|
Report Date : |
19.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
MITSUI & CO. LTD |
|
|
|
|
Registered Office : |
1-2-1, Ote-machi Chiyoda-Ku, 100-0004 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
25.07.1947 |
|
|
|
|
Legal Form : |
Public Parent |
|
|
|
|
Line of Business : |
Iron and Steel Forging |
|
|
|
|
No. of Employees : |
44,805 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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
small agricultural sector is highly subsidized and protected, with crop yields
among the highest in the world. While self-sufficient in rice production, Japan
imports about 60% of its food on a caloric basis. 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. Modest economic growth continued after 2000, but the economy has fallen
into recession three times since 2008. A sharp downturn in business investment
and global demand for Japan's exports in late 2008 pushed Japan 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 and the ensuing tsunami in March disrupted manufacturing. The
economy has largely recovered in the two years since the disaster, but
reconstruction in the Tohoku region has been uneven. Newly-elected Prime
Minister Shinzo ABE has declared the economy his government's top priority; he
has pledged to reconsider his predecessor's plan to permanently close nuclear
power plants and is pursuing an economic revitalization agenda of fiscal
stimulus and regulatory reform and has said he will press the Bank of Japan to
loosen monetary policy. Measured on a purchasing power parity (PPP) basis that
adjusts for price differences, Japan in 2012 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 2012. The new government will
continue a longstanding debate 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
Mitsui & Co.
Ltd.
|
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Business
Description
|
MITSUI & CO., LTD. is a Japan-based diversified trading company. The
Company is engaged in the sale, import, export and international trading of
various products in the fields of iron and steel products, metal resource,
machine and project, chemical, energy, food and retail, as well as consumer
service and information industries. The Company is also engaged in the
provision of retail, information communication, technology, transportation
and finance services, the development of energy and raw iron resources, in
addition to the investment in new businesses such as information technology
(IT), renewable energy and environment-related businesses. The Company
operates through eight business segments. On July 1, 2011, it acquired a
subsidiary from Mercian Corporation. On February 5, 2013, the Company
completed the full acquisition of MITSUI FOODS CO.,LTD. On April 1, 2013, the
Company transferred J-SCube Inc. to TOPPAN FORMS CO LTD. On May 1, 2013, it
sold MM Net Corporation. For the fiscal year ended 31 March 2013, Mitsui
& Co Ltd revenues decreased 6% to Y4.912T. Net income decreased 29% to
Y307.93B. Revenues reflect Sales of Products decrease of 7% to Y4.408T, Other
Sales decrease of 8% to Y111.38B. Net income also reflects Gain On Equity
From Subsidiaries And Aff decrease of 24% to Y176.23B (earnings), Other G/L
decrease from Y7.91B (income) to Y30.87B (expense). |
Industry
|
Industry |
|
|
ANZSIC 2006: |
|
|
NACE 2002: |
2840 - Forging, pressing, stamping and roll forming
of metal; powder metallurgy |
|
NAICS 2002: |
|
|
UK SIC 2003: |
2840 - Forging, pressing, stamping and roll forming
of metal; powder metallurgy |
|
UK SIC 2007: |
2550 - Forging, pressing, stamping and roll-forming
of metal; powder metallurgy |
|
US SIC 1987: |
Key Executives
|
Significant Developments
|
Financial Summary
|
Stock Snapshot
|
1 - Profit &
Loss Item Exchange Rate: USD 1 = JPY 82.97047
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 94.08855
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
Key Organizational Changes |
|
|
, Ltd. (ENAC) announced their intention to acquire all of the shares of
the holding company of Ecogen Brasil Solucoes Energeticas S.A. (Ecogen)
through a jointly-established investment subsidiary. Such strategic
acquisitions would support the company's plans to diversify its business into
other markets.Uncertain Market and Economic ConditionsThe global economic
slowdown and vague recovery scenario are likely to create challenges for
Mitsui over the next few years. Though economic recovery continued during the
first half of 2010, the global economy was affected by the turmoil in
sovereign debt markets during the second quarter of 2010. The world economy
expanded at an annual rate of approximately 5.25% during the first half of
2010 and is expected to grow 4.2% in 2011. |
|
|
Sales and Distribution |
|
|
1m from JPY396.8m during 2011. Besides, Mitsui has established a three-pronged,
independent region-based system that serve as the core pillars of its global
strategy. It focuses on integrating its region-based strategy and the product
and service-based strategy to build an organic global network for its
business that could include the world in its matrix and thereby enabling it
to meet the diverse needs of its customers in each region.Increasing Accounts
ReceivableIncreasing accounts receivable affect the company’s
competitiveness and profitability. Its total trade receivable increased to
JPY1,920,916m in 2012 from JPY1,744,785m in 2011, showing an increase of
10.1% over the period. |
|
|
8m during 2011. Besides, Mitsui has established a three-pronged,
independent region-based system that serve as the core pillars of its global
strategy. It focuses on integrating its region-based strategy and the product
and service-based strategy to build an organic global network for its
business that could include the world in its matrix and thereby enabling it
to meet the diverse needs of its customers in each region.Increasing Accounts
ReceivableIncreasing accounts receivable affect the company’s
competitiveness and profitability. Its total trade receivable increased to
JPY1,920,916m in 2012 from JPY1,744,785m in 2011, showing an increase of
10.1% over the period. The company entered into several factoring agreements
with customers, mainly due to petroleum trading business and higher trading
volume from retail & food segment on short terms. |
|
|
Mitsui & Co., Ltd. (Mitsui) is a Japanese general trading company.
It is engaged in the sale, manufacture, export, import and international trade
of products in various fields. The company has diversified operations, which
reduces its dependence on a single business for revenues. Increasing long term
liabilities coupled with involvement in lawsuits and litigations are an area of
concern to the company. Mitsui is exploring various business opportunities in
the area of unconventional energy sources, which are considered to have huge
growth potential. Through strategic acquisitions, the company is strengthening
its existing businesses for future growth prospects. However, uncertain global
economic conditions and stringent regulations could hinder Mitsui's growth.
Mitsui’s engages in diverse businesses, which enables it to serve
various needs of its diversified customer base. The company’s operations are
classifieds into four business areas such as Mineral Resources and Energy,
Global Marketing Networks, Lifestyle Business and Infrastructure. It serves
customers through a combination of five functions: marketing, financing,
logistics, risk management, and IT and process development capabilities. Along
with its subsidiaries, the company offers various products and services through
its 14 business units, namely, Mineral & Metal Resources Business Unit,
Infrastructure Projects Business Unit, Iron & Steel Products Business Unit,
Motor Vehicles & Construction Machinery Business Unit, Marine &
Aerospace Business Unit, Basic Chemicals Business Unit, Performance Chemicals
Business Unit, Energy Business Unit I, Energy Business Unit II, Foods &
Retail Business Unit, Consumer Service Business Unit, IT Business Unit,
Financial & New Business Unit and Transportation Logistics Business Unit.
Such diversified operations mitigate the business risk associated with any
particular sector.
Mitsui has operational presence in various geographies, which along with
established network and distribution channel enable it to serve a diverse
customer base. It has business presence in Japan, North America, Central
America and South America, Europe, Russia and the CIS, Africa, Middle East,
Asia and Oceania. The company categorizes the above locations into three broad
regions, namely, the Americas, EMEA (Europe, Middle East and Africa), and Asia
Pacific. For the fiscal year 2012, it recorded 33.3% increased revenue from
Americas region, at JPY529.1m from JPY396.8m during 2011. Besides, Mitsui has
established a three-pronged, independent region-based system that serve as the
core pillars of its global strategy. It focuses on integrating its region-based
strategy and the product and service-based strategy to build an organic global
network for its business that could include the world in its matrix and thereby
enabling it to meet the diverse needs of its customers in each region.
Expanding Profitability Ratios
Mitsui recorded high revenue margins in 2012. The company reported 12.2%
increase in total revenue in 2012, as compared to that in 2011. For the fiscal
year 2012, the company reported revenue of JPY5,251,602m and the growth
resulted in gross margin of 16.72%. Revenue growth and stable gross margin were
the result of controlled costs. The company’s operating cost as percentage of
sales declined to 94.35% in 2012 from 95.94% in 2011. Similarly, the
administration cost as percentage of sales also decreased to 9.80% in 2012 from
11.39% in 2011. Operating margins increased due to strong performance from its
segments namely, mineral & metal resources, from machinery & infrastructure
projects, energy, consumer services and foods & retail. The company also
reported increased returns in 2012, as compared to those in previous years. The
company's return on equity (ROE) was 16.45% at the end of fiscal year 2012, as
compared to 12.96% in 2011. Its return on capital employed was 4.64% in fiscal
year 2012, as compared to 3.14% in 2011. Its return on assets, return on fixed
assets, and return on working capital were 4.82%, 6.47% and 16.46% in 2012, as
compared to 3.57%, 4.44% and 10.71% respectively in 2011. Increasing
profitability ratios indicate the company’s sturdy performance and its
ability to deliver returns, as expected by its shareholders. Decreased cost and
increased returns led to overall growth of its operating margins. In 2012, the
company’s Americas geographical segment recorded 33.3% increased revenue.
Besides, the company’s operating margin increased 5.65% in 2012 from 4.06% in
2011. Its net profit margin increased 8.27% in 2012 from 6.55% in 2011.
Increased margins and decreased operating cost reflect the strong operational
efficiency of the company.
Increasing Accounts Receivable
Increasing accounts receivable affect the company’s competitiveness
and profitability. Its total trade receivable increased to JPY1,920,916m in
2012 from JPY1,744,785m in 2011, showing an increase of 10.1% over the period.
The company entered into several factoring agreements with customers, mainly
due to petroleum trading business and higher trading volume from retail &
food segment on short terms. It also recorded 5.9% increased doubtful accounts
provision of JPY15.1m in 2012, compared to JPY9.2m during 2011. Besides, it
also recorded increased inventories at JPY515,758m in 2012 from JPY467,355m
during 2011. As a result, its inventory turnover increased from 8.2 times in
2011 to 8.5 times in 2012, indicating adequate supplies for improvement in
sales. However, the provision for impairment loss would have been recognized,
based on the objective evidence. Such increasing doubtful debts, along with
accounts receivable, reflect inefficient credit management by the company. In
the backdrop of growing economic recession, the probability of defaults by
creditors increased, which may impact the overall financial position as well as
profitability of the company.
The company reported highly leveraged capital structure, which may
affect its expansion and growth plans. Up to the end of fiscal 2012, the company
reported total debt obligation of JPY3,631,315m consisting of long-term debt
components of shale gas & oil business. It also incurred current portion of
long term liabilities of JPY372,657m in 2012, compared to JPY308,883m during
2011. As a result, the company reported substantial debt to equity ratio of
137.48% and a debt to capital ratio of 56.85% in fiscal year 2012. The company
incurred this debt to meet its working capital and capital expenditure needs.
If it fails to comply with any of the debt service requirements, the debt could
become due and payable prior to its scheduled maturity. Any reduction in
revenues and operating cash flows could hinder the company’s ability to repay
interest and principal, resulting in default. Hence, such huge debt increases
the financial burden on the company, limiting the availability of cash for its
growth.
Mitsui is involved in various lawsuits and litigations related to the
oil spill incident of a drilling rig in the Gulf of Mexico, which could have a
detrimental effect on its goodwill and reputation. In December 2010, the United
States federal government filed a lawsuit against the subsidiaries of the
company, Mitsui Oil Exploration Co Ltd., MOEX Offshore 2007 LLC and MOEX USA
Corporation (collectively, MOEX Parties), regarding the oil spill accident in
the mining area in Gulf of Mexico owned by the subsidiaries of the company. In
the lawsuit, the United States federal government demanded the payment of the
related damages and compensation caused by the oil spill accident. In May 2011,
Mitsui reached a settlement between several of its subsidiaries and certain BP
p.l.c. subsidiaries (BP), which resolves all of BP's claims against Mitsui's
subsidiaries arising from the oil spill incident in the Gulf of Mexico.
According to the terms of the settlement, one of Mitsui subsidiaries would pay
BP a sum of $1.065 billion, and in return BP would simultaneously waive and
release all of its claims against the Mitsui subsidiaries. But, indemnity
provided by BP in the settlement does not cover the Clean Water Act (CWA) civil
penalties and due to this the MOEX Parties could incur additional liabilities.
Such lawsuits against the company would affect its goodwill and increase its
expenditure in defending against such legal cases.
Potential Growth for Unconventional Oil and Gas
Mitsui intends to strategically expand its shale gas business into the
US and Europe by leveraging its global network and know-how regarding shale
gas, which it obtained through development and production activities in the
Marcellus Shale gas project. In June 2011, Mitsui entered a definitive
agreement with subsidiaries of Marathon Oil Corporation (Marathon), to acquire
a 9% working interest in 10 of Marathon's Paleozoic shale gas exploration
concessions in the Republic of Poland. The development of shale gas in Europe
is only in its initial stages with most companies evaluating the potential
through seismic data acquisition and by drilling exploration wells. The
International Energy Agency (IEA) estimates the total unconventional gas
reserves in Europe to be 1,200 trillion cubic feet, approximately six times the
continent’s conventional reserves. The reserves, if realized, would be enough
to displace 40 years of gas imports at current levels. Almost half of it is
thought to be in shale; the rest comes from coal-bed methane and tight gas. The
company could benefit as the petroleum industry turns to unconventional sources
of oil and gas and can take advantage of the current scenario to boost its
sales and strengthen its financial base.
Demand for Natural Gas and LNG
The demand for Natural Gas and LNG is increasing, as these are cleaner
burning fuels when compared to coal and oil. According to in-house data,
inter-regional natural gas trade is projected to more than double in the period
to 2030 to nearly one trillion cubic meters. Furthermore, despite low economic
growth, North America and Europe would account for 20% of the overall growth in
world gas consumption to 2030. In addition, the global LNG fleet is growing
rapidly to meet increasing demand. Such rise in demand would help the company
in enhancing its energy segment business.
Strategic acquisitions offer a growth opportunity for the company,
especially while foraying new markets or launching new products or services.
With increasing competition in the industry, it becomes very important for a
player to have a diversified geographical and product portfolio. In January
2013, Mitsui acquired an additional 27.29% of the shares of Arch Pharmalabs
Limited (Arch). Arch is an Indian pharmaceutical intermediates and Active
Pharmaceutical Ingredient (API) Contract Manufacturing Organization (CMO)
providing services to manufacturers in Europe and the US, besides manufacturing
and selling APIs for generic drugs to emerging countries. By increasing its
stake in Arch, the company aims to strengthen its CMO business platform and
capitalize on India's emerging pharmaceutical manufacturing capabilities that
would enable it provide CMO business for branded drug manufacturers globally.
Mitsui also acquired Paul Stuart Inc. (Paul Stuart), a luxury apparel and
accessory retailer. Through this acquisition, the company would secure access
to the brand's worldwide trademark, which is registered in more than 30
countries in the Americas, Europe and Asia, thereby enabling it to expand its
business to a full-scale global brand business. Mitsui agreed with Gestamp
Automocion, S.L. (GA) to purchase up to 30% stake in controlling companies of
GA's North and South American operations (GA's Americas Companies), and also
entered into definitive agreements in January 2013. GA's Americas Companies
operate 15 automotive parts manufacturing plants in the US, Mexico, Brazil and
Argentina. In December 2012, the company signed an agreement with a grain
accumulator in Australia, Plum Grove Pty Ltd (Plum Grove), for a 25% stake in
it. With this participation, Mitsui could strengthen its grain accumulation
business in Australia that could enable it to contribute to market Western
Australian wheat to the Japanese market. It also intends to expand its global
grain distribution reach to the Asian and Middle Eastern markets. In November
2012, Mitsui and Energy Advance Co., Ltd. (ENAC) announced their intention to
acquire all of the shares of the holding company of Ecogen Brasil Solucoes
Energeticas S.A. (Ecogen) through a jointly-established investment subsidiary.
Such strategic acquisitions would support the company's plans to diversify its
business into other markets.
Challenge of Environmental Regulations
The company could be affected by the environmental regulations governing
the global chemical industry. REACH (Registration Evaluation and Authorization
of Chemicals), in Europe, is an example of the stringent environmental
regulations that impact chemical producers. REACH regulates the products
manufactured and marketed in Europe. Phased over a period of 11 years, the
regulation mandates all companies to develop and submit dossiers containing
data sets about their chemical products and detail their potential impact and
risk on environment. This could be a challenge while launching new products as
the process is time-consuming and expensive. It may also result in phasing out
many existing chemicals from the market, which are regarded as toxic and
hazardous. REACH directly applies to over 30,000 different chemical substances
that are produced or sold in Europe and its implementation is expected to cost
European chemical industry about $3 billion. Other countries too are expected
to model their regulations on the principles of REACH. The US has already begun
implementing similar regulations with the reform of Toxic Substances Control
Act. China has its own version: RoHS (Restriction of Hazardous Substances),
which restricts the use of certain chemicals in the market. Such stringent
environmental regulations are set to tighten in the coming years, affecting
both existing and new products for the company.
Uncertain Market and Economic Conditions
The global economic slowdown and vague recovery scenario are likely to
create challenges for Mitsui over the next few years. Though economic recovery
continued during the first half of 2010, the global economy was affected by the
turmoil in sovereign debt markets during the second quarter of 2010. The world
economy expanded at an annual rate of approximately 5.25% during the first half
of 2010 and is expected to grow 4.2% in 2011. However, the Euro region is
expected to grow at 1.5% and the US is expected to grow at 2.3% in 2011. In
early 2010, fears of a sovereign debt crisis developed concerns for some
European countries, including Portugal, Ireland, Italy, Greece and Spain. In
November 2010, the IMF warned about a possible full blown sovereign debt crisis
in rich nations. The earthquake and tsunami that occurred in Japan on March 11,
2011, followed by a nuclear crisis and shortage of electricity, could have a
large negative economic impact on the country in the current fiscal. The
continuing uncertainty over economic recovery and the sovereign debt crises
could adversely affect the company’s earnings.
Foreign Currency Exchange Rate Risk
Exchange rate volatility could have an adverse effect on the company's financial
results. The company is geographically diversified and has operations in most
parts of the world. The asset values, earnings and cash flows are influenced by
a range of currencies. A substantial portion of overseas sales could be
affected by foreign currency exchange rate fluctuations. A significant portion
of revenues generated from overseas business operations are denominated in
currencies other than the Japanese yen. The company's sales are in various
currencies such as US dollar, Australian dollar, and the Brazilian Real, among
other currencies. It is exposed to currency risks associated with the
purchases, sales and borrowings from different markets. Changes in the exchange
rates could affect the consolidated results of operations and thereby impact
its overall profitability.
|
Mitsui & Co.
Ltd. |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Chiyoda-Ku |
Japan |
Miscellaneous Fabricated Products |
59,197.1 |
44,805 |
|
|
Subsidiary |
Shinagawa-Ku |
Japan |
Miscellaneous Fabricated Products |
5,028.5 |
10,113 |
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Miscellaneous Fabricated Products |
142.4 |
500 |
|
|
Subsidiary |
Shimonoseki, Yamaguchi |
Japan |
Miscellaneous Capital Goods |
160.8 |
468 |
|
|
Subsidiary |
Nantou City, Nantou |
Taiwan |
Miscellaneous Fabricated Products |
|
340 |
|
|
Subsidiary |
Sumida-Ku |
Japan |
Construction Services |
302.5 |
327 |
|
|
Facility |
Oita |
Japan |
Engineering Consultants |
|
45 |
|
|
Subsidiary |
Monrovia, CA |
United States |
Engineering Consultants |
21.5 |
8 |
|
|
Subsidiary |
Petaling Jaya, Selangor Darul Ehsan |
Malaysia |
Engineering Consultants |
18.8 |
6 |
|
|
Subsidiary |
Taichung City |
Taiwan |
Miscellaneous Fabricated Products |
|
240 |
|
|
Subsidiary |
San Isidro |
Peru |
Metal Mining |
80.9 |
237 |
|
|
Subsidiary |
Hachinohe, Aomori |
Japan |
Metal Mining |
74.3 |
200 |
|
|
Subsidiary |
Muang, Chon Buri |
Thailand |
Construction - Supplies and Fixtures |
|
197 |
|
|
Subsidiary |
Zhuhai, Guangdong |
China |
Chemical Manufacturing |
28.4 |
100 |
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Miscellaneous Fabricated Products |
40.7 |
60 |
|
|
Subsidiary |
Hoosick Falls, NY |
United States |
Construction - Supplies and Fixtures |
40.0 |
30 |
|
|
Subsidiary |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
|
10 |
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Auto and Truck Parts |
678.3 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Auto and Truck Parts |
|
670 |
|
|
Subsidiary |
Ammanford |
United Kingdom |
Auto and Truck Parts |
32.6 |
109 |
|
|
Subsidiary |
Fujisawa, Kanagawa |
Japan |
Trucking |
22.2 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Business Services |
13.9 |
|
|
|
Subsidiary |
Sumida-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
484.0 |
|
|
|
Subsidiary |
Hida, Gifu |
Japan |
Metal Mining |
452.4 |
|
|
|
Subsidiary |
Hida, Gifu |
Japan |
Business Services |
2.4 |
107 |
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Miscellaneous Fabricated Products |
145.9 |
|
|
|
Subsidiary |
Omuta, Fukuoka |
Japan |
Chemical Manufacturing |
113.2 |
|
|
|
Subsidiary |
Shimonoseki, Yamaguchi |
Japan |
Metal Mining |
112.4 |
|
|
|
Subsidiary |
Shimonoseki, Yamaguchi |
Japan |
Iron and Steel |
1.2 |
85 |
|
|
Subsidiary |
Omuta, Fukuoka |
Japan |
Miscellaneous Fabricated Products |
82.4 |
|
|
|
Subsidiary |
Ichikikushikino, Kagoshima |
Japan |
Gold and Silver |
66.5 |
|
|
|
Subsidiary |
Hida, Gifu |
Japan |
Miscellaneous Fabricated Products |
59.8 |
|
|
|
Subsidiary |
Iruma, Saitama |
Japan |
Construction - Supplies and Fixtures |
43.2 |
|
|
|
Subsidiary |
Tatebayashi, Gunma |
Japan |
Scientific and Technical Instruments |
36.6 |
|
|
|
Subsidiary |
Omuta, Fukuoka |
Japan |
Miscellaneous Capital Goods |
34.0 |
|
|
|
Subsidiary |
Funabashi, Chiba |
Japan |
Construction - Supplies and Fixtures |
30.5 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Insurance (Life) |
|
10,000 |
|
|
Joint Venture |
Tokyo |
Japan |
Computer Networks |
|
8,751 |
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
2,771 |
|
|
Subsidiary |
Chuo-Ku |
Japan |
Construction Services |
1,864.0 |
2,289 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Transportation |
370.1 |
1,800 |
|
|
Subsidiary |
Tokyo |
Japan |
Food Processing |
|
1,141 |
|
|
Subsidiary |
Tokyo |
Japan |
Furniture and Fixtures |
|
800 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Food Processing |
|
750 |
|
|
Subsidiary |
Santos, Sao Paulo |
Brazil |
Food Processing |
|
700 |
|
|
Subsidiary |
Tokyo |
Japan |
Iron and Steel |
|
665 |
|
|
Subsidiary |
Ota, Gunma |
Japan |
Miscellaneous Capital Goods |
164.0 |
47 |
|
|
Subsidiary |
Kitakyushu, Fukuoka |
Japan |
Miscellaneous Capital Goods |
238.9 |
|
|
|
Branch |
Chiyoda-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Fabricated Plastic and Rubber |
3,374.8 |
583 |
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Chemical Manufacturing |
33.7 |
4 |
|
|
Subsidiary |
Yuen Long, New Territories |
Hong Kong |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Oita, Prefecture |
Japan |
Communications Equipment |
178.5 |
500 |
|
|
Subsidiary |
Kitakyushu, Fukuoka |
Japan |
Electronic Instruments and Controls |
72.3 |
|
|
|
Subsidiary |
Diadema, Sao Paulo |
Brazil |
Trucking |
89.2 |
500 |
|
|
Branch |
Garin, Buenos Aires |
Argentina |
Trucking |
15.6 |
58 |
|
|
Subsidiary |
New York, NY |
United States |
Investment Services |
|
424 |
|
|
Subsidiary |
Louisville, KY |
United States |
Iron and Steel |
876.1 |
1,194 |
|
|
Subsidiary |
Guadalupe |
Mexico |
Construction - Supplies and Fixtures |
|
150 |
|
|
Branch |
Eminence, KY |
United States |
Iron and Steel |
197.3 |
147 |
|
|
Branch |
Portage, IN |
United States |
Iron and Steel |
17.3 |
130 |
|
|
Branch |
Canton, MI |
United States |
Miscellaneous Capital Goods |
23.5 |
125 |
|
|
Branch |
Ghent, KY |
United States |
Iron and Steel |
138.3 |
103 |
|
|
Branch |
Willoughby, OH |
United States |
Iron and Steel |
0.7 |
100 |
|
|
Branch |
Flint, MI |
United States |
Iron and Steel |
0.4 |
100 |
|
|
Branch |
Huger, SC |
United States |
Iron and Steel |
16.2 |
98 |
|
|
Branch |
Ottawa, OH |
United States |
Iron and Steel |
54.2 |
50 |
|
|
Branch |
Clinton, NC |
United States |
Miscellaneous Capital Goods |
3.4 |
50 |
|
|
Branch |
Greensburg, IN |
United States |
Iron and Steel |
75.0 |
40 |
|
|
Branch |
Madison, MS |
United States |
Business Services |
4.1 |
36 |
|
|
Branch |
Eminence, KY |
United States |
Iron and Steel |
20.1 |
15 |
|
|
Branch |
Livonia, MI |
United States |
Iron and Steel |
16.8 |
15 |
|
|
Branch |
Eminence, KY |
United States |
Recreational Activities |
0.2 |
4 |
|
|
Branch |
Decatur, AL |
United States |
Iron and Steel |
6.8 |
3 |
|
|
Branch |
Wilmington, NC |
United States |
Construction Services |
0.4 |
2 |
|
|
Subsidiary |
Phoenix, AZ |
United States |
Construction and Agriculture Machinery |
35.9 |
345 |
|
|
Subsidiary |
Saltillo, Coahuila |
Mexico |
Construction and Agriculture Machinery |
156.2 |
432 |
|
|
Subsidiary |
Columbia, MD |
United States |
Chemical Manufacturing |
|
100 |
|
|
Branch |
Nashville, TN |
United States |
Investment Services |
|
70 |
|
|
Subsidiary |
Irvine, CA |
United States |
Real Estate Operations |
|
65 |
|
|
Branch |
Beaumont, CA |
United States |
Real Estate Operations |
0.7 |
3 |
|
|
Subsidiary |
Ipswich, MA |
United States |
Miscellaneous Capital Goods |
9.8 |
50 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
6.2 |
50 |
|
|
Subsidiary |
Norwood, NJ |
United States |
Retail (Grocery) |
|
50 |
|
|
Branch |
Los Angeles, CA |
United States |
Retail (Grocery) |
4.2 |
15 |
|
|
Branch |
Corona, CA |
United States |
Food Processing |
2.2 |
1 |
|
|
Unit |
Oakland, CA |
United States |
Business Services |
|
|
|
|
Unit |
Los Angeles, CA |
United States |
Food Processing |
|
|
|
|
Subsidiary |
Franklin Lakes, NJ |
United States |
Miscellaneous Capital Goods |
8.8 |
40 |
|
|
Subsidiary |
Franklin, TN |
United States |
Oil and Gas Operations |
|
40 |
|
|
Branch |
Chicago, IL |
United States |
Investment Services |
|
39 |
|
|
Branch |
Campbell, CA |
United States |
Investment Services |
|
39 |
|
|
Subsidiary |
White Plains, NY |
United States |
Chemicals - Plastics and Rubber |
|
25 |
|
|
Branch |
Torrance, CA |
United States |
Chemicals - Plastics and Rubber |
10.8 |
9 |
|
|
Subsidiary |
Carson, CA |
United States |
Railroads |
|
18 |
|
|
Branch |
Richfield, OH |
United States |
Construction - Supplies and Fixtures |
2.9 |
9 |
|
|
Branch |
Washington, DC |
United States |
Investment Services |
|
8 |
|
|
Branch |
Menlo Park, CA |
United States |
Investment Services |
|
8 |
|
|
Subsidiary |
San Jose, CA |
United States |
Electric Utilities |
1.8 |
7 |
|
|
Branch |
Portland, OR |
United States |
Miscellaneous Capital Goods |
14.7 |
6 |
|
|
Branch |
Irvine, CA |
United States |
Miscellaneous Capital Goods |
10.8 |
4 |
|
|
Branch |
Seattle, WA |
United States |
Business Services |
8.5 |
3 |
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Chemical Manufacturing |
52.4 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Apparel and Accessories |
1,217.5 |
382 |
|
|
Subsidiary |
Tsim Sha Tsui East, Kowloon |
Hong Kong |
Apparel and Accessories |
15.9 |
40 |
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
374 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Fabricated Products |
3,296.6 |
340 |
|
|
Unit |
Sakai, Osaka |
Japan |
Construction - Supplies and Fixtures |
|
30 |
|
|
MITSUI BUSSAN METALS CO., LTD. - CHUBU SCRAP &
FERRO ALLOY DIVISION |
Division |
Nagoya |
Japan |
Construction - Supplies and Fixtures |
|
30 |
|
MITSUI BUSSAN METALS CO., LTD. - OSAKA SCRAP &
FERRO ALLOY DIVISION |
Division |
Osaka |
Japan |
Iron and Steel |
|
20 |
|
MITSUI BUSSAN METALS CO., LTD. - CHUBU NON-FERROUS
METALS SALES DIVISION |
Division |
Nagoya |
Japan |
Metal Mining |
|
10 |
|
Branch |
Himeji, Hyogo |
Japan |
Waste Management Services |
|
|
|
|
Branch |
Oita, Oita |
Japan |
Waste Management Services |
|
|
|
|
MITSUI BUSSAN METALS CO., LTD. - IRON MAKING RAW
MATERIALS UNIT |
Unit |
Tokyo |
Japan |
Miscellaneous Fabricated Products |
|
|
|
MITSUI BUSSAN METALS CO., LTD. - METALLURGICAL COAL
DIVISION |
Division |
Tokyo |
Japan |
Iron and Steel |
|
300 |
|
Division |
Tokyo |
Japan |
Metal Mining |
|
20 |
|
|
Division |
Sapporo, Hokkaido |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Division |
Toyama |
Japan |
Miscellaneous Fabricated Products |
|
|
|
|
MITSUI BUSSAN METALS CO., LTD. - OSAKA NON-FERROUS METALS
SALES DIVISION |
Division |
Osaka |
Japan |
Miscellaneous Fabricated Products |
|
|
|
Division |
Sendai |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
MITSUI BUSSAN METALS CO., LTD. - CHUGOKU AND SHIKOKU
BUSINESS DIVISION |
Division |
Hiroshima |
Japan |
Miscellaneous Capital Goods |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Metal Mining |
|
300 |
|
|
Subsidiary |
Sathon, Bangkok |
Thailand |
Miscellaneous Transportation |
8.2 |
51 |
|
|
Subsidiary |
Pathumwan, Bangkok |
Thailand |
Construction Services |
159.5 |
10 |
|
|
Subsidiary |
Sathon, Bangkok |
Thailand |
Investment Services |
|
8 |
|
|
Subsidiary |
Tokyo |
Japan |
Oil and Gas Operations |
|
300 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
164.4 |
298 |
|
|
Subsidiary |
Derby |
United Kingdom |
Trucking |
15.7 |
103 |
|
|
Subsidiary |
Leeds |
United Kingdom |
Personal and Household Products |
41.2 |
91 |
|
|
Subsidiary |
Chelmsford |
United Kingdom |
Business Services |
2.9 |
56 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
2 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Bristol |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Bristol |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Bristol |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Miscellaneous Capital Goods |
914.8 |
250 |
|
|
Mitsui Coal Holdings Pty Ltd |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Chon Buri |
Thailand |
Auto and Truck Manufacturers |
|
250 |
|
|
Subsidiary |
Tokyo |
Japan |
Biotechnology and Drugs |
|
233 |
|
|
Subsidiary |
Shenzhen, Guangdong Province |
China |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Shunan, Yamaguchi |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
1,560.6 |
230 |
|
|
Subsidiary |
Warsaw |
Poland |
Business Services |
|
20 |
|
|
Subsidiary |
Prague |
Czech Republic |
Business Services |
|
20 |
|
|
Subsidiary |
Bucharest |
Romania |
Business Services |
|
9 |
|
|
Subsidiary |
Budapest |
Hungary |
Business Services |
|
6 |
|
|
Subsidiary |
Petite Foret |
France |
Miscellaneous Transportation |
43.8 |
224 |
|
|
Subsidiary |
Jakarta |
Indonesia |
Chemical Manufacturing |
|
223 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
435.2 |
210 |
|
|
Subsidiary |
Maarssen, Utrecht |
Netherlands |
Construction and Agriculture Machinery |
178.5 |
201 |
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
923.9 |
200 |
|
|
Subsidiary |
New York, NY |
United States |
Retail (Apparel) |
45.0 |
200 |
|
|
Subsidiary |
Bangkok |
Thailand |
Oil and Gas Operations |
|
200 |
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Metal Mining |
|
200 |
|
|
Subsidiary |
Tokyo |
Japan |
Construction - Raw Materials |
|
200 |
|
|
Subsidiary |
Bangkok |
Thailand |
Consumer Financial Services |
|
200 |
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
187 |
|
|
Subsidiary |
Ota-Ku, Tokyo |
Japan |
Airlines |
48.3 |
153 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Transportation |
|
153 |
|
|
Subsidiary |
Taipei |
Taiwan |
Metal Mining |
|
150 |
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Chemical Manufacturing |
189.8 |
146 |
|
|
Subsidiary |
Tokyo |
Japan |
Oil Well Services and Equipment |
1,266.8 |
140 |
|
|
Subsidiary |
Tokyo |
Japan |
Oil Well Services and Equipment |
|
150 |
|
|
Subsidiary |
Sathon, Bangkok |
Thailand |
Oil Well Services and Equipment |
|
70 |
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Oil and Gas Operations |
70.1 |
1 |
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Oil and Gas Operations |
38.7 |
1 |
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Oil and Gas Operations |
|
|
|
|
Subsidiary |
Phnom Penh |
Cambodia |
Oil Well Services and Equipment |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Oil Well Services and Equipment |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
|
140 |
|
|
Subsidiary |
Jakarta, Jakarta |
Indonesia |
Food Processing |
23.8 |
705 |
|
|
Subsidiary |
Shanghai |
China |
Metal Mining |
|
140 |
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Metal Mining |
|
120 |
|
|
Subsidiary |
Tokyo |
Japan |
Aerospace and Defense |
|
120 |
|
|
Subsidiary |
Jakarta |
Indonesia |
Metal Mining |
|
120 |
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Office Supplies |
|
10 |
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
118 |
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Beijing |
China |
Metal Mining |
16.9 |
110 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Auto and Truck Manufacturers |
|
110 |
|
|
Branch |
Rio de Janeiro, RJ |
Brazil |
Business Services |
|
45 |
|
|
Branch |
Belo Horizonte, MG |
Brazil |
Metal Mining |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Financial Services |
5,490.7 |
104 |
|
|
Subsidiary |
Makati |
Philippines |
Chemical Manufacturing |
|
50 |
|
|
Subsidiary |
New Delhi |
India |
Business Services |
|
100 |
|
|
Branch |
New Delhi |
India |
Construction and Agriculture Machinery |
|
350 |
|
|
Branch |
Mumbai |
India |
Business Services |
|
60 |
|
|
Branch |
Chennai, Guindy |
India |
Business Services |
|
16 |
|
|
Branch |
Kolkata |
India |
Business Services |
|
15 |
|
|
Branch |
Goa |
India |
Chemical Manufacturing |
|
6 |
|
|
Branch |
Bengaluru, Karnataka |
India |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Makati |
Philippines |
Business Services |
|
100 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Metal Mining |
|
100 |
|
|
Subsidiary |
Jakarta |
Indonesia |
Metal Mining |
|
100 |
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Fabricated Plastic and Rubber |
|
100 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Investment Services |
|
95 |
|
|
Subsidiary |
Tokyo |
Japan |
Security Systems and Services |
|
95 |
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
74.6 |
93 |
|
|
Subsidiary |
Osaka |
Japan |
Apparel and Accessories |
|
91 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Metal Mining |
|
90 |
|
|
Subsidiary |
Tokyo |
Japan |
Containers and Packaging |
|
90 |
|
|
Subsidiary |
Ichihara, Chiba |
Japan |
Construction - Supplies and Fixtures |
76.6 |
88 |
|
|
Subsidiary |
Toronto, ON |
Canada |
Miscellaneous Capital Goods |
3,720.9 |
80 |
|
|
Branch |
Vancouver, BC |
Canada |
Investment Services |
|
15 |
|
|
Subsidiary |
Singapore |
Singapore |
Oil and Gas Operations |
|
80 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
290.9 |
75 |
|
|
Subsidiary |
Yachiyo, Chiba |
Japan |
Construction - Supplies and Fixtures |
65.7 |
73 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Business Services |
|
67 |
|
|
Subsidiary |
Tehran |
Iran |
Metal Mining |
|
60 |
|
|
Subsidiary |
Mexico |
Mexico |
Metal Mining |
|
60 |
|
|
Subsidiary |
Fukuoka |
Japan |
Construction - Supplies and Fixtures |
|
56 |
|
|
Subsidiary |
Shibuya-Ku, Tokyo |
Japan |
Broadcasting and Cable Television |
61.2 |
55 |
|
|
Subsidiary |
Makati |
Philippines |
Miscellaneous Capital Goods |
|
51 |
|
|
Subsidiary |
Tokyo |
Japan |
Auto and Truck Parts |
84.7 |
50 |
|
|
Subsidiary |
Calgary, AB |
Canada |
Miscellaneous Capital Goods |
|
50 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Financial Services |
|
50 |
|
|
Subsidiary |
Chittagong |
Bangladesh |
Business Services |
|
45 |
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
|
44 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemical Manufacturing |
750.6 |
42 |
|
|
Subsidiary |
Paris |
France |
Business Services |
377.4 |
40 |
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Business Services |
|
40 |
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Construction - Supplies and Fixtures |
|
9 |
|
|
Subsidiary |
Singapore |
Singapore |
Business Services |
|
40 |
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
40 |
|
|
Subsidiary |
Santiago |
Chile |
Metal Mining |
|
40 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
40 |
|
|
Subsidiary |
Calamba, Laguna |
Philippines |
Miscellaneous Transportation |
|
50 |
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Chemical Manufacturing |
44.4 |
39 |
|
|
Subsidiary |
Guangzhou |
China |
Metal Mining |
|
35 |
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Business Services |
4.9 |
32 |
|
|
Subsidiary |
Perth, WA |
Australia |
Oil Well Services and Equipment |
|
32 |
|
|
Subsidiary |
Ritthem, Zeeland |
Netherlands |
Miscellaneous Fabricated Products |
103.1 |
30 |
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
|
30 |
|
|
Subsidiary |
Zhuhai, Guangdong |
China |
Miscellaneous Fabricated Products |
6.4 |
100 |
|
|
Subsidiary |
Omuta, Fukuoka |
Japan |
Auto and Truck Parts |
16.8 |
|
|
|
Subsidiary |
Bogota |
Colombia |
Metal Mining |
|
30 |
|
|
Subsidiary |
Karachi |
Pakistan |
Business Services |
|
30 |
|
|
Subsidiary |
Sandton |
South Africa |
Miscellaneous Capital Goods |
|
30 |
|
|
Subsidiary |
Dhaka |
Bangladesh |
Business Services |
|
30 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Transportation |
|
30 |
|
|
Subsidiary |
Tokyo |
Japan |
Rental and Leasing |
|
30 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Transportation |
89.0 |
25 |
|
|
Subsidiary |
Libreville |
Gabon |
Miscellaneous Transportation |
|
150 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Financial Services |
|
100 |
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Transportation |
|
50 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Kwai Chung, New Territories |
Hong Kong |
Rental and Leasing |
|
10 |
|
|
Subsidiary |
Kwai Chung, New Territories |
Hong Kong |
Miscellaneous Transportation |
|
6 |
|
|
Subsidiary |
Changwon, Gyeongsangnam-do |
Korea, Republic of |
Construction Services |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Software and Programming |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Investment Services |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Rental and Leasing |
|
80 |
|
|
Subsidiary |
Singapore |
Singapore |
Rental and Leasing |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Rental and Leasing |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Business Services |
|
25 |
|
|
Subsidiary |
Esentepe, Istanbul |
Turkey |
Business Services |
|
25 |
|
|
Subsidiary |
Perth, WA |
Australia |
Business Services |
|
25 |
|
|
Subsidiary |
Caracas |
Venezuela |
Metal Mining |
|
23 |
|
|
Subsidiary |
Tokyo |
Japan |
Construction Services |
|
22 |
|
|
Subsidiary |
Vancouver, BC |
Canada |
Miscellaneous Capital Goods |
|
21 |
|
|
Subsidiary |
Osborne Park, WA |
Australia |
Forestry and Wood Products |
36.2 |
20 |
|
|
Subsidiary |
Houston, TX |
United States |
Oil Well Services and Equipment |
4.4 |
20 |
|
|
Subsidiary |
Madrid |
Spain |
Chemical Manufacturing |
|
20 |
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Metal Mining |
|
20 |
|
|
Subsidiary |
Al Khobar |
Saudi Arabia |
Business Services |
|
20 |
|
|
Subsidiary |
Kaohsiung |
Taiwan |
Metal Mining |
|
20 |
|
|
Subsidiary |
Istanbul |
Turkey |
Chemical Manufacturing |
|
20 |
|
|
Bussan Sumisho Carbon Enagy Co.,Ltd.(A
Mitsui&Co.,Ltd.& Sumitomo Corp Alliance) |
Subsidiary |
Bunkyo-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
377.4 |
19 |
|
Subsidiary |
Pusan, Pusan |
Korea, Republic of |
Miscellaneous Transportation |
3.5 |
19 |
|
|
Subsidiary |
Kuwait |
Kuwait |
Business Services |
|
18 |
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
17 |
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
16 |
|
|
Subsidiary |
Sumida-Ku, Tokyo |
Japan |
Appliance and Tool |
61.5 |
|
|
|
Subsidiary |
Stockholm |
Sweden |
Metal Mining |
162.4 |
15 |
|
|
Subsidiary |
Giza, ARE |
Egypt |
Business Services |
|
15 |
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Personal Services |
|
15 |
|
|
Subsidiary |
Brussels |
Belgium |
Chemical Manufacturing |
|
15 |
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Oil and Gas Operations |
1,264.6 |
14 |
|
|
Subsidiary |
Tianjin |
China |
Metal Mining |
|
14 |
|
|
Subsidiary |
Central |
Hong Kong |
Miscellaneous Capital Goods |
|
14 |
|
|
Subsidiary |
Ciudad De Buenos Aires |
Argentina |
Chemical Manufacturing |
|
13 |
|
|
Subsidiary |
Oslo |
Norway |
Electronic Instruments and Controls |
191.0 |
12 |
|
|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Business Services |
|
12 |
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Business Services |
|
10 |
|
|
Subsidiary |
Yangon |
Myanmar (Burma) |
Business Services |
|
10 |
|
|
Subsidiary |
Casablanca |
Morocco |
Business Services |
|
10 |
|
|
Subsidiary |
Lagos |
Nigeria |
Business Services |
|
10 |
|
|
Subsidiary |
Lahore |
Pakistan |
Business Services |
|
10 |
|
|
Subsidiary |
Dalian, Zhongshan Lu |
China |
Metal Mining |
|
10 |
|
|
Subsidiary |
Tokyo |
Japan |
Apparel and Accessories |
8.9 |
9 |
|
|
Subsidiary |
Auckland |
New Zealand |
Business Services |
95.5 |
8 |
|
|
Subsidiary |
Barcelona |
Spain |
Business Services |
|
8 |
|
|
Subsidiary |
Singapore |
Singapore |
Investment Services |
|
7 |
|
|
Subsidiary |
Lisbon |
Portugal |
Business Services |
|
7 |
|
|
Subsidiary |
Ruwi |
Oman |
Communications Services |
|
7 |
|
|
Subsidiary |
Amman |
Jordan |
Business Services |
|
5 |
|
|
Subsidiary |
New York, NY |
United States |
Investment Services |
4.3 |
3 |
|
|
Subsidiary |
Islamabad |
Pakistan |
Business Services |
|
3 |
|
|
Subsidiary |
Montreal, QC |
Canada |
Miscellaneous Capital Goods |
|
3 |
|
|
Subsidiary |
Dublin |
Ireland |
Business Services |
|
3 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Business Services |
|
3 |
|
|
Subsidiary |
Perth, WA |
Australia |
Miscellaneous Capital Goods |
952.4 |
2 |
|
|
Subsidiary |
Manama |
Bahrain |
Miscellaneous Capital Goods |
|
2 |
|
|
Companhia de Desenvolvimento E Modernização de
Plantas Industriais |
Subsidiary |
Rio De Janeiro, Rio de Janeiro |
Brazil |
Engineering Consultants |
|
2 |
|
Subsidiary |
Luanda |
Angola |
Business Services |
|
2 |
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
954.7 |
1 |
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Miscellaneous Financial Services |
39.2 |
|
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Oil and Gas Operations |
|
|
|
|
Subsidiary |
Nantes |
France |
Chemical Manufacturing |
1.7 |
1 |
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Miscellaneous Financial Services |
|
1 |
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Food Processing |
3,119.7 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Chemical Manufacturing |
1,683.4 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Food Processing |
1,338.4 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
367.4 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Business Services |
187.4 |
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Water Transportation |
131.7 |
|
|
|
Branch |
Kuga-Gun, Yamaguchi |
Japan |
Water Transportation |
|
|
|
|
Branch |
Chiyoda-Ku, Tokyo |
Japan |
Water Transportation |
|
|
|
|
Branch |
Ichihara, Chiba |
Japan |
Water Transportation |
|
|
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Consumer Financial Services |
107.2 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Rental and Leasing |
98.3 |
29 |
|
|
Subsidiary |
Hiratsuka, Kanagawa |
Japan |
Chemical Manufacturing |
99.1 |
|
|
|
Branch |
Gifu City |
Japan |
Chemical Manufacturing |
|
60 |
|
|
Subsidiary |
Sano, Tochigi |
Japan |
Construction - Supplies and Fixtures |
98.6 |
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Real Estate Operations |
91.1 |
|
|
|
Subsidiary |
San Pedro Garza GarcÃa, Nuevo Leon |
Mexico |
Construction Services |
58.6 |
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Retail (Drugs) |
46.5 |
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Food Processing |
36.8 |
|
|
|
Subsidiary |
Zug, Zug |
Switzerland |
Crops |
0.4 |
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Miscellaneous Transportation |
1,049.9 |
860 |
|
|
Subsidiary |
Ciudad De Buenos Aires |
Argentina |
Crops |
68.4 |
15 |
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Crops |
120.3 |
|
|
|
Subsidiary |
San Pedro Garza GarcÃa, Nuevo León |
Mexico |
Water Utilities |
|
|
|
|
Subsidiary |
Lima |
Peru |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Lima |
Peru |
Retail (Specialty) |
|
|
|
|
Subsidiary |
La Molina |
Peru |
Consumer Financial Services |
13.8 |
85 |
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Amsterdam Zuidoost, Noord-Holland |
Netherlands |
Business Services |
|
|
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Consumer Financial Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Food Processing |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Aerospace and Defense |
|
|
|
|
Subsidiary |
Irving, TX |
United States |
Aerospace and Defense |
|
10 |
|
|
Branch |
Long Beach, CA |
United States |
Retail (Specialty) |
3.1 |
5 |
|
|
Branch |
Honolulu, HI |
United States |
Advertising |
0.4 |
2 |
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Lima |
Peru |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Chita, Aichi |
Japan |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Athens |
Greece |
Construction Services |
|
|
|
|
Subsidiary |
Pathumthani |
Thailand |
Construction - Supplies and Fixtures |
|
|
|
|
Branch |
Phan Thong, Chon Buri |
Thailand |
Miscellaneous Fabricated Products |
|
124 |
|
|
Facility |
Chon Buri |
Thailand |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Tashkent |
Uzbekistan |
Nonclassifiable Industries |
|
|
|
|
Branch |
Riyadh |
Saudi Arabia |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Monterrey |
Mexico |
Metal Mining |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Oil and Gas Operations |
|
|
|
|
Subsidiary |
Funabashi, Chiba |
Japan |
Retail (Specialty) |
856.9 |
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Auto and Truck Manufacturers |
|
|
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Rotterdam, Zuid-Holland |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
Branch |
Sapporo, Hokkaido |
Japan |
Investment Services |
|
|
|
|
Branch |
Sendai, Miyagi |
Japan |
Investment Services |
|
|
|
|
Branch |
Nagoya, Aichi |
Japan |
Investment Services |
|
|
|
|
Branch |
Osaka, Osaka |
Japan |
Investment Services |
|
|
|
|
Branch |
Fukuoka, Fukuoka |
Japan |
Investment Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Rio de Janeiro |
Brazil |
Natural Gas Utilities |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Broadcasting and Cable Television |
|
|
|
|
Subsidiary |
Dhaka, Dhaka |
Bangladesh |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Takamatsu, Kagawa |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
17.5 |
32 |
|
|
Branch |
Hiroshima, Hiroshima |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Sapporo, Hokkaido |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Toyama, Toyama |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Toyota, Aichi |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Niigata, Niigata |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Branch |
Sendai, Miyagi |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Real Estate Operations |
|
|
|
|
Subsidiary |
Guatemala |
Guatemala |
Metal Mining |
|
|
|
|
Subsidiary |
Harare |
Zimbabwe |
Business Services |
|
|
|
|
Joint Venture |
Osaka |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Perth, WA |
Australia |
Metal Mining |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Real Estate Operations |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Business Services |
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Investment Services |
|
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Investment Services |
|
|
|
|
Subsidiary |
Flushing, NY |
United States |
Business Services |
|
|
|
|
Subsidiary |
Sano, Tochigi |
Japan |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Consumer Financial Services |
|
|
|
|
Subsidiary |
New York, NY |
United States |
Jewelry and Silverware |
|
|
|
|
Subsidiary |
New York, NY |
United States |
Investment Services |
|
|
|
|
Subsidiary |
Brea, CA |
United States |
Food Processing |
|
|
|
|
Subsidiary |
Ho Chi Minh City |
Viet Nam |
Oil and Gas Operations |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Consumer Financial Services |
|
|
|
|
Subsidiary |
Sao Paulo |
Brazil |
Rental and Leasing |
|
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Investment Services |
|
|
|
|
Subsidiary |
Urasoe, Okinawa |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Chicago, IL |
United States |
Rental and Leasing |
|
|
|
|
Agriguard Holdings Limited |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Dublin |
Ireland |
Chemical Manufacturing |
16.8 |
6 |
|
Executives Report
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
|
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Restated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
|
Deloitte Touche Tohmatsu
LLC |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
59,197.1 |
66,508.6 |
54,608.1 |
44,075.7 |
54,782.6 |
|
Revenue |
59,197.1 |
66,508.6 |
54,608.1 |
44,075.7 |
54,782.6 |
|
Total Revenue |
59,197.1 |
66,508.6 |
54,608.1 |
44,075.7 |
54,782.6 |
|
|
|
|
|
|
|
|
Cost of Revenue |
49,670.3 |
55,385.7 |
44,581.1 |
36,523.0 |
44,838.1 |
|
Cost of Revenue, Total |
49,670.3 |
55,385.7 |
44,581.1 |
36,523.0 |
44,838.1 |
|
Gross Profit |
9,526.8 |
11,122.9 |
10,026.9 |
7,552.8 |
9,944.5 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
6,458.2 |
6,710.8 |
6,219.9 |
5,877.1 |
5,958.8 |
|
Total Selling/General/Administrative Expenses |
6,458.2 |
6,710.8 |
6,219.9 |
5,877.1 |
5,958.8 |
|
Litigation |
- |
0.0 |
1,033.4 |
0.0 |
- |
|
Impairment-Assets Held for Use |
148.8 |
231.2 |
220.5 |
200.4 |
559.9 |
|
Impairment-Assets Held for Sale |
328.8 |
424.0 |
227.1 |
521.7 |
1,167.0 |
|
Other Unusual Expense (Income) |
- |
- |
107.7 |
120.8 |
179.3 |
|
Unusual Expense (Income) |
477.5 |
655.2 |
1,588.7 |
842.9 |
1,906.1 |
|
Total Operating Expense |
56,606.0 |
62,751.8 |
52,389.7 |
43,242.9 |
52,703.0 |
|
|
|
|
|
|
|
|
Operating Income |
2,591.1 |
3,756.8 |
2,218.3 |
832.8 |
2,079.5 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
- |
-539.7 |
-474.6 |
-498.3 |
-740.0 |
|
Interest Expense, Net Non-Operating |
- |
-539.7 |
-474.6 |
-498.3 |
-740.0 |
|
Interest Income -
Non-Operating |
- |
470.8 |
466.4 |
386.0 |
394.3 |
|
Investment Income -
Non-Operating |
1,506.1 |
1,372.8 |
1,056.3 |
631.2 |
1,046.7 |
|
Interest/Investment Income - Non-Operating |
1,506.1 |
1,843.6 |
1,522.8 |
1,017.2 |
1,441.0 |
|
Interest Income (Expense) - Net Non-Operating |
-14.3 |
- |
- |
- |
- |
|
Interest Income (Expense) - Net Non-Operating Total |
1,491.8 |
1,303.9 |
1,048.2 |
519.0 |
701.0 |
|
Gain (Loss) on Sale of Assets |
74.8 |
72.1 |
2.7 |
0.1 |
35.7 |
|
Other Non-Operating Income (Expense) |
-372.0 |
100.2 |
-86.9 |
4.3 |
-406.1 |
|
Other, Net |
-372.0 |
100.2 |
-86.9 |
4.3 |
-406.1 |
|
Income Before Tax |
3,785.7 |
5,233.1 |
3,182.3 |
1,356.1 |
2,410.1 |
|
|
|
|
|
|
|
|
Total Income Tax |
1,908.5 |
2,186.2 |
2,379.5 |
959.9 |
1,534.2 |
|
Income After Tax |
1,877.2 |
3,046.9 |
802.8 |
396.2 |
875.9 |
|
|
|
|
|
|
|
|
Minority Interest |
-289.9 |
-483.6 |
-50.0 |
-191.3 |
-349.2 |
|
Equity In Affiliates |
2,124.0 |
2,939.3 |
2,825.8 |
1,414.6 |
1,200.8 |
|
Net Income Before Extraord Items |
3,711.3 |
5,502.7 |
3,578.6 |
1,619.4 |
1,727.4 |
|
Discontinued Operations |
- |
- |
0.0 |
-8.5 |
40.1 |
|
Total Extraord Items |
- |
- |
0.0 |
-8.5 |
40.1 |
|
Net Income |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.9 |
1,767.5 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
3,711.3 |
5,502.7 |
3,578.6 |
1,619.4 |
1,727.4 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.9 |
1,767.5 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
1,825.0 |
1,824.9 |
1,824.8 |
1,823.2 |
1,820.0 |
|
Basic EPS Excl Extraord Items |
2.03 |
3.02 |
1.96 |
0.89 |
0.95 |
|
Basic/Primary EPS Incl Extraord Items |
2.03 |
3.02 |
1.96 |
0.88 |
0.97 |
|
Dilution Adjustment |
- |
0.0 |
0.0 |
-0.2 |
0.3 |
|
Diluted Net Income |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.7 |
1,767.8 |
|
Diluted Weighted Average Shares |
1,825.0 |
1,824.9 |
1,824.8 |
1,823.2 |
1,825.2 |
|
Diluted EPS Excl Extraord Items |
2.03 |
3.02 |
1.96 |
0.89 |
0.95 |
|
Diluted EPS Incl Extraord Items |
2.03 |
3.02 |
1.96 |
0.88 |
0.97 |
|
Dividends per Share - Common Stock Primary Issue |
0.52 |
0.70 |
0.55 |
0.19 |
0.25 |
|
Gross Dividends - Common Stock |
- |
1,271.5 |
1,001.2 |
353.6 |
453.1 |
|
Interest Expense, Supplemental |
- |
539.7 |
474.6 |
498.3 |
740.0 |
|
Depreciation, Supplemental |
2,396.7 |
1,943.7 |
1,720.0 |
1,473.5 |
1,388.9 |
|
Total Special Items |
402.7 |
583.1 |
1,586.1 |
842.8 |
1,870.5 |
|
Normalized Income Before Tax |
4,188.4 |
5,816.2 |
4,768.4 |
2,198.9 |
4,280.6 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
203.0 |
243.6 |
555.1 |
295.0 |
654.7 |
|
Inc Tax Ex Impact of Sp Items |
2,111.5 |
2,429.8 |
2,934.6 |
1,254.9 |
2,188.9 |
|
Normalized Income After Tax |
2,076.8 |
3,386.4 |
1,833.8 |
944.0 |
2,091.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
3,911.0 |
5,842.2 |
4,609.6 |
2,167.3 |
2,943.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
2.14 |
3.20 |
2.53 |
1.19 |
1.62 |
|
Diluted Normalized EPS |
2.14 |
3.20 |
2.53 |
1.19 |
1.61 |
|
Advertising Expense, Supplemental |
- |
56.1 |
48.8 |
63.2 |
80.9 |
|
Research & Development Exp, Supplemental |
- |
42.2 |
44.8 |
38.8 |
34.6 |
|
Reported Operating Profit |
3,068.6 |
4,412.1 |
3,699.4 |
1,554.9 |
3,806.4 |
|
Normalized EBIT |
3,068.6 |
4,412.1 |
3,807.1 |
1,675.7 |
3,985.7 |
|
Normalized EBITDA |
5,465.3 |
6,355.8 |
5,527.1 |
3,149.2 |
5,374.6 |
|
Current Tax - Domestic |
- |
- |
- |
404.2 |
315.3 |
|
Current Tax - Foreign |
- |
- |
- |
731.6 |
1,030.4 |
|
Current Tax - Total |
2,197.5 |
2,365.9 |
- |
- |
- |
|
Current Tax - Total |
2,197.5 |
2,365.9 |
- |
1,135.9 |
1,345.7 |
|
Deferred Tax - Domestic |
- |
- |
- |
-207.3 |
217.2 |
|
Deferred Tax - Foreign |
- |
- |
- |
31.3 |
-28.7 |
|
Deferred Tax - Total |
-289.0 |
-179.7 |
- |
- |
- |
|
Deferred Tax - Total |
-289.0 |
-179.7 |
- |
-175.9 |
188.5 |
|
Income Tax - Total |
1,908.5 |
2,186.2 |
- |
959.9 |
1,534.2 |
|
Interest Cost - Domestic |
- |
80.0 |
74.3 |
68.1 |
62.5 |
|
Service Cost - Domestic |
- |
99.8 |
115.0 |
96.6 |
99.8 |
|
Prior Service Cost - Domestic |
- |
0.4 |
2.0 |
-0.1 |
-1.7 |
|
Expected Return on Assets - Domestic |
- |
-100.1 |
-93.4 |
-85.5 |
-94.2 |
|
Actuarial Gains and Losses - Domestic |
- |
280.5 |
85.2 |
137.6 |
28.4 |
|
Curtailments & Settlements - Domestic |
- |
0.0 |
-0.2 |
13.7 |
0.0 |
|
Domestic Pension Plan Expense |
- |
360.5 |
182.8 |
230.3 |
94.8 |
|
Total Pension Expense |
- |
360.5 |
182.8 |
230.3 |
94.8 |
|
Discount Rate - Domestic |
- |
2.50% |
2.60% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
- |
3.30% |
3.40% |
3.30% |
3.20% |
|
Compensation Rate - Domestic |
- |
0.90% |
0.90% |
0.80% |
0.80% |
|
Total Plan Interest Cost |
- |
80.0 |
74.3 |
68.1 |
62.5 |
|
Total Plan Service Cost |
- |
99.8 |
115.0 |
96.6 |
99.8 |
|
Total Plan Expected Return |
- |
-100.1 |
-93.4 |
-85.5 |
-94.2 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
|
Deloitte Touche
Tohmatsu LLC |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
15,197.5 |
17,421.1 |
17,418.4 |
15,153.7 |
11,678.2 |
|
Short Term Investments |
3.9 |
13.2 |
67.6 |
46.7 |
183.2 |
|
Cash and Short Term Investments |
15,201.4 |
17,434.3 |
17,485.9 |
15,200.4 |
11,861.4 |
|
Accounts Receivable -
Trade, Gross |
17,100.0 |
19,617.5 |
17,659.3 |
14,793.0 |
14,296.1 |
|
Provision for Doubtful
Accounts |
-175.0 |
-216.8 |
-197.5 |
-197.2 |
-183.9 |
|
Trade Accounts Receivable - Net |
16,925.0 |
19,400.7 |
17,461.8 |
14,595.8 |
14,112.1 |
|
Notes Receivable - Short Term |
3,093.4 |
3,915.6 |
3,590.2 |
3,136.1 |
3,024.0 |
|
Total Receivables, Net |
20,018.4 |
23,316.2 |
21,051.9 |
17,731.9 |
17,136.1 |
|
Total Inventory |
7,934.9 |
6,260.3 |
5,638.9 |
5,402.9 |
5,999.1 |
|
Prepaid Expenses |
1,436.1 |
1,577.8 |
1,503.8 |
1,032.6 |
1,000.0 |
|
Deferred Income Tax - Current Asset |
166.3 |
455.3 |
499.2 |
426.0 |
303.4 |
|
Other Current Assets |
4,468.1 |
4,683.1 |
5,915.3 |
5,808.6 |
8,441.6 |
|
Other Current Assets, Total |
4,634.4 |
5,138.4 |
6,414.5 |
6,234.7 |
8,745.1 |
|
Total Current Assets |
49,225.2 |
53,727.1 |
52,095.1 |
45,602.4 |
44,741.7 |
|
|
|
|
|
|
|
|
Buildings |
4,700.4 |
4,872.8 |
4,351.4 |
4,077.8 |
3,486.8 |
|
Land/Improvements |
2,325.5 |
2,462.0 |
1,794.4 |
1,696.6 |
1,673.1 |
|
Machinery/Equipment |
18,182.1 |
16,377.8 |
13,475.3 |
10,805.5 |
9,143.2 |
|
Construction in
Progress |
2,498.5 |
1,854.6 |
1,724.9 |
1,821.7 |
1,558.4 |
|
Other
Property/Plant/Equipment |
2,159.1 |
1,929.6 |
1,952.7 |
1,418.1 |
1,561.7 |
|
Property/Plant/Equipment - Gross |
29,865.5 |
27,496.8 |
23,298.7 |
19,819.7 |
17,423.2 |
|
Accumulated Depreciation |
-13,176.3 |
-12,252.8 |
-10,862.0 |
-9,347.1 |
-7,842.4 |
|
Property/Plant/Equipment - Net |
16,689.3 |
15,244.0 |
12,436.6 |
10,472.6 |
9,580.7 |
|
Intangibles, Net |
1,258.9 |
1,338.9 |
1,056.0 |
906.9 |
977.1 |
|
LT Investment - Affiliate Companies |
24,713.5 |
20,745.0 |
19,314.9 |
15,015.6 |
12,913.7 |
|
LT Investments - Other |
3,514.0 |
3,310.6 |
3,133.2 |
2,397.3 |
2,016.8 |
|
Long Term Investments |
28,227.5 |
24,055.6 |
22,448.1 |
17,412.8 |
14,930.6 |
|
Note Receivable - Long Term |
5,568.2 |
5,513.0 |
5,520.0 |
4,851.2 |
4,924.7 |
|
Deferred Income Tax - Long Term Asset |
335.2 |
189.7 |
175.2 |
143.2 |
212.7 |
|
Other Long Term Assets |
8,428.3 |
9,318.0 |
10,010.8 |
10,176.2 |
9,316.5 |
|
Other Long Term Assets, Total |
8,763.5 |
9,507.6 |
10,186.0 |
10,319.3 |
9,529.3 |
|
Total Assets |
109,732.6 |
109,386.2 |
103,741.8 |
89,565.3 |
84,684.0 |
|
|
|
|
|
|
|
|
Accounts Payable |
15,286.5 |
16,293.5 |
15,887.7 |
13,998.1 |
13,086.2 |
|
Accrued Expenses |
1,041.1 |
1,333.8 |
211.5 |
205.2 |
207.6 |
|
Notes Payable/Short Term Debt |
7,537.4 |
4,375.0 |
3,512.4 |
2,977.4 |
5,114.0 |
|
Current Portion - Long Term Debt/Capital Leases |
4,476.8 |
4,523.3 |
3,726.9 |
3,429.8 |
3,778.4 |
|
Customer Advances |
1,046.6 |
1,296.2 |
1,543.9 |
1,184.8 |
1,337.6 |
|
Income Taxes Payable |
574.9 |
887.4 |
819.8 |
402.4 |
471.6 |
|
Other Current Liabilities |
2,403.4 |
3,141.4 |
4,980.1 |
3,281.3 |
4,277.3 |
|
Other Current liabilities, Total |
4,024.8 |
5,325.0 |
7,343.8 |
4,868.6 |
6,086.5 |
|
Total Current Liabilities |
32,366.6 |
31,850.7 |
30,682.3 |
25,479.1 |
28,272.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
33,850.6 |
35,178.8 |
34,007.3 |
31,140.8 |
28,766.8 |
|
Total Long Term Debt |
33,850.6 |
35,178.8 |
34,007.3 |
31,140.8 |
28,766.8 |
|
Total Debt |
45,864.8 |
44,077.2 |
41,246.7 |
37,548.0 |
37,659.3 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
2,832.9 |
3,442.5 |
3,813.1 |
3,265.2 |
2,592.7 |
|
Deferred Income Tax |
2,832.9 |
3,442.5 |
3,813.1 |
3,265.2 |
2,592.7 |
|
Minority Interest |
2,745.1 |
2,664.2 |
2,258.0 |
2,137.0 |
2,326.4 |
|
Pension Benefits - Underfunded |
726.0 |
677.3 |
447.1 |
363.1 |
342.4 |
|
Other Long Term Liabilities |
3,394.0 |
3,512.2 |
3,984.4 |
3,313.3 |
3,332.1 |
|
Other Liabilities, Total |
4,120.0 |
4,189.5 |
4,431.5 |
3,676.4 |
3,674.4 |
|
Total Liabilities |
75,915.3 |
77,325.7 |
75,192.2 |
65,698.4 |
65,633.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,629.4 |
4,144.9 |
4,120.2 |
3,654.6 |
3,438.6 |
|
Common Stock |
3,629.4 |
4,144.9 |
4,120.2 |
3,654.6 |
3,438.6 |
|
Additional Paid-In Capital |
4,568.3 |
5,225.3 |
5,190.1 |
4,589.6 |
4,396.0 |
|
Retained Earnings (Accumulated Deficit) |
26,301.4 |
27,407.7 |
23,190.6 |
17,893.2 |
15,541.2 |
|
Treasury Stock - Common |
-63.5 |
-75.3 |
-76.5 |
-67.6 |
-57.3 |
|
Unrealized Gain (Loss) |
1,178.2 |
803.2 |
992.8 |
1,241.1 |
322.0 |
|
Translation Adjustment |
-1,008.8 |
-4,618.0 |
-4,161.2 |
-2,918.1 |
-3,894.1 |
|
Minimum Pension Liability Adjustment |
-787.8 |
-827.4 |
-706.4 |
-525.8 |
-695.4 |
|
Other Equity, Total |
-1,796.6 |
-5,445.4 |
-4,867.5 |
-3,443.9 |
-4,589.5 |
|
Total Equity |
33,817.3 |
32,060.5 |
28,549.6 |
23,867.0 |
19,051.0 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
109,732.6 |
109,386.2 |
103,741.8 |
89,565.3 |
84,684.0 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
1,825.1 |
1,824.9 |
1,824.8 |
1,824.8 |
1,821.2 |
|
Total Common Shares Outstanding |
1,825.1 |
1,824.9 |
1,824.8 |
1,824.8 |
1,821.2 |
|
Treasury Shares - Common Stock Primary Issue |
4.0 |
4.2 |
4.3 |
4.3 |
3.8 |
|
Employees |
- |
44,805 |
40,026 |
41,454 |
39,864 |
|
Number of Common Shareholders |
- |
210,164 |
157,274 |
134,564 |
130,019 |
|
Deferred Revenue - Current |
1,046.6 |
1,296.2 |
1,543.9 |
1,184.8 |
1,337.6 |
|
Total Long Term Debt, Supplemental |
- |
39,349.2 |
37,335.0 |
34,207.8 |
32,256.4 |
|
Long Term Debt Maturing within 1 Year |
- |
4,546.7 |
3,681.2 |
3,442.2 |
3,758.9 |
|
Long Term Debt Maturing in Year 2 |
- |
5,329.8 |
4,371.9 |
3,577.8 |
3,409.1 |
|
Long Term Debt Maturing in Year 3 |
- |
5,125.6 |
4,498.5 |
3,604.5 |
3,138.3 |
|
Long Term Debt Maturing in Year 4 |
- |
4,066.5 |
5,061.8 |
3,873.0 |
3,154.7 |
|
Long Term Debt Maturing in Year 5 |
- |
5,107.5 |
3,898.0 |
4,321.0 |
3,827.9 |
|
Long Term Debt Maturing in 2-3 Years |
- |
10,455.4 |
8,870.4 |
7,182.4 |
6,547.5 |
|
Long Term Debt Maturing in 4-5 Years |
- |
9,174.0 |
8,959.8 |
8,194.0 |
6,982.6 |
|
Long Term Debt Matur. in Year 6 & Beyond |
- |
15,173.3 |
15,823.5 |
15,389.3 |
14,967.4 |
|
Interest Costs |
- |
-77.3 |
-82.4 |
-42.8 |
-36.4 |
|
Total Capital Leases, Supplemental |
- |
434.5 |
367.5 |
204.2 |
271.6 |
|
Capital Lease Payments Due in Year 1 |
- |
101.3 |
56.3 |
55.2 |
81.9 |
|
Capital Lease Payments Due in Year 2 |
- |
136.8 |
87.0 |
56.9 |
58.8 |
|
Capital Lease Payments Due in Year 3 |
- |
47.2 |
118.8 |
28.6 |
61.4 |
|
Capital Lease Payments Due in Year 4 |
- |
40.0 |
26.5 |
23.4 |
27.0 |
|
Capital Lease Payments Due in Year 5 |
- |
32.5 |
21.4 |
14.6 |
21.9 |
|
Capital Lease Payments Due in 2-3 Years |
- |
184.0 |
205.8 |
85.5 |
120.2 |
|
Capital Lease Payments Due in 4-5 Years |
- |
72.5 |
47.8 |
38.0 |
48.8 |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
- |
154.1 |
140.0 |
68.3 |
57.1 |
|
Total Operating Leases, Supplemental |
- |
1,098.8 |
883.7 |
1,289.1 |
1,442.2 |
|
Operating Lease Payments Due in Year 1 |
- |
255.3 |
236.1 |
319.9 |
362.9 |
|
Operating Lease Payments Due in Year 2 |
- |
247.3 |
170.8 |
237.0 |
254.8 |
|
Operating Lease Payments Due in Year 3 |
- |
151.7 |
124.1 |
170.6 |
198.6 |
|
Operating Lease Payments Due in Year 4 |
- |
94.6 |
95.5 |
166.8 |
142.7 |
|
Operating Lease Payments Due in Year 5 |
- |
65.4 |
83.2 |
87.9 |
150.3 |
|
Operating Lease Pymts. Due in 2-3 Years |
- |
399.0 |
294.8 |
407.6 |
453.5 |
|
Operating Lease Pymts. Due in 4-5 Years |
- |
159.9 |
178.6 |
254.7 |
293.0 |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
- |
284.6 |
174.1 |
306.9 |
332.8 |
|
Pension Obligation - Domestic |
- |
3,526.1 |
3,337.3 |
3,006.1 |
2,784.0 |
|
Plan Assets - Domestic |
- |
2,844.5 |
2,892.2 |
2,849.7 |
2,453.8 |
|
Funded Status - Domestic |
- |
-681.6 |
-445.1 |
-156.4 |
-330.2 |
|
Total Funded Status |
- |
-681.6 |
-445.1 |
-156.4 |
-330.2 |
|
Discount Rate - Domestic |
- |
2.10% |
2.50% |
2.50% |
2.50% |
|
Compensation Rate - Domestic |
- |
0.90% |
0.90% |
0.90% |
0.80% |
|
Prepaid Benefits - Domestic |
- |
4.1 |
8.7 |
230.7 |
20.0 |
|
Accrued Liabilities - Domestic |
- |
-685.8 |
-453.8 |
-387.1 |
-350.2 |
|
Net Assets Recognized on Balance Sheet |
- |
-681.6 |
-445.1 |
-156.4 |
-330.2 |
|
Total Plan Obligations |
- |
3,526.1 |
3,337.3 |
3,006.1 |
2,784.0 |
|
Total Plan Assets |
- |
2,844.5 |
2,892.2 |
2,849.7 |
2,453.8 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
|
Deloitte Touche
Tohmatsu LLC |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
4,001.1 |
5,986.2 |
3,628.6 |
1,802.2 |
2,116.7 |
|
Depreciation |
2,396.7 |
1,943.7 |
1,720.0 |
1,473.5 |
1,388.9 |
|
Depreciation/Depletion |
2,396.7 |
1,943.7 |
1,720.0 |
1,473.5 |
1,388.9 |
|
Deferred Taxes |
-289.0 |
-179.7 |
548.5 |
-175.9 |
188.5 |
|
Discontinued Operations |
- |
- |
0.0 |
58.7 |
106.6 |
|
Unusual Items |
-138.5 |
305.3 |
-16.2 |
496.6 |
1,360.5 |
|
Equity in Net Earnings (Loss) |
-729.1 |
-922.0 |
-1,078.3 |
-214.5 |
-239.5 |
|
Other Non-Cash Items |
290.8 |
308.6 |
228.8 |
289.1 |
207.3 |
|
Non-Cash Items |
-576.8 |
-308.1 |
-865.7 |
629.9 |
1,434.9 |
|
Accounts Receivable |
753.1 |
-1,700.6 |
-1,347.4 |
1,443.0 |
7,685.6 |
|
Inventories |
1,281.6 |
-418.5 |
-572.1 |
850.4 |
630.0 |
|
Prepaid Expenses |
- |
-3.8 |
-66.8 |
279.9 |
-202.8 |
|
Other Assets |
- |
22.5 |
226.5 |
-664.1 |
-645.2 |
|
Accounts Payable |
136.6 |
498.9 |
864.5 |
-275.6 |
-5,671.1 |
|
Accrued Expenses |
- |
250.0 |
372.6 |
-264.0 |
-624.2 |
|
Other Liabilities |
- |
-560.1 |
333.3 |
1,501.9 |
-399.6 |
|
Other Operating Cash Flow |
-2,141.9 |
-705.5 |
1,045.1 |
202.6 |
-103.2 |
|
Changes in Working Capital |
29.4 |
-2,617.1 |
855.7 |
3,074.1 |
669.5 |
|
Cash from Operating Activities |
5,561.4 |
4,825.0 |
5,887.1 |
6,803.9 |
5,798.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-4,808.0 |
-4,614.1 |
-3,859.0 |
-2,497.7 |
-2,524.2 |
|
Capital Expenditures |
-4,808.0 |
-4,614.1 |
-3,859.0 |
-2,497.7 |
-2,524.2 |
|
Sale of Business |
- |
82.8 |
273.0 |
0.0 |
46.7 |
|
Sale of Fixed Assets |
- |
297.3 |
200.5 |
471.1 |
344.0 |
|
Sale/Maturity of Investment |
- |
378.4 |
295.6 |
382.7 |
219.8 |
|
Investment, Net |
-4,271.1 |
-1,789.0 |
-1,186.1 |
-681.8 |
-1,063.5 |
|
Purchase of Investments |
- |
-1,283.3 |
-2,505.0 |
-525.0 |
-770.6 |
|
Other Investing Cash Flow |
- |
1,378.5 |
1,132.6 |
913.0 |
852.8 |
|
Other Investing Cash Flow Items, Total |
-4,271.1 |
-935.3 |
-1,789.4 |
560.0 |
-370.7 |
|
Cash from Investing Activities |
-9,079.1 |
-5,549.4 |
-5,648.4 |
-1,937.7 |
-2,894.9 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
11.1 |
-57.4 |
98.3 |
-509.2 |
-143.3 |
|
Financing Cash Flow Items |
11.1 |
-57.4 |
98.3 |
-509.2 |
-143.3 |
|
Cash Dividends Paid - Common |
-1,100.0 |
-1,248.3 |
-660.4 |
-137.5 |
-869.0 |
|
Total Cash Dividends Paid |
-1,100.0 |
-1,248.3 |
-660.4 |
-137.5 |
-869.0 |
|
Common Stock, Net |
-0.2 |
1.7 |
-0.4 |
-0.3 |
-7.2 |
|
Issuance (Retirement) of Stock, Net |
-0.2 |
1.7 |
-0.4 |
-0.3 |
-7.2 |
|
Short Term Debt, Net |
1,946.2 |
524.6 |
585.8 |
-2,285.5 |
408.2 |
|
Long Term Debt Issued |
- |
6,164.0 |
4,405.6 |
5,307.9 |
3,639.8 |
|
Long Term Debt
Reduction |
- |
-4,657.7 |
-4,034.4 |
-4,682.7 |
-3,125.8 |
|
Long Term Debt, Net |
1,814.1 |
1,506.3 |
371.3 |
625.2 |
514.0 |
|
Issuance (Retirement) of Debt, Net |
3,760.3 |
2,030.9 |
957.1 |
-1,660.2 |
922.2 |
|
Cash from Financing Activities |
2,671.3 |
726.9 |
394.7 |
-2,307.3 |
-97.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
774.9 |
-128.3 |
-170.5 |
169.7 |
-332.9 |
|
Net Change in Cash |
-71.6 |
-126.0 |
462.8 |
2,728.5 |
2,473.5 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
17,248.4 |
18,250.2 |
16,354.0 |
12,349.9 |
8,949.3 |
|
Net Cash - Ending Balance |
17,176.9 |
18,124.2 |
16,816.8 |
15,078.4 |
11,422.8 |
|
Cash Interest Paid |
- |
672.4 |
590.9 |
635.9 |
835.6 |
|
Cash Taxes Paid |
- |
1,974.8 |
1,249.6 |
1,143.3 |
2,537.2 |
Annual Income Statement
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per share
items (actual units) |
|
|
|
|
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Restated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
|
Deloitte Touche
Tohmatsu LLC |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Sales of Products |
53,129.1 |
60,196.2 |
48,486.0 |
38,631.9 |
48,290.0 |
|
Sales of Services |
4,725.6 |
4,774.9 |
4,333.6 |
4,031.6 |
4,755.7 |
|
Other Sales |
1,342.4 |
1,537.5 |
1,788.5 |
1,412.2 |
1,736.9 |
|
Total Revenue |
59,197.1 |
66,508.6 |
54,608.1 |
44,075.7 |
54,782.6 |
|
|
|
|
|
|
|
|
Cost of Product Sale |
47,020.0 |
52,764.3 |
41,884.5 |
34,386.8 |
42,503.4 |
|
Cost of Service Sale |
1,950.8 |
1,868.8 |
1,603.2 |
1,459.0 |
1,624.0 |
|
Cost of Other Sales |
699.5 |
752.6 |
1,093.3 |
677.2 |
710.7 |
|
Bad Debt Exp&Prov of Allow.-Dbt Acct-SGA |
177.9 |
191.2 |
- |
- |
- |
|
Selling, general and administrative expe |
6,280.2 |
6,519.6 |
- |
- |
- |
|
Selling/Gen./Admin. |
- |
- |
6,219.9 |
5,877.1 |
5,958.8 |
|
Doubtful Provision |
- |
- |
107.7 |
120.8 |
179.3 |
|
G/L on val. of mkbl. secs. |
328.8 |
424.0 |
227.1 |
521.7 |
1,167.0 |
|
L on val.fixed assets |
148.8 |
177.9 |
213.5 |
93.8 |
375.1 |
|
Goodwill impairment loss |
0.0 |
53.3 |
7.0 |
106.6 |
184.8 |
|
Settlement expenses |
- |
0.0 |
1,033.4 |
0.0 |
- |
|
Total Operating Expense |
56,606.0 |
62,751.8 |
52,389.7 |
43,242.9 |
52,703.0 |
|
|
|
|
|
|
|
|
Interest Expense |
- |
-539.7 |
-474.6 |
-498.3 |
-740.0 |
|
Interest Income(1) |
- |
470.8 |
- |
- |
- |
|
Interest Income |
- |
- |
466.4 |
386.0 |
394.3 |
|
Interest, Net |
-14.3 |
- |
- |
- |
- |
|
Dividends income |
964.9 |
1,095.0 |
- |
- |
- |
|
Dividends |
- |
- |
595.2 |
405.8 |
716.0 |
|
G/L on sale of mkbl. secs. |
541.2 |
277.8 |
461.2 |
225.4 |
330.7 |
|
G/L on disp. fixed asset |
74.8 |
72.1 |
2.7 |
0.1 |
35.7 |
|
Other G/L |
-372.0 |
100.2 |
-86.9 |
4.3 |
-406.1 |
|
Net Income Before Taxes |
3,785.7 |
5,233.1 |
3,182.3 |
1,356.1 |
2,410.1 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
1,908.5 |
2,186.2 |
2,379.5 |
959.9 |
1,534.2 |
|
Net Income After Taxes |
1,877.2 |
3,046.9 |
802.8 |
396.2 |
875.9 |
|
|
|
|
|
|
|
|
Minority Interest |
-289.9 |
-483.6 |
-50.0 |
-191.3 |
-349.2 |
|
Gain On Equity From Subsidiaries And Aff |
2,124.0 |
2,939.3 |
- |
- |
- |
|
Equity in Earnings |
- |
- |
2,825.8 |
1,414.6 |
1,200.8 |
|
Net Income Before Extra. Items |
3,711.3 |
5,502.7 |
3,578.6 |
1,619.4 |
1,727.4 |
|
Disc. Operations |
- |
- |
0.0 |
-8.5 |
40.1 |
|
Net Income |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.9 |
1,767.5 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
3,711.3 |
5,502.7 |
3,578.6 |
1,619.4 |
1,727.4 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.9 |
1,767.5 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
1,825.0 |
1,824.9 |
1,824.8 |
1,823.2 |
1,820.0 |
|
Basic EPS Excluding ExtraOrdinary Items |
2.03 |
3.02 |
1.96 |
0.89 |
0.95 |
|
Basic EPS Including ExtraOrdinary Items |
2.03 |
3.02 |
1.96 |
0.88 |
0.97 |
|
Dilution Adjustment |
- |
0.0 |
0.0 |
-0.2 |
0.3 |
|
Diluted Net Income |
3,711.3 |
5,502.7 |
3,578.6 |
1,610.7 |
1,767.8 |
|
Diluted Weighted Average Shares |
1,825.0 |
1,824.9 |
1,824.8 |
1,823.2 |
1,825.2 |
|
Diluted EPS Excluding ExtraOrd Items |
2.03 |
3.02 |
1.96 |
0.89 |
0.95 |
|
Diluted EPS Including ExtraOrd Items |
2.03 |
3.02 |
1.96 |
0.88 |
0.97 |
|
DPS-Common Stock |
0.52 |
0.70 |
0.55 |
0.19 |
0.25 |
|
Gross Dividends - Common Stock |
- |
1,271.5 |
1,001.2 |
353.6 |
453.1 |
|
Normalized Income Before Taxes |
4,188.4 |
5,816.2 |
4,768.4 |
2,198.9 |
4,280.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
2,111.5 |
2,429.8 |
2,934.6 |
1,254.9 |
2,188.9 |
|
Normalized Income After Taxes |
2,076.8 |
3,386.4 |
1,833.8 |
944.0 |
2,091.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
3,911.0 |
5,842.2 |
4,609.6 |
2,167.3 |
2,943.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
2.14 |
3.20 |
2.53 |
1.19 |
1.62 |
|
Diluted Normalized EPS |
2.14 |
3.20 |
2.53 |
1.19 |
1.61 |
|
Research&Development |
- |
42.2 |
44.8 |
38.8 |
34.6 |
|
Advertising expense |
- |
56.1 |
- |
- |
- |
|
Advertisement |
- |
- |
48.8 |
63.2 |
80.9 |
|
Interest Expense |
- |
539.7 |
474.6 |
498.3 |
740.0 |
|
BC - Depreciation of Fixed Assets |
2,396.7 |
- |
- |
- |
- |
|
Depreciation |
- |
1,943.7 |
- |
- |
- |
|
Depreciation |
- |
- |
1,720.0 |
1,473.5 |
1,388.9 |
|
Income taxes-current |
2,197.5 |
2,365.9 |
- |
- |
- |
|
Domesic |
- |
- |
- |
404.2 |
315.3 |
|
Foreign |
- |
- |
- |
731.6 |
1,030.4 |
|
Current Tax - Total |
2,197.5 |
2,365.9 |
- |
1,135.9 |
1,345.7 |
|
Deferred Income Taxes |
-289.0 |
-179.7 |
- |
- |
- |
|
Domesic |
- |
- |
- |
-207.3 |
217.2 |
|
Foreign |
- |
- |
- |
31.3 |
-28.7 |
|
Deferred Tax - Total |
-289.0 |
-179.7 |
- |
-175.9 |
188.5 |
|
Income Tax - Total |
1,908.5 |
2,186.2 |
- |
959.9 |
1,534.2 |
|
Reported Operating Profit |
3,068.6 |
4,412.1 |
3,699.4 |
1,554.9 |
3,806.4 |
|
Service cost |
- |
99.8 |
115.0 |
96.6 |
99.8 |
|
Interest cost |
- |
80.0 |
74.3 |
68.1 |
62.5 |
|
Expected return on plan asset |
- |
-100.1 |
-93.4 |
-85.5 |
-94.2 |
|
Prior service cost |
- |
0.4 |
2.0 |
-0.1 |
-1.7 |
|
Retirement Benefit Expenses Actuarial Lo |
- |
157.2 |
- |
- |
- |
|
Actuarial G/L |
- |
123.2 |
85.2 |
137.6 |
28.4 |
|
Settlements |
- |
0.0 |
-0.2 |
0.4 |
0.0 |
|
Curtailments |
- |
0.0 |
-0.1 |
13.3 |
0.0 |
|
Domestic Pension Plan Expense |
- |
360.5 |
182.8 |
230.3 |
94.8 |
|
Total Pension Expense |
- |
360.5 |
182.8 |
230.3 |
94.8 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
- |
2.50% |
- |
- |
- |
|
Discount rate |
- |
- |
2.60% |
2.50% |
2.50% |
|
Expected return on assets(MIN)-Retiremen |
- |
3.30% |
- |
- |
- |
|
Plan asset expected rate of return |
- |
- |
3.40% |
3.30% |
3.20% |
|
Assumed Wage increase Rate (MAX)-Retirem |
- |
0.90% |
- |
- |
- |
|
Compensation rate |
- |
- |
0.90% |
0.80% |
0.80% |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
|
Deloitte Touche
Tohmatsu LLC |
Deloitte &
Touche LLP |
Deloitte & Touche
LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash/Equivalents |
15,147.2 |
17,370.9 |
17,387.3 |
14,997.8 |
11,621.0 |
|
Deposits |
50.4 |
50.1 |
31.1 |
155.9 |
57.2 |
|
Short-term investment securities |
3.9 |
13.2 |
- |
- |
- |
|
Mktbl. Secs. |
- |
- |
67.6 |
46.7 |
183.2 |
|
Notes/Loans Rcv. |
3,093.4 |
3,915.6 |
3,590.2 |
3,136.1 |
3,024.0 |
|
Accounts receivable-trade |
17,100.0 |
19,617.5 |
- |
- |
- |
|
Accounts Rcvbl. |
- |
- |
17,659.3 |
14,793.0 |
14,296.1 |
|
Derivatives |
649.2 |
651.4 |
- |
- |
- |
|
Other(1) |
2,346.0 |
2,613.0 |
- |
- |
- |
|
Assoc. Rcvbl. |
1,473.0 |
1,418.8 |
1,932.1 |
1,735.5 |
1,712.2 |
|
Allowance For Doubtful Accounts |
-175.0 |
-216.8 |
- |
- |
- |
|
Doubtful Account |
- |
- |
-197.5 |
-197.2 |
-183.9 |
|
Inventories |
7,934.9 |
6,260.3 |
5,638.9 |
5,402.9 |
5,999.1 |
|
Advance payments-trade |
1,436.1 |
1,577.8 |
- |
- |
- |
|
Advance Payments |
- |
- |
1,503.8 |
1,032.6 |
1,000.0 |
|
Dfd. Income Tax. |
166.3 |
455.3 |
499.2 |
426.0 |
303.4 |
|
Derivative Receivables |
- |
- |
1,153.7 |
1,225.0 |
3,340.1 |
|
Other |
- |
- |
2,829.5 |
2,848.1 |
3,389.4 |
|
Total Current Assets |
49,225.2 |
53,727.1 |
52,095.1 |
45,602.4 |
44,741.7 |
|
|
|
|
|
|
|
|
Other |
8,676.3 |
9,619.3 |
- |
- |
- |
|
Allowance For Doubtful Accounts |
-397.1 |
-447.2 |
- |
- |
- |
|
Affiliate Investment |
24,713.5 |
20,745.0 |
19,314.9 |
15,015.6 |
12,913.7 |
|
Other Investment |
- |
- |
10,374.6 |
10,337.6 |
9,691.4 |
|
Noncurrent Receivable |
5,568.2 |
5,513.0 |
5,520.0 |
4,851.2 |
4,924.7 |
|
Doubtful Account |
- |
- |
-511.8 |
-518.8 |
-525.3 |
|
Noncurrent Assets For Rent |
3,514.0 |
3,310.6 |
3,133.2 |
2,397.3 |
2,016.8 |
|
Land and Mount |
2,325.5 |
2,462.0 |
1,794.4 |
1,696.6 |
1,673.1 |
|
Buildings(1) |
4,700.4 |
4,872.8 |
- |
- |
- |
|
Buildings |
- |
- |
4,351.4 |
4,077.8 |
3,486.8 |
|
Machinery And Equipment |
17,730.6 |
15,861.5 |
- |
- |
- |
|
Vessels |
451.5 |
516.3 |
- |
- |
- |
|
Equip./Fixtures |
- |
- |
13,005.9 |
10,487.6 |
8,781.2 |
|
Ships |
- |
- |
469.4 |
317.9 |
362.0 |
|
Mining Right |
2,159.1 |
- |
- |
- |
- |
|
Mineral Rights |
- |
1,929.6 |
1,952.7 |
1,418.1 |
1,561.7 |
|
Construction In Progress |
2,498.5 |
1,854.6 |
- |
- |
- |
|
Project in Prog. |
- |
- |
1,724.9 |
1,821.7 |
1,558.4 |
|
Depreciation |
-13,176.3 |
-12,252.8 |
-10,862.0 |
-9,347.1 |
-7,842.4 |
|
Total intangible assets |
1,258.9 |
1,338.9 |
- |
- |
- |
|
Intangibles |
- |
- |
1,056.0 |
906.9 |
977.1 |
|
Deferred Taxes |
335.2 |
189.7 |
175.2 |
143.2 |
212.7 |
|
Miscellaneous |
149.1 |
145.8 |
148.0 |
357.3 |
150.4 |
|
Total Assets |
109,732.6 |
109,386.2 |
103,741.8 |
89,565.3 |
84,684.0 |
|
|
|
|
|
|
|
|
Notes payable-trade |
489.5 |
647.1 |
- |
- |
- |
|
Short-term loans payable |
7,047.9 |
3,728.0 |
- |
- |
- |
|
ST Loans/Notes |
- |
- |
3,017.2 |
2,583.3 |
4,597.1 |
|
Current portion of long-term loans payab |
4,476.8 |
4,523.3 |
- |
- |
- |
|
Cur.Mat. LT Debt |
- |
- |
3,726.9 |
3,429.8 |
3,778.4 |
|
Notes Payable |
- |
- |
495.3 |
394.2 |
516.8 |
|
Accounts payable-trade |
15,286.5 |
- |
- |
- |
- |
|
Notes And Accounts Payable Trade |
- |
16,293.5 |
- |
- |
- |
|
Accounts Payable |
- |
- |
15,887.7 |
13,998.1 |
13,086.2 |
|
Derivatives Liabilities |
892.1 |
792.2 |
- |
- |
- |
|
Other |
860.6 |
1,132.1 |
- |
- |
- |
|
Assoc. Payable |
757.5 |
1,338.7 |
1,051.9 |
682.4 |
397.3 |
|
Accrued Taxes |
574.9 |
887.4 |
819.8 |
402.4 |
471.6 |
|
Accrued Interest |
180.5 |
201.7 |
211.5 |
205.2 |
207.6 |
|
Accrued Expenses |
- |
- |
872.0 |
766.1 |
908.2 |
|
Advances Received |
1,046.6 |
1,296.2 |
- |
- |
- |
|
Customer Adv. |
- |
- |
1,543.9 |
1,184.8 |
1,337.6 |
|
Derivative Payables |
- |
- |
1,064.2 |
898.7 |
1,827.8 |
|
Other Liabs. |
753.7 |
1,010.6 |
1,991.9 |
934.2 |
1,144.0 |
|
Total Current Liabilities |
32,366.6 |
31,850.7 |
30,682.3 |
25,479.1 |
28,272.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
33,850.6 |
35,178.8 |
34,007.3 |
31,140.8 |
28,766.8 |
|
Total Long Term Debt |
33,850.6 |
35,178.8 |
34,007.3 |
31,140.8 |
28,766.8 |
|
|
|
|
|
|
|
|
Accrued Pension |
726.0 |
677.3 |
447.1 |
363.1 |
342.4 |
|
Deferred tax liabilities |
2,832.9 |
3,442.5 |
- |
- |
- |
|
Deferred Taxes - Not Current |
- |
- |
3,813.1 |
3,265.2 |
2,592.7 |
|
Equity Minority/Non Controlling Interest |
2,745.1 |
2,664.2 |
- |
- |
- |
|
Minority Int. |
- |
- |
2,258.0 |
2,137.0 |
2,326.4 |
|
Other(1) |
3,394.0 |
3,512.2 |
- |
- |
- |
|
Other |
- |
- |
3,984.4 |
3,313.3 |
3,332.1 |
|
Total Liabilities |
75,915.3 |
77,325.7 |
75,192.2 |
65,698.4 |
65,633.1 |
|
|
|
|
|
|
|
|
Capital Stock |
3,629.4 |
4,144.9 |
- |
- |
- |
|
Common Stock |
- |
- |
4,120.2 |
3,654.6 |
3,438.6 |
|
Paid in Capital |
4,568.3 |
5,225.3 |
5,190.1 |
4,589.6 |
4,396.0 |
|
Legal retained earnings |
740.3 |
795.0 |
- |
- |
- |
|
Appropriated Rsv |
- |
- |
745.2 |
576.2 |
494.1 |
|
Unappropriated |
25,561.1 |
26,612.7 |
22,445.4 |
17,317.0 |
15,047.1 |
|
Unrealized Holding Loss Gain Of Securiti |
1,443.7 |
1,098.2 |
- |
- |
- |
|
Unrlzd Gain Secs |
- |
- |
1,166.2 |
1,325.9 |
448.1 |
|
Foreign Currency |
-1,008.8 |
-4,618.0 |
-4,161.2 |
-2,918.1 |
-3,894.1 |
|
Defined Salary Type Pension |
-787.8 |
-827.4 |
-706.4 |
-525.8 |
-695.4 |
|
Acc Amount Of Other Comprehensive Income |
-265.4 |
-295.0 |
-173.4 |
-84.8 |
-126.1 |
|
Treasury Stock(1) |
-63.5 |
-75.3 |
- |
- |
- |
|
Treasury Stock |
- |
- |
-76.5 |
-67.6 |
-57.3 |
|
Total Equity |
33,817.3 |
32,060.5 |
28,549.6 |
23,867.0 |
19,051.0 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
109,732.6 |
109,386.2 |
103,741.8 |
89,565.3 |
84,684.0 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
1,825.1 |
1,824.9 |
1,824.8 |
1,824.8 |
1,821.2 |
|
Total Common Shares Outstanding |
1,825.1 |
1,824.9 |
1,824.8 |
1,824.8 |
1,821.2 |
|
T/S-Common Stock |
4.0 |
4.2 |
4.3 |
4.3 |
3.8 |
|
Advances Received |
1,046.6 |
1,296.2 |
- |
- |
- |
|
Deferred Revenue - Current |
- |
- |
1,543.9 |
1,184.8 |
1,337.6 |
|
Full-Time Employees |
- |
44,805 |
40,026 |
41,454 |
39,864 |
|
Total Number of Shareholders |
- |
210,164 |
- |
- |
- |
|
Number of Common Shareholders |
- |
- |
157,274 |
134,564 |
130,019 |
|
Loans Payable Maturing within a Year |
- |
4,546.7 |
- |
- |
- |
|
LT Debt due within 1 Yr. |
- |
- |
3,681.2 |
3,442.2 |
3,758.9 |
|
Lns Pble Maturing over a Yr within 2 Yrs |
- |
5,329.8 |
- |
- |
- |
|
LT Debt due within 2 Yr. |
- |
- |
4,371.9 |
3,577.8 |
3,409.1 |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
- |
5,125.6 |
- |
- |
- |
|
LT Debt due within 3 Yr. |
- |
- |
4,498.5 |
3,604.5 |
3,138.3 |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
- |
4,066.5 |
- |
- |
- |
|
LT Debt due within 4 Yr. |
- |
- |
5,061.8 |
3,873.0 |
3,154.7 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
- |
5,107.5 |
- |
- |
- |
|
LT Debt due within 5 Yr. |
- |
- |
3,898.0 |
4,321.0 |
3,827.9 |
|
Loans Payable Remaining |
- |
15,173.3 |
- |
- |
- |
|
Thereafter |
- |
- |
15,823.5 |
15,389.3 |
14,967.4 |
|
Total Long Term Debt, Supplemental |
- |
39,349.2 |
37,335.0 |
34,207.8 |
32,256.4 |
|
Capital Lease Maturing within a Year |
- |
101.3 |
- |
- |
- |
|
CP Lease due within 1 Yr. |
- |
- |
56.3 |
55.2 |
81.9 |
|
Cap Lease Maturg over a Yr within 2 Yrs |
- |
136.8 |
- |
- |
- |
|
CP Lease due within 2 Yr. |
- |
- |
87.0 |
56.9 |
58.8 |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
- |
47.2 |
- |
- |
- |
|
CP Lease due within 3 Yr. |
- |
- |
118.8 |
28.6 |
61.4 |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
- |
40.0 |
- |
- |
- |
|
CP Lease due within 4 Yr. |
- |
- |
26.5 |
23.4 |
27.0 |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
- |
32.5 |
- |
- |
- |
|
CP Lease due within 5 Yr. |
- |
- |
21.4 |
14.6 |
21.9 |
|
Capital Lease Remaining |
- |
154.1 |
- |
- |
- |
|
Thereafter |
- |
- |
140.0 |
68.3 |
57.1 |
|
Interest Costs |
- |
-77.3 |
- |
- |
- |
|
Interest Cost |
- |
- |
-82.4 |
-42.8 |
-36.4 |
|
Total Capital Leases, Supplemental |
- |
434.5 |
367.5 |
204.2 |
271.6 |
|
Operating Lease Maturing within a Year |
- |
255.3 |
- |
- |
- |
|
OP Lease due within 1 Yr. |
- |
- |
236.1 |
319.9 |
362.9 |
|
Operating Lease Maturing over a Year wit |
- |
247.3 |
- |
- |
- |
|
OP Lease due within 2 Yr. |
- |
- |
170.8 |
237.0 |
254.8 |
|
Operating Lease Maturing over 2 Year wit |
- |
151.7 |
- |
- |
- |
|
OP Lease due within 3 Yr. |
- |
- |
124.1 |
170.6 |
198.6 |
|
Operating Lease Maturing over 3 Year wit |
- |
94.6 |
- |
- |
- |
|
OP Lease due within 4 Yr. |
- |
- |
95.5 |
166.8 |
142.7 |
|
Operating Lease Maturing over 4 Year wit |
- |
65.4 |
- |
- |
- |
|
OP Lease due within 5 Yr. |
- |
- |
83.2 |
87.9 |
150.3 |
|
Operating Lease Remaining |
- |
284.6 |
- |
- |
- |
|
Thereafter |
- |
- |
174.1 |
306.9 |
332.8 |
|
Total Operating Leases, Supplemental |
- |
1,098.8 |
883.7 |
1,289.1 |
1,442.2 |
|
Pension obligation |
- |
3,526.1 |
3,337.3 |
3,006.1 |
2,784.0 |
|
Plan Assets at Fair Value |
- |
2,844.5 |
- |
- |
- |
|
Fair value of plan asset |
- |
- |
2,892.2 |
2,849.7 |
2,453.8 |
|
Unfunded Retirement Benefit Obligation |
- |
-681.6 |
- |
- |
- |
|
Funded status |
- |
- |
-445.1 |
-156.4 |
-330.2 |
|
Total Funded Status |
- |
-681.6 |
-445.1 |
-156.4 |
-330.2 |
|
Discount rate |
- |
2.10% |
2.50% |
2.50% |
2.50% |
|
Compensation rate |
- |
0.90% |
0.90% |
0.90% |
0.80% |
|
Prepaid pension |
- |
4.1 |
8.7 |
230.7 |
20.0 |
|
Accrued Expenses |
- |
-8.5 |
-6.7 |
-24.0 |
-7.9 |
|
Pension obligation |
- |
-677.3 |
-447.1 |
-363.1 |
-342.4 |
|
Net Assets Recognized on Balance Sheet |
- |
-681.6 |
-445.1 |
-156.4 |
-330.2 |
|
|
|
Annual Cash
Flows |
|
Financials in:
USD (mil) |
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
|
Deloitte Touche
Tohmatsu LLC |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
|
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income |
4,001.1 |
5,986.2 |
3,628.6 |
1,802.2 |
2,116.7 |
|
Depreciation |
2,396.7 |
1,943.7 |
1,720.0 |
1,473.5 |
1,388.9 |
|
Disc. Operations |
- |
- |
0.0 |
8.5 |
-40.1 |
|
Accrued Retirement Benefits & Pension |
112.9 |
117.4 |
121.1 |
168.3 |
28.0 |
|
Doubtful Accounts |
177.9 |
191.2 |
107.7 |
120.8 |
179.3 |
|
Gain/Loss Sale Mark. Secs. |
-541.2 |
-277.8 |
-461.2 |
-225.4 |
-330.7 |
|
Loss Val, Mark.Secs. |
328.8 |
424.0 |
227.1 |
521.7 |
1,167.0 |
|
Gain/Loss Disposal of Fixed Assets |
-74.8 |
-72.1 |
-2.7 |
-0.1 |
-35.7 |
|
Loss Val Fixed Assets |
148.8 |
177.9 |
213.5 |
93.8 |
375.1 |
|
Impairment Losses |
0.0 |
53.3 |
7.0 |
106.6 |
184.8 |
|
Settlement charges |
0.0 |
-1,090.5 |
1,033.4 |
0.0 |
- |
|
Deferred Income Tax. |
-289.0 |
-179.7 |
548.5 |
-175.9 |
188.5 |
|
Equity Gain/Loss |
-729.1 |
-922.0 |
-1,078.3 |
-214.5 |
-239.5 |
|
Account Receivables |
753.1 |
-1,700.6 |
-1,219.2 |
937.8 |
8,345.8 |
|
Inventories |
1,281.6 |
-418.5 |
-572.1 |
850.4 |
630.0 |
|
Account Payables |
136.6 |
498.9 |
864.5 |
-275.6 |
-5,671.1 |
|
Accrued Expenses |
- |
250.0 |
372.6 |
-264.0 |
-624.2 |
|
Inc in advance payments |
- |
-3.8 |
-66.8 |
279.9 |
-202.8 |
|
Advance Received |
- |
-560.1 |
208.1 |
-506.3 |
203.2 |
|
Inc./Dec. in derivatives debt |
- |
- |
125.2 |
2,008.2 |
-602.8 |
|
Incr /Decr in Other Assets-Cash Flow |
- |
22.5 |
- |
- |
- |
|
Inc. derivative assets |
- |
- |
226.5 |
-664.1 |
-645.2 |
|
Income tax receivable |
- |
- |
-128.3 |
505.3 |
-660.2 |
|
Settlement payment |
- |
- |
0.0 |
- |
- |
|
Other, net |
-2,141.9 |
385.3 |
11.7 |
202.6 |
-103.2 |
|
Rounding adjustment Cash flow |
- |
-0.4 |
- |
- |
- |
|
Discountinued Op. |
- |
- |
0.0 |
50.1 |
146.7 |
|
Cash from Operating Activities |
5,561.4 |
4,825.0 |
5,887.1 |
6,803.9 |
5,798.6 |
|
|
|
|
|
|
|
|
Time Deposits, Net |
-4.6 |
3.2 |
128.2 |
-138.7 |
33.3 |
|
Investment in Affiliate Company |
- |
-2,294.3 |
-1,296.3 |
-974.6 |
-1,919.6 |
|
Sale of Investment-Affiliate Company |
-2,779.2 |
1,041.9 |
464.0 |
492.0 |
609.5 |
|
Purch of Marketable Secs. |
- |
-34.0 |
-285.0 |
-210.4 |
-60.1 |
|
Sale of Marketable Secs. |
- |
324.3 |
245.9 |
188.9 |
160.3 |
|
Redemption of Marketable Secs. |
- |
54.2 |
49.6 |
173.5 |
58.8 |
|
Purch of Liability Certificate |
- |
-3.0 |
-18.4 |
0.0 |
- |
|
Redemption of Liability Certificate |
- |
0.0 |
0.1 |
20.4 |
0.7 |
|
Purch of Other Investment |
- |
-632.4 |
-955.3 |
-314.5 |
-698.5 |
|
Sale of Other Investment |
110.3 |
856.5 |
1,006.3 |
833.7 |
974.0 |
|
LT Loan Receivables |
-1,597.7 |
-1,396.3 |
-1,488.3 |
-894.3 |
-760.6 |
|
LT Loan Collection |
- |
1,378.5 |
1,132.6 |
913.0 |
852.8 |
|
Incr/Decr in PP&E & Intangible Assets |
-4,808.0 |
- |
- |
- |
- |
|
Capital Expenditures |
- |
-4,614.1 |
-3,859.0 |
-2,497.7 |
-2,524.2 |
|
Asset Sale Proceeds |
- |
297.3 |
200.5 |
471.1 |
344.0 |
|
Acq. Subsidiaries |
- |
-614.0 |
-1,246.3 |
0.0 |
-12.0 |
|
Sale of Subsidiary Company |
- |
82.8 |
273.0 |
0.0 |
46.7 |
|
Cash from Investing Activities |
-9,079.1 |
-5,549.4 |
-5,648.4 |
-1,937.7 |
-2,894.9 |
|
|
|
|
|
|
|
|
In&Decrease In Long Term Liabilities |
1,814.1 |
- |
- |
- |
- |
|
ST Debt, Net |
1,946.2 |
524.6 |
585.8 |
-2,285.5 |
408.2 |
|
Long Term Debt |
- |
6,164.0 |
4,405.6 |
5,307.9 |
3,639.8 |
|
LT Debt Reduction |
- |
-4,657.7 |
-4,034.4 |
-4,682.7 |
-3,125.8 |
|
Proceed from Minority Interest |
11.1 |
-57.4 |
98.3 |
-509.2 |
-143.3 |
|
Purchase and Sale of Treasury Stock |
-0.2 |
1.7 |
-0.4 |
-0.3 |
-7.2 |
|
Dividends Paid |
-1,100.0 |
-1,248.3 |
-660.4 |
-137.5 |
-869.0 |
|
Cash from Financing Activities |
2,671.3 |
726.9 |
394.7 |
-2,307.3 |
-97.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
774.9 |
-128.3 |
-170.5 |
169.7 |
-332.9 |
|
Net Change in Cash |
-71.6 |
-126.0 |
462.8 |
2,728.5 |
2,473.5 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
17,248.4 |
18,250.2 |
16,354.0 |
12,349.9 |
8,949.3 |
|
Net Cash - Ending Balance |
17,176.9 |
18,124.2 |
16,816.8 |
15,078.4 |
11,422.8 |
|
Cash Interest Paid |
- |
672.4 |
590.9 |
635.9 |
835.6 |
|
Cash Taxes Paid |
- |
1,974.8 |
1,249.6 |
1,143.3 |
2,537.2 |
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per
share items (actual units) |
|
|
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Ratio Comparisons
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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.61.82 |
|
|
1 |
Rs.96.57 |
|
Euro |
1 |
Rs.82.45 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.