FROM 1 APRIL 1998
TO 31 MARCH 1999
NITTO KOHKI CO.,LTD.
AS AT 31 MARCH 1999
ASSETS | LIABILITIES and SHAREHOLDERS' EQUITY | ||
account title | amount | account title | amount |
CURRENT ASSETS | 23,029,803 | CURRENT LIABILITIES | 2,285,888 |
Cash & Deposits | 11,788,609 | Notes Payable, Trade | 542,168 |
Notes Receivable, Trade | 3,806,786 | Accounts Payable, Trade | 716,518 |
Accounts Receivable, Trade | 3,337,268 | Accounts Payable, Other | 158,173 |
Marketable Securities | 248,627 | Accrued Expenses Other | 354,644 |
Finished Goods | 1,463,529 | Deposits Received | 57,091 |
Raw Material | 1,229,580 | Accrued Bonuses | 444,000 |
Work in Progress | 154,750 | Other Current Liabilities | 13,290 |
Advance Payments | 14,566 | ||
Prepaid Expenses | 42,849 | ||
Income Taxes Refundable | 775,459 | ||
Other Current Assets | 213,877 | ||
Allowance for Doubtful Accounts | -46,100 | ||
FIXED ASSETS | 10,822,556 | LONG-TERM LIABILITIES | 703,903 |
Tangible Fixed Assets | 6,804,845 | Reserve for Retirement Allowances | 416,361 |
Buildings | 2,719,534 | Board of Directors' | |
Structures | 154,756 | Retirement Allowances | 188,455 |
Machinery & Equipment | 610,789 | Other Long-term Liabilities | 99,086 |
Automotive Equipment | 15,341 | ||
Tools, Furniture, Fixtures and Other | 612,199 | ||
Land | 2,662,710 | TOTAL LIABILITIES | 2,989,791 |
Construction in Progress | 29,514 | ||
Intangible Fixed Assets | 16,498 | SHAREHOLDERS' EQUITY | 30,862,569 |
Patent Rights | 443 | Common Stock | 1,850,324 |
Trade-mark Rights | 431 | Legal Surplus | 2,287,756 |
Other Intangible Fixed Assets | 15,623 | Legal Capital Surplus | 1,925,531 |
Investments and Other Assets | 4,001,212 | Retained Earnings Surplus | 362,224 |
Investments in Securities | 943,022 | Earned Surplus | 26,724,488 |
Investments in Affiliates | 1,392,410 | Reserve for Equalization of Dividents | 220,000 |
Treasury Stock | 64,175 | Reserve for Deferred Income | |
Long-term Loans | 592,200 | Tax for Fixed Assets | 112,710 |
Long-term prepaid expenses | 60,809 | General Reserve | 25,887,299 |
Guaranty Deposits | 101,078 | Unappropriated Retained Earnings | 504,478 |
Accumulated Funds of Insurance | 611,181 | (net income) | (708,357) |
Other Investments | 240,334 | ||
Allowance for Doubtful Accounts |
-4,000 | ||
TOTAL ASSETS | 33,852,360 | TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
33,852,360 |
FROM : 1 APRIL 1998
TO : 31 MARCH 1999
account title | amount | |
ORDINARY INCOME AND EXPENSES | ||
Operating Income and Expenses | ||
Operating Income | ||
Net Sales | 17,034,848 | |
Operating Expenses | ||
Cost of Sales | 10,188,804 | |
Selling, General and Admin. expenses | 5,896,916 | 16,085,720 |
Operating income | 949,127 | |
Non-operating income and expenses | ||
Non-operating Income | ||
Interest and Dividends Received | 285,238 | |
Other Non-operating Income | 58,697 | 343,936 |
Non-operating Expenses | ||
Loss on Valuation of Marketable Securities | 51,533 | |
Sales Discounts | 59,414 | |
Other Non-operating Expenses | 72,066 | 183,014 |
Ordinary Income | 1,110,049 | |
EXTRAORDINARY INCOME AND EXPENSES | ||
Extraordinary Income | ||
Reversal of Allowance for Doubtful Accounts | 28,300 | |
Reversal of Reserve for Retirement | ||
Allowances | 24,050 | |
Other Extraordinary Income | 24,263 | 76,614 |
Extraordinary Losses | ||
Loss on Valuation of Treasury Stock | 82,888 | |
Loss on Sales of Treasury Stock | 38,225 | |
Other Extraordinary Expenses | 30,000 | 151,115 |
Income before Income Taxes | 1,035,548 | |
Income Taxes | 327,190 | |
Net Income | 708,357 | |
Unappropriated Retained Earnings Brought Forward |
503,616 | |
Interim Dividend | 256,786 | |
Redemption of Treasury Stock | 425,030 | |
Retained Earnings Surplus | 25,678 | |
Unappropriated Retained Earnings | 504,478 |
account title | amount | |
Unappropriated retained earnings | 504,478,597 | |
Reversal of General Reserve | 25,887,299,000 | |
Appropriation of retained earnings | ||
Retained Earnings Surplus | 26,000,000 | |
Dividends | 252,525,330 | |
Ordinary Dividend of ¥ 10 per share | ||
Reserve for Interim Dividend | 278,000,000 | |
Reserve for Treasury Stock Redemption | 3,750,000,000 | |
General Reserve | 22,000,000,000 | 26,306,525,330 |
Retained earnings carried forward to the next year |
85,252,267 |