
0.8 |
- |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
3.0 |
- |
- |
- |
- |
|
Capital Leases Maturing within 4 Years |
- |
2.3 |
1.1 |
0.3 |
- |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
1.1 |
- |
- |
- |
- |
|
Capital Leases Maturing within 5 Years |
- |
1.8 |
0.3 |
0.1 |
- |
|
Capital Lease Remaining |
0.1 |
- |
- |
- |
- |
|
Capital Leases - Remaining Maturities |
- |
0.2 |
- |
- |
- |
|
Total Capital Leases |
17.9 |
17.8 |
11.5 |
7.8 |
- |
|
Pension Obligation |
3,062.4 |
3,026.0 |
2,795.9 |
2,539.3 |
2,627.4 |
|
Fair Value of Plan Assets |
2,702.8 |
2,636.2 |
2,509.6 |
1,981.4 |
2,154.2 |
|
Funded Status |
-359.6 |
-389.8 |
-286.3 |
-557.9 |
-473.2 |
|
Total Funded Status |
-359.6 |
-389.8 |
-286.3 |
-557.9 |
-473.2 |
|
Discount Rate |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
0.00% |
0.00% |
- |
- |
- |
|
Expected Rate of Return |
- |
- |
0.00% |
0.00% |
0.00% |
|
Unrecognized Actuarial Gains and Losses |
784.8 |
834.6 |
659.8 |
976.6 |
516.4 |
|
Unrecognized Prior Service Cost |
-17.0 |
-20.7 |
-19.9 |
-26.7 |
-36.8 |
|
Prepaid Pension Benefit |
773.5 |
772.6 |
686.1 |
662.6 |
261.4 |
|
Accrued Pension Benefit |
-365.4 |
-348.5 |
-332.5 |
-270.6 |
-254.9 |
|
Net Assets Recognized on Balance Sheet |
1,175.9 |
1,237.9 |
993.5 |
1,341.9 |
486.1 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
|
|
|
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate (Period Average) |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
|
Auditor |
KPMG AZSA LLC |
KPMG LLP |
KPMG LLP |
KPMG LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with Explanation |
Unqualified with Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Income Before Tax |
1,265.7 |
1,327.8 |
596.3 |
409.3 |
1,457.6 |
|
Depreciation |
970.8 |
1,131.6 |
1,115.9 |
1,073.2 |
933.3 |
|
Impairment |
6.4 |
132.3 |
53.2 |
114.2 |
91.3 |
|
Amort.
Goodwill/Negative Goodwill |
22.8 |
16.1 |
21.0 |
26.0 |
25.4 |
|
Int. & Div.
Income |
-53.4 |
-50.8 |
-57.3 |
-79.9 |
-64.6 |
|
Interest Expense |
68.1 |
60.6 |
66.6 |
82.5 |
86.2 |
|
Equity in
(earnings) losses of affiliate |
-260.0 |
-278.5 |
-130.8 |
-124.7 |
-172.9 |
|
G/L retirement
trust account stab. |
- |
- |
0.0 |
-310.8 |
0.0 |
|
Loss (gain) on
sales of noncurrent asset |
-8.5 |
-8.3 |
-27.4 |
-4.4 |
-3.3 |
|
Loss Retire.Fx
Asset |
27.8 |
26.8 |
52.6 |
39.5 |
32.8 |
|
Loss (gain) on
sales of investment secur |
-84.6 |
-91.3 |
-76.8 |
0.0 |
-7.0 |
|
Gain Transfer
Business |
- |
- |
- |
0.0 |
-84.0 |
|
Loss (gain) on
valuation of investment s |
27.4 |
15.0 |
15.3 |
90.2 |
4.8 |
|
Increase (decrease)
in provision for los |
-52.1 |
48.0 |
0.0 |
- |
- |
|
Provision for
surcharge |
26.6 |
0.0 |
72.8 |
0.0 |
- |
|
Decrease (increase)
in notes and account |
-603.2 |
-189.4 |
-630.1 |
1,623.0 |
-100.3 |
|
Decrease (increase)
in inventories |
-255.5 |
-612.9 |
304.6 |
166.7 |
-174.1 |
|
Increase (decrease)
in notes and account |
219.5 |
252.7 |
401.1 |
-877.7 |
131.4 |
|
Increase (decrease)
in provision for ret |
18.9 |
-10.1 |
22.5 |
-6.7 |
-64.3 |
|
Increase(decrease)
in cash and cash equi |
-96.4 |
- |
- |
- |
- |
|
Increase In Cash
And Cash Equivalents Fr |
41.5 |
- |
- |
- |
- |
|
Decrease In Cash
And Cash Equivalents Re |
-4.7 |
- |
- |
- |
- |
|
Increase In Cash
And Cash Equivalents Re |
0.0 |
- |
- |
- |
- |
|
Other, net |
23.2 |
135.5 |
103.1 |
-283.9 |
66.4 |
|
Int. & Div.
Rcvd. |
115.8 |
121.5 |
89.4 |
116.6 |
100.4 |
|
Interest Paid |
-69.4 |
-60.7 |
-65.0 |
-81.1 |
-86.0 |
|
Surcharge |
- |
-78.9 |
0.0 |
- |
- |
|
Income Tax Paid |
-371.5 |
-350.1 |
-212.3 |
-295.1 |
-383.1 |
|
Income Tax Refund |
55.1 |
88.7 |
131.5 |
0.0 |
- |
|
Newly Consolidated |
- |
- |
- |
39.3 |
25.5 |
|
Decrease due to
Un-Consol. of Subs. |
- |
- |
- |
-5.1 |
-3.8 |
|
Cash from Operating Activities |
1,030.1 |
1,625.6 |
1,846.1 |
1,711.1 |
1,811.8 |
|
|
|
|
|
|
|
|
Redemp. Mkbl.Secs. |
- |
0.0 |
145.3 |
10.0 |
0.0 |
|
Purchase of
property, plant and equipmen |
-1,537.6 |
-1,063.9 |
-909.9 |
-1,257.4 |
-1,054.4 |
|
Proceeds from sales
of property, plant a |
26.8 |
41.1 |
71.8 |
17.1 |
26.0 |
|
Purchase of
investment securities |
-162.1 |
-86.5 |
-108.7 |
-191.8 |
-109.3 |
|
Sale of LT
securities |
135.6 |
125.6 |
148.4 |
3.6 |
9.2 |
|
Purch.Subsid.Stock |
-30.4 |
-18.1 |
-26.6 |
0.0 |
-103.5 |
|
Sale Subsid.Secs. |
- |
- |
- |
0.0 |
13.2 |
|
Sale
Subsid.Secs.,Outflow |
- |
- |
0.0 |
-3.4 |
- |
|
Transfer of
Business |
- |
- |
- |
0.0 |
165.2 |
|
Special dividends
distribution received |
59.8 |
110.2 |
50.8 |
0.0 |
- |
|
Purch.Subsid.Stock |
-2.9 |
0.0 |
-75.7 |
0.0 |
- |
|
Sale Subsid.Secs. |
- |
0.2 |
0.0 |
- |
- |
|
Payments of
long-term loans receivable |
-10.2 |
-8.0 |
-2.4 |
-4.1 |
-6.8 |
|
Collection of
long-term loans receivable |
3.4 |
3.3 |
5.2 |
6.6 |
9.0 |
|
Decrease (increase)
in short-term loans |
-1.1 |
16.3 |
8.1 |
-53.3 |
41.2 |
|
Other, net |
-117.7 |
-130.3 |
-90.6 |
-130.0 |
-95.7 |
|
Cash from Investing Activities |
-1,636.5 |
-1,010.0 |
-784.4 |
-1,602.7 |
-1,106.0 |
|
|
|
|
|
|
|
|
Net increase
(decrease) in short-term lo |
428.3 |
-160.7 |
-677.3 |
333.0 |
-99.7 |
|
Change in
commercial papers, net |
- |
0.0 |
-161.4 |
149.2 |
0.0 |
|
Proceeds From
Issuance Of Bonds |
150.1 |
- |
- |
- |
- |
|
Proceeds from
long-term loans payable |
182.5 |
651.1 |
733.8 |
121.5 |
18.4 |
|
Repayment of
long-term loans payable |
-98.5 |
-95.5 |
-176.2 |
-72.6 |
-130.8 |
|
Proc.Issue Bond |
- |
0.0 |
0.0 |
298.6 |
0.0 |
|
Redempt.Bond |
-443.3 |
-501.8 |
-290.5 |
-754.9 |
-131.4 |
|
Stock Issued to
Minor.Shareholers |
10.0 |
1.6 |
0.0 |
6.3 |
0.9 |
|
Proceeds From Sales
Of Treasury Stock |
0.0 |
- |
- |
- |
- |
|
Purch.Treas. |
0.0 |
-0.1 |
0.0 |
-0.1 |
-0.2 |
|
Sale of Treas. |
- |
0.0 |
0.0 |
0.0 |
14.3 |
|
Dividend Paid |
-190.9 |
-166.6 |
-119.5 |
-165.4 |
-135.4 |
|
Div.Paid Minority |
-60.4 |
-40.7 |
-29.5 |
-31.9 |
-25.4 |
|
Other, net |
-8.1 |
-12.2 |
-7.0 |
-2.8 |
-0.1 |
|
Cash from Financing Activities |
-30.3 |
-324.9 |
-727.5 |
-119.0 |
-489.5 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
6.9 |
-31.7 |
-2.8 |
-67.3 |
-30.4 |
|
Net Change in Cash |
-629.8 |
258.9 |
331.4 |
-77.9 |
186.0 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
2,432.7 |
1,982.8 |
1,558.2 |
1,510.5 |
1,141.9 |
|
Net Cash - Ending Balance |
1,802.9 |
2,241.7 |
1,889.6 |
1,432.5 |
1,327.9 |
|
Cash Interest Paid |
69.4 |
60.7 |
65.0 |
81.1 |
86.0 |
|
Cash Taxes Paid |
316.4 |
261.3 |
80.8 |
295.1 |
383.1 |
|
Financials in:
USD (mil) |
|
|
Except for
share items (millions) and per share items (actual units) |
|
|
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Financials in:
USD (mil) |
|
|
Except for share
items (millions) and per share items (actual units) |
|
|
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.29 |
|
|
1 |
Rs.83.88 |
|
Euro |
1 |
Rs.70.68 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.