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Financial Information
Consolidated
Non-Consolidated
|
 |
| Statements of Income (Consolidated) | |
| (Unit : \ million) | |||||
| 2005/3 | 2006/3 | 2007/3 | |||
| Ordinary income and loss | |||||
| Net sales | 476,266 | 465,386 | 631,608 | ||
Sales from Contracting Division |
248,032 | 195,202 | 316,117 | ||
Sales from Leasing Division |
216,590 | 249,695 | 277,163 | ||
Sales from Other Division |
11,643 | 20,488 | 38,328 | ||
| Cost of sales | 357,546 | 353,928 | 474,713 | ||
Cost of Contracting Division |
163,176 | 129,397 | 209,395 | ||
Cost of Leasing Division |
177,671 | 203,664 | 228,119 | ||
Cost of Other Division |
16,698 | 20,866 | 37,197 | ||
Gross profit |
118,720 | 111,458 | 156,895 | ||
| Selling, general and administrative expenses | 64,038 |
70,683 | 80,887 | ||
| Advertising expense | 7,889 |
8,265 | 8,564 | ||
| Selling fees | 2,401 |
2,909 | 3,429 | ||
| Provisions for allowance for doubtful accounts | 387 |
1,653 | 1,035 | ||
| Director compensation | 364 | 425 |
547 | ||
| Salaries and bonuses | 23,161 |
25,714 | 30,218 | ||
| Provisions for allowance for employees' bonuses | 1,518 |
1,752 | 1,983 | ||
| Provisions for retirement benefit reserves | 590 |
861 | 999 | ||
| Provision of reserve for directors' retirement benefits | - | - | 196 | ||
| Rents paid | 3,928 |
4,101 | 4,580 | ||
| Depreciation expense | 1,585 |
1,293 | 1,246 | ||
| Taxes and public charges | 2,135 |
2,391 | 3,455 | ||
| Other | 20,075 | 21,314 | 24,628 | ||
Operating profit |
54,682 | 40,775 | 76,007 | ||
| Non-operating profit and loss | |||||
| Non-operating profit | 3,308 | 6,493 | 1,497 | ||
| Interest income | 62 |
53 | 50 | ||
| Gain on sale of investment securities | 100 |
125 | 166 | ||
| Equity method income | 1,481 |
512 | - | ||
| Income from cancellation of resort memberships | 28 |
11 | 19 | ||
| Income from cancellation of construction contracts | 293 |
174 | 70 | ||
| Unrealized gains on interest rate swaps | 52 | 233 |
122 | ||
| Foreign currency translation gain | 915 |
4,780 | 501 | ||
| Other | 374 |
601 | 566 | ||
| Non-operating expenses | 4,725 |
3,116 | 4,502 | ||
| Interest expense | 3,902 |
2,300 | 1,332 | ||
| All other financing costs | - | - | 606 | ||
| Equity method investment loss | - | - | 2,320 | ||
| Other | 822 | 815 | 242 | ||
Recurring profit |
53,265 | 44,151 | 73,002 | ||
| Extraordinary income and losses | |||||
| Extraordinary income | 1,011 |
68 | 3,725 | ||
| Gain on sales of fixed assets | 7 | 13 |
7 | ||
| Gain on sale of affiliates' stocks | - | 31 | 2,514 | ||
| Gain on sale of affiliates' bonds | - | - |
1,119 | ||
| Reversal of allowance for doubtful accounts | 4 | 24 |
83 | ||
| Gain from forgiveness of debt | 1,000 |
- | - | ||
| Extraordinary losses | 1,662 |
66,963 | 7,397 | ||
| Loss on sales of fixed assets | 6 |
10 | 16 | ||
| Write-offs of fixed assets | 373 |
453 | 215 | ||
| Impairment losses | - | 65,480 |
3,009 | ||
| Markdown on investment securities | - | - |
210 | ||
| Provision for allowance for doubtful accounts | 1,109 |
831 | 710 | ||
| Amortization of transition obligation | 157 |
- | - | ||
| Provision of reserve for directors' retirement benefits | - | - | 2,789 | ||
| Provision of reserve for rental income | - | - | 446 | ||
| Other | 15 | 187 | - | ||
Net income before taxes and adjustments (loss) |
52,615 | -22,743 | 69,329 | ||
| Corporate, residential, and enterprise taxes | 12,282 |
261 | 26,437 | ||
| Income tax rehabilitation | - | 729 |
- | ||
| Income tax adjustments | 6,197 |
-8,023 | 4,662 | ||
| Minority interest | 873 | 871 | 871 | ||
| Net income (loss) | 33,262 | -16,582 | 37,358 | ||
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