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HOME |Investors | Presentation | Financial Conference for the Results of the First Half of Fiscal 2004

Financial Conference for the Results
of the First Half of Fiscal 2004

Inventories and Capital Expenditures

Inventories

  • Inventory levels in Japan increased due to the increase in sales
  • APS (Advanced Production System) activities will be continued to further reduce inventories
(¥100 million) FY '03: Interim FY '03: Year-end FY '04: Interim Difference (amount) compared to FY '03 year-end
Inventories 826 759 767 +8
Japan 362 338 364 +26
<Non-consolidated> 172 162 183 +21
Overseas 464 421 403 -18
The Americas 166 141 132 -9
Europe 190 184 169 -15
Asia 108 96 102 +6

Capital expenditures

  • Further capital expenditures will be made consistent with our growth strategies
(¥100 million) FY '03: 1st half FY '03: 2nd half FY '04: 1st half
Capital expenditures 108 147 151
Japan 55 93 114
<Non-consolidated> <31> <44> <57>
Overseas 53 54 37
The Americas 17 11 7
Europe 15 13 8
Asia 21 30 22
Depreciation 133 133 130
Japan 73 83 74
<Non-consolidated> <39> <42> <37>
Overseas 60 50 56
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