| Yen (millions) |
Yen (millions) |
U.S. dollars (millions) |
||||
| 1st Half FY 1998 |
1st Half FY 1997 |
Change (%) | FY 1997 | 1st Half FY 1998 |
||
|---|---|---|---|---|---|---|
| Net sales | Y 2,413,301 | Y 2,262,718 | + 6.7 | Y 4,985,382 | $17,876 | |
| Operating costs and expenses: | ||||||
| Cost of goods sold | 1,699,442 | 1,561,398 | 3,518,821 | 12,588 | ||
| Selling, general and administrative expenses |
669,708 | 597,705 | 1,289,208 | 4,961 | ||
| [Amortization of goodwill] | [11,158] | [5,574] | [33,909] | [83] | ||
| 2,369,150 | 2,159,103 | 4,808,029 | 17,549 | |||
| Operating income | 44,151 | 103,615 | - 57.4 | 177,353 | 327 | |
| Other income (expenses): | ||||||
| Interest and dividend income | 7,282 | 5,987 | 12,760 | 54 | ||
| Interest charges | (32,888) | (26,272) | (56,615) | (244) | ||
| Equity in earnings of affiliated companies, net |
11,481 | 10,447 | 18,964 | 85 | ||
| Other, net | 11,476 | (30,628) | (28,607) | 85 | ||
| (2,649) | (40,466) | (53,498) | (20) | |||
| Income before income taxes | 41,502 | 63,149 | - 34.3 | 123,855 | 307 | |
| Income taxes | 27,279 | 45,255 | 108,550 | 202 | ||
| Minority interests | 5,856 | 2,544 | 9,718 | 43 | ||
| Net income | Y 8,367 | Y 15,350 | - 45.5 | Y 5,587 | $ 62 | |
| Supplementary information | ||||||
| R & D expenditure | Y 194,426 | Y 179,846 | + 8.1 | Y 387,129 | $ 1,440 | |
| Number of Employees | 187,000 | 169,000 | 180,000 | |||
Note: Operating income and income before income taxes for FY98 Half Year ended Sep 30, 1998 have been restated by reclassifying amortization of goodwill as an operating expense and equity in earnings of affiliated companies as other income. The 1st Half FY 1997 and FY 1997 figures in the above table have also been restated.
Original figures (prior to restatement)
| Yen (millions) |
Yen (millions) |
||||
| 1st Half FY 1997 |
FY 1997 | ||||
|---|---|---|---|---|---|
| Operating Income | 109,189 | 211,262 | |||
| Income before income taxes | 52,702 | 104,891 |
