Sony
Annual Report 2003
Year Ended March 31, 2003
Financial Highlights
Sony Corporation and Consolidated Subsidiaries Year ended March 31
Yen in millions except per share amounts and number of employees
Percent change
Dollars in millions* except per share amounts
2002
2003
2003/2002
2003
FOR THE YEAR Sales and operating revenue Operating income Income before income taxes Income before cumulative effect of accounting changes Net income Per share data: Income before cumulative effect of accounting changes —Basic —Diluted Net income —Basic —Diluted Cash dividends AT YEAR-END Stockholders’ equity Total assets Number of employees
¥7,578,258 134,631 92,775 9,332 15,310
¥7,473,633 185,440 247,621 115,519 115,519
–1.4% +37.7 +166.9 +1,137.9 +654.5
$62,280 1,545 2,064 963 963
¥
10.21 10.18 16.72 16.67 25.00
¥
125.74 118.21 125.74 118.21 25.00
+1,131.5% +1,061.2 +652.0 +609.1
$
1.05 0.99 1.05 0.99 0.21
¥2,370,410 8,185,795 168,000
¥2,280,895 8,370,545 161,100
–3.8% +2.3
$19,007 69,755
* U.S. dollar amounts have been translated from yen, for convenience only, at the rate of ¥120=U.S.$1, the approximate Tokyo foreign exchange market rate as of March 31, 2003. Please refer to pages 61 and 62 for detailed footnotes to the table above.
Sony Corporation Annual Report 2003
Contents
To Our Shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management Discusses Key Issues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . At a Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sony World . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Research and Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corporate Social Responsibility . . . . . . . . . .
Year Ended March 31, 2003
Financial Highlights
Sony Corporation and Consolidated Subsidiaries Year ended March 31
Yen in millions except per share amounts and number of employees
Percent change
Dollars in millions* except per share amounts
2002
2003
2003/2002
2003
FOR THE YEAR Sales and operating revenue Operating income Income before income taxes Income before cumulative effect of accounting changes Net income Per share data: Income before cumulative effect of accounting changes —Basic —Diluted Net income —Basic —Diluted Cash dividends AT YEAR-END Stockholders’ equity Total assets Number of employees
¥7,578,258 134,631 92,775 9,332 15,310
¥7,473,633 185,440 247,621 115,519 115,519
–1.4% +37.7 +166.9 +1,137.9 +654.5
$62,280 1,545 2,064 963 963
¥
10.21 10.18 16.72 16.67 25.00
¥
125.74 118.21 125.74 118.21 25.00
+1,131.5% +1,061.2 +652.0 +609.1
$
1.05 0.99 1.05 0.99 0.21
¥2,370,410 8,185,795 168,000
¥2,280,895 8,370,545 161,100
–3.8% +2.3
$19,007 69,755
* U.S. dollar amounts have been translated from yen, for convenience only, at the rate of ¥120=U.S.$1, the approximate Tokyo foreign exchange market rate as of March 31, 2003. Please refer to pages 61 and 62 for detailed footnotes to the table above.
Sony Corporation Annual Report 2003
Contents
To Our Shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Management Discusses Key Issues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . At a Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sony World . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Research and Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corporate Social Responsibility . . . . . . . . . .