Business segments
The business segment information for the Company and its consolidated subsidiaries for the years ended March 31, 2005, 2004 and 2003 is as
follows:
Fiscal year 2004 (For the year ended Mar. 31, 2005)
Sales
Automobile Financing Total Eliminations Consolidated
Millions of yen
I. Sales and operating income
Sales to third parties............................................................................... ¥8,177,841 ¥ 398,436 ¥ 8,576,277 ¥ — ¥8,576,277
Inter-segment sales and transfers............................................... 23,742 13,509 37,251 (37,251) —
Total sales........................................................................................................ 8,201,583 411,945 8,613,528 (37,251) 8,576,277
Operating expenses................................................................................ 7,429,760 338,388 7,768,148 (53,031) 7,715,117
Operating income...................................................................................... ¥ 771,823 ¥ 73,557 ¥ 845,380 ¥ 15,780 ¥ 861,160
II. Assets, depreciation and capital expenditures
Total assets.................................................................................................... ¥6,646,594 ¥4,596,322 ¥11,242,916 ¥(1,394,393) ¥9,848,523
Depreciation and amortization........................................................ ¥ 349,163 ¥ 176,763 ¥ 525,926 ¥ — ¥ 525,926
Capital expenditures............................................................................... ¥ 469,283 ¥ 582,468 ¥ 1,051,751 ¥ — ¥1,051,751
Fiscal year 2004 (For the year ended Mar. 31, 2005)
Sales
Automobile Financing Total Eliminations Consolidated
Thousands of U.S. dollars
I. Sales and operating income
Sales to third parties............................................................. $76,428,421 $ 3,723,700 $ 80,152,121 $ — $80,152,121
Inter-segment sales and transfers............................. 221,889 126,253 348,142 (348,142) —
Total sales...................................................................................... 76,650,310 3,849,953 80,500,263 (348,142) 80,152,121
Operating expenses.............................................................. 69,437,010 3,162,504 72,599,514 (495,617) 72,103,897
Operating income.................................................................... $ 7,213,300 $ 687,449 $ 7,900,749 $ 147,475 $ 8,048,224
II. Assets, depreciation and capital expenditures
Total assets.................................................................................. $62,117,701 $42,956,281 $105,073,982 $(13,031,710) $92,042,272
Depreciation and amortization...................................... $ 3,263,206 $ 1,651,990 $ 4,915,196 $ — $ 4,915,196
Capital expenditures............................................................. $ 4,385,823 $ 5,443,626 $ 9,829,449 $ — $ 9,829,449
Fiscal year 2003(For the year ended Mar. 31, 2004)
Sales
Automobile Financing Total EliminationsConsolidated
Millions of yen
I. Sales and operating income
Sales to third parties................................................................................... ¥7,072,982 ¥ 356,237 ¥7,429,219 ¥ — ¥7,429,219
Inter-segment sales and transfers................................................... 22,916 9,752 32,668 (32,668) —
Total sales............................................................................................................ 7,095,898 365,989 7,461,887 (32,668) 7,429,219
Operating expenses.................................................................................... 6,340,631 301,179 6,641,810 (37,446) 6,604,364
Operating income.......................................................................................... ¥ 755,267 ¥ 64,810 ¥ 820,077 ¥ 4,778 ¥ 824,855
II. Assets, depreciation and capital expenditures
Total assets........................................................................................................ ¥5,847,139 ¥3,479,171 ¥9,326,310 ¥(1,466,454) ¥7,859,856