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SONY CORPORATION ANNUAL REPORT 2000
1
FINANCIAL HIGHLIGHTS
Sony Corporation and Consolidated Subsidiaries
Year ended March 31
Dollars in
Yen in millions millions except
except per share amounts per share amounts
1999 2000 2000
FOR THE YEAR
Sales and operating revenue . . . . . . . . . . . ¥6,804,182 ¥6,686,661 –1.7% $63,082
Operating income . . . . . . . . . . . . . . . . . . . 348,212 240,627 –30.9 2,270
Income before income taxes . . . . . . . . . . . 377,691 264,310 –30.0 2,493
Net income . . . . . . . . . . . . . . . . . . . . . . . . 179,004 121 ,835 –31.9 1 ,149
Per share data:
Net income — Basic . . . . . . . . . . . . . . . ¥ 218.4 ¥ 144.6 –33.8% $ 1.36
— Diluted . . . . . . . . . . . . . . 195.5 131 .7 –32.6 1.24
Cash dividends . . . . . . . . . . . . . . . . . . . 25.0 25.0 0.24
AT YEAR-END
Stockholders’ equity . . . . . . . . . . . . . . . . . ¥1,823,665 ¥2,1 82,906 +19.7% $20,593
Total assets . . . . . . . . . . . . . . . . . . . . . . . . 6,299,053 6,807,197 +8.1 64,21 9
Number of employees . . . . . . . . . . . . . . . . 185,200 189,700
Notes: 1. U.S. dolla r a mounts ha ve been tra nsla ted from yen, for convenience only, a t the ra te of ¥106=U.S.$1, the a pproxima te
Tokyo foreign excha nge ma rket ra te a s of Ma rch 31, 2000.
2. As of Ma rch 31, 2000, Sony ha d 1,080 consolida ted subsidia ries. It ha s a pplied the equity a ccounting method in
respect to its 81 a ffilia ted compa nies.
3. All per sha re da ta a re resta ted for a ll periods to reflect the two-for-one stock split tha t ha s become effective on Ma y 19,
2000.
4. Ca sh dividends per sha re for the yea r ended Ma rch 31, 2000 include a dividend which is subject to a pproval of the
Ordina ry Genera l Meeting of Sha reholders to be held on June 29, 2000.
5. Effective with the yea r ended Ma rch 31, 2000, equity in net ea rnings (losses) of a ffilia ted compa nies, which were
previously included in sa les a nd opera ting revenue, a re shown sepa ra tely below income before income taxes. As a
result, sa les a nd opera ting revenue, opera ting income, a nd income before income taxes figures for the yea r ended
Ma rch 31, 1999 ha ve been resta ted to conform to the presentation for the yea r ended March 31, 2000.
6. Income before income taxes a nd net income figures for the yea r ended Ma rch 31, 1999 include ga ins of ¥58.7
billion a nd ¥30.7 billion, respectively, which resulted from a contribution of securities to a n outside trust for
employee retirement benefit purposes.
7. The number of employees (including fixed-term employees) a t March 31, 1999 wa s higher tha n tha t previously
reported principa lly due to a djustments for undercounting.
Percent change
2000/1999