Consolidated Statemets of Income

Year ended March 31

Millions of yen

	FY2003	FY2004	FY2005	FY2006	FY2007	FY2008
Revenue:
Sales	2,164,535	2,212,387	2,172,003	2,300,842	2,399,636	2,450,256
Rentals	347,386	354,338	355,371	366,653	382,890	396,572
	2,511,921	2,566,725	2,527,374	2,667,495	2,782,526	2,846,828
Cost of sales:
Sales	1,339,562	1,364,537	1,365,601	1,435,757	1,478,828	1,532,596
Rentals	134,989	139,306	145,080	158,047	159,509	160,162
	1,474,551	1,503,843	1,510,681	1,593,804	1,638,337	1,692,758
Gross profit	1,037,370	1,062,882	1,016,693	1,073,691	1,144,189	1,154,070
Operating expenses:
Selling, general and administrative	765,987	704,659	767,363	735,058	760,042	759,139
Research and development	159,119	173,323	168,017	182,154	177,004	187,589
Restructuring and other charges				86,043	94,081
Subsidy related to transfer of substitutional portion of employee pension fund liabilities	(52,136)		(83,129)
Operating income	164,400	184,900	164,442	70,436	113,062	207,342
Other income (expenses):
Interest and dividend income	3,909	4,246	6,080	8,133	11,376	13,462
Interest expense	(6,674)	(5,459)	(4,668)	(3,886)	(6,351)	(7,380)
Foreign exchange gains (losses), net	(7,275)	(4,835)	1,862	7,526	6,746	(14,640)
Decline in value of investment securities	(17,038)	(466)	(304)	(122)	(23,946)	(864)
Other, net	(16,809)	(13,438)	(5,066)	(2,472)	2,377	1,422
	(43,887)	(19,952)	(2,096)	9,179	(9,798)	(8,000)
Income before income taxes	120,513	164,948	162,346	79,615	103,264	199,342
Income taxes:
Current	62,020	70,657	55,083	52,756	62,910	73,322
Deffered	(1,737)	1,632	8,806	(17,732)	(3,377)	8,821
	60,283	72,289	63,889	35,024	59,533	82,143
Income before minority interests and equity in net earnings of affiliated companies	60,230	92,659	98,457	44,591	43,731	117,199
Minority interests	(12,835)	(13,289)	(18,103)	(12,785)	(12,643)	(15,474)
Equity in net earnings of affiliated companies	1,184	2,947	4,146	5,210	3,358	2,706
Net income	48,579	82,317	84,500	37,016	34,446	104,431

Downloadable EXCEL File (FY2003 - FY2008)

Consolidated Statemets of Income (EXCEL:21KB)

Consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America.