The statements are subject to year-end adjustments and audit. In thousands of
In millions of yen U.S. dollars
-------------------------- -----------------------
ASSETS 1995 1996 1996
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Current assets:
Cash and cash equivalents ............................... Y 429,483 Y 337,758 $ 3,015,696
Time deposits ........................................... 3,354 407 3,634
Marketable securities ................................... 95,117 100,498 897,304
Notes and accounts receivable, trade .................... 931,368 926,192 8,269,571
Allowance for doubtful notes and accounts ............... (25,151) (23,451) (209,384)
Inventories ............................................. 1,011,755 1,053,818 9,409,089
Income tax prepayments .................................. 29,024 22,183 198,063
Prepaid expenses and other current assets ............... 49,539 80,742 720,911
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Total current assets ............................ 2,524,489 2,498,147 22,304,884
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Long-term receivables and investments:
Marketable securities .................................. 131,192 130,070 1,161,339
Investments and advances-
Affiliated companies ................................. 158,573 220,465 1,968,438
Other ................................................ 120,959 144,377 1,289,080
Long-term receivables, trade ........................... 32,267 27,774 247,982
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442,991 522,686 4,666,839
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Property, plant and equipment:
Land ................................................... 85,856 101,637 907,473
Buildings .............................................. 778,525 828,932 7,401,179
Machinery and equipment ................................ 1,970,217 2,154,602 19,237,518
Construction in progress ............................... 71,391 94,070 839,911
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2,905,989 3,179,241 28,386,081
Accumulated depreciation ............................... (1,766,829) (1,903,434) (16,994,947)
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1,139,160 1,275,807 11,391,134
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Other assets:
Income tax prepayments ................................. 56,343 80,576 719,429
Other .................................................. 192,118 176,837 1,578,902
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248,461 257,413 2,298,331
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Y4,355,101 Y4,554,053 $ 40,661,188
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In thousands of
In millions of yen U.S. dollars
-------------------------- -----------------------
LIABILITIES AND SHAREHOLDERS' EQUITY 1995 1996 1996
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Current liabilities:
Short-term borrowings ................................... Y 639,023 Y 687,374 $ 6,137,268
Current portion of long-term debt ....................... 105,525 154,367 1,378,277
Notes and accounts payable, trade ....................... 897,208 932,909 8,329,545
Employees' savings deposits ............................. 96,106 8,578 76,589
Accrued taxes on income ................................. 36,462 30,198 269,625
Other current liabilities ............................... 354,868 407,656 3,639,785
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Total current liabilities ....................... 2,129,192 2,221,082 19,831,089
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Long-term liabilities:
Long-term debt .......................................... 1,023,062 1,059,736 9,461,929
Accrued pension and severance costs ..................... 186,275 174,957 1,562,116
Other accruals .......................................... 147,133 134,167 1,197,919
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1,356,470 1,368,860 12,221,964
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Minority shareholders' equity
in consolidated subsidiaries
............................ 46,774 53,473 477,438
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Shareholders' equity:
Common stock, Y50 par value -
Authorized - 3,200,000,000 shares
Issued 1995 - 1,544,593,367 shares .................. 190,512 - -
1996 - 1,546,199,815 shares .................. - 191,605 1,710,759
Additional paid-in capital .............................. 299,603 300,685 2,684,688
Legal reserve ........................................... 28,764 30,731 274,384
Retained earnings ....................................... 336,311 404,699 3,613,384
Cumulative translation adjustments ...................... (32,514) (17,072) (152,429)
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822,676 910,648 8,130,786
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Treasury stock, at cost -
1995 - 8,135 shares ................................. (11) - -
1996 - 8,318 shares ................................. - (10) (89)
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822,665 910,638 8,130,697
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Y4,355,101 Y4,554,053 $ 40,661,188
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Note: Statement of Financial Accounting Standards (SFAS) No. 115, "Accounting for Certain Investments in Debt and Equity Securities," has not been adopted by the Company. If SFAS No. 115 had been implemented, shareholders' equity as of September 30, 1996 would have increased Y180,416 million ($1,610,857 thousand).
