AKEBONO REPORT 2014
63/72

Segment InformationAkebono Brake Industry Co., Ltd. and its consolidated subsidiaries engage mainly in the production and sale of brake products. A summaryof information classified by reporting segment of the Company for the years ended March 31, 2014 and 2013 is as follows:Millions of YenSegmentTotalAdjustment(Note 1)ConsolidatedJapan North America Europe China Thailand Indonesia total (Note 2)2014Sales to customers ? 80,356 ? 119,572 ? 5,284 ? 10,775 ? 5,908 ? 14,771 ? 236,665 ? ? ? 236,665Intercompany sales/transactions 8,882 3,219 2,119 13 251 910 15,393 (15,393) ?Total revenue ? 89,238 ? 122,790 ? 7,403 ? 10,788 ? 6,158 ? 15,681 ? 252,058 ? (15,393) ? 236,665Operating income (loss) ? 3,427 ? 749 ? (567) ? 1,578 ? 529 ? 2,090 ? 7,806 ? 278 ? 8,084Total assets ? 122,960 ? 64,629 ? 5,368 ? 12,059 ? 4,856 ? 10,462 ? 220,335 ? (21,136) ? 199,198Thousands of U.S. Dollars (Note 3)SegmentTotalAdjustment(Note 1)ConsolidatedJapan North America Europe China Thailand Indonesia total (Note 2)2014Sales to customers $ 780,759 $ 1,161,791 $ 51,342 $ 104,689 $ 57,401 $ 143,521 $ 2,299,503 $ ? $ 2,299,503Intercompany sales/transactions 86,301 31,274 20,588 126 2,435 8,843 149,567 (149,567) ?Total revenue $ 867,059 $ 1,193,065 $ 71,931 $ 104,815 $ 59,836 $ 152,363 $ 2,449,069 $ (149,567) $ 2,299,503Operating income (loss) $ 33,303 $ 7,280 $ (5,513) $ 15,335 $ 5,135 $ 20,310 $ 75,850 $ 2,698 $ 78,548Total assets $ 1,194,719 $ 627,958 $ 52,153 $ 117,164 $ 47,183 $ 101,657 $ 2,140,834 $ (205,366) $ 1,935,469Millions of YenSegmentTotalAdjustment(Note 1)ConsolidatedJapan North America Europe China Thailand Indonesia total (Note 2)2013Sales to customers ? 82,895 ? 96,446 ? 3,473 ? 6,049 ? 4,891 ? 12,296 ? 206,050 ? ? ? 206,050Intercompany sales/transactions 6,562 1,982 1,407 9 182 861 11,003 (11,003) ?Total revenue ? 89,456 ? 98,427 ? 4,880 ? 6,058 ? 5,073 ? 13,158 ? 217,053 ? (11,003) ? 206,050Operating income (loss) ? 2,294 ? 80 ? (789) ? 464 ? 149 ? 1,805 ? 4,003 ? 312 ? 4,315Total assets ? 127,276 ? 45,967 ? 4,383 ? 6,905 ? 4,782 ? 9,259 ? 198,573 ? (12,001) ? 186,572Notes: 1. Adjustment to operating income (loss) to eliminate intersegment transactions.2. Operating income (loss) after adjustments to reconcile total with fi gure presented in the consolidated statements of income.3. The value of the U.S. dollar is, purely for the sake of convenience, calculated using the approximate exchange rate as at March 31, 2014, which was ?103 to $1 (fi gures are rounded downto the nearest $1,000). Changes in Accounting Policies and Accounting EstimatesChange in the Depreciation MethodPreviously, the depreciation of property, plant and equipment had been calculated by the declining-balance method, while depreciation on buildings (excluding accompanying facilities)acquired since April 1, 1998 was calculated by the straight-line method. However, the Company has adopted the straight-line method in fiscal 2013 to calculate the depreciation of theaforementioned assets.In line with the “akebono New Frontier 30 - 2013” midterm business plan, the Akebono Group is pursuing the advance of technologies for the future, cost reductions and environment-friendly operations through the introduction of energy- and labor-saving next-generation facilities with greater versatility. As the Company regards investment in these facilities asbeing a crucial factor with a significant influence on its investment policies, the adoption of a depreciation method that would better reflect the status of utilization of facilities subjectto these investments was extensively discussed. As a result, Akebono decided to adopt the straight-line method, as the Company considered it as being capable of reflecting moreappropriately the status of depreciation of Group facilities, which are expected to operate more stably due to the introduction of next-generation facilities boasting greater versatility.Compared with calculations under the previous method, operating income for fiscal 2013 showed an increase of ?1,433 million, while ordinary income and income before incometaxes and minority interests rose ?1,448 million each.Adoption of Accounting Standard for Retirement Benefits, etc.As of March 31, 2014, the Company adopted the Accounting Standard for Retirement Benefits (Accounting Standards Board of Japan (ASBJ), Statement No. 26, issued on May 17, 2012;hereinafter “Retirement Benefits Accounting Standards”) and the Guidance on Accounting Standard for Retirement Benefits (ASBJ Guidance No. 25, issued on May 17, 2012; hereinafterthe “Guidance”), excluding the provisions stipulated in the main clause of Article 35 of the Retirement Benefits Accounting Standards and in the main clause of Article 67 of the Guidance.Accordingly, the Company’s retirement benefit liabilities are now presented as net defined benefit liabilities, which are calculated by deducting pension assets from retirement benefit liabilities and including previously unrecognized actuarial gains or losses and costs of the past services.The adoption of the Retirement Benefits Accounting Standards and its Guidance is subject to the transitional treatment stipulated by Article 37 of the Retirement BenefitsAccounting Standards. Accordingly, as of the end of fiscal 2013, the Company made an adjustment in the remeasurements of defined benefit plans recorded as accumulated othercomprehensive income, taking into consideration the impact of the abovementioned revision in calculation methods.As a result, as of March 31, 2014, the Company posted net defined benefit assets and net defined benefit liabilities totaling ?2,837 million and ?2,641 million, respectively. At thesame time, accumulated other comprehensive income decreased ?676 million while minority interests fell ?161 million.

元のページ 

10秒後に元のページに移動します

※このページを正しく表示するにはFlashPlayer9以上が必要です