QUARTERLY SALES REVIEW
Summary of regional performance profiles
As mentioned in the previous page, the performances of subsidiaries operating in the three
major marketing regions (Asia, Europe, the Americas) have diverged only slightly over the
past five years. These subsidiaries each demonstrate a different performance profile, and
these difference can be accounted for in part by the contrasting economic conditions
prevailing in each region. The Asian subsidiary has experienced a sustained period of
growth during the five-year period covered in this report. Performances in Europe and the
Americas have also been positive. The European market, in particular, continues to show a
constant, steady growth towards higher overall sales figures. As for the Americas, this
region has also reported healthy growth.
Evaluation of current term sales volume
Early indications for the current term
suggest that the trends described in this
report will continue their upward
trajectory. Cumulative sales statistics for
FY2000 indicated a profit of USD242
million, a figure that exceeded both the
initial estimate and the revised estimate.
This was the fifth consecutive fiscal year
that the actual earnings had exceeded
both the initial and revised earnings
estimates. The trend began in FY1996, the
first year for which net earnings figures
were consolidated among the three
regional subsidiaries. As is visible from
the following graph, the most significant
jump occurred during FY97 and FY98,
when new systems were implemented to
boost production capabilities in a number
of key strategic sub-regions.
August 23, 2001
1
2
2001 1997199819992000
170
238
189
242
228
QUARTERLY SALES REVIEW
Summary of regional performance profiles
As mentioned in the previous page, the performances of subsidiaries operating in the three
major marketing regions (Asia, Europe, the Americas) have diverged only slightly over the
past five years. These subsidiaries each demonstrate a different performance profile, and
these difference can be accounted for in part by the contrasting economic conditions
prevailing in each region. The Asian subsidiary has experienced a sustained period of
growth during the five-year period covered in this report. Performances in Europe and the
Americas have also been positive. The European market, in particular, continues to show a
constant, steady growth towards higher overall sales figures. As for the Americas, this
region has also reported healthy growth.
Evaluation of current term sales volume
Early indications for the current term
suggest that the trends described in this
report will continue their upward
trajectory. Cumulative sales statistics for
FY2000 indicated a profit of USD242
million, a figure that exceeded both the
initial estimate and the revised estimate.
This was the fifth consecutive fiscal year
that the actual earnings had exceeded
both the initial and revised earnings
estimates. The trend began in FY1996, the
first year for which net earnings figures
were consolidated among the three
regional subsidiaries. As is visible from
the following graph, the most significant
jump occurred during FY97 and FY98,
when new systems were implemented to
boost production capabilities in a number
of key strategic sub-regions.
Init. Est.
Rev. Est.
Unit: 1 million USD
August 23, 2001
1
2
170
238
189
242
228
Summary of regional performance profiles
As mentioned in the previous page, the performances of subsidiaries operating in the three
major marketing regions (Asia, Europe, the Americas) have diverged only slightly over the
past five years. These subsidiaries each demonstrate a different performance profile, and
these difference can be accounted for in part by the contrasting economic conditions
prevailing in each region. The Asian subsidiary has experienced a sustained period of
growth during the five-year period covered in this report. Performances in Europe and the
Americas have also been positive. The European market, in particular, continues to show a
constant, steady growth towards higher overall sales figures. As for the Americas, this
region has also reported healthy growth.
Evaluation of current term sales volume
Early indications for the current term
suggest that the trends described in this
report will continue their upward trajectory.
Cumulative sales statistics for FY2000
indicated a profit of USD242 million, a figure
that exceeded both the initial estimate and
the revised estimate. This was the fifth
consecutive fiscal year that the actual
earnings had exceeded both the initial and
revised earnings estimates. The trend began
in FY1996, the first year for which net
earnings figures were consolidated among
the three regional subsidiaries. As is visible
from the following graph, the most
significant jump occurred during FY97 and
FY98, when new systems were implemented
to boost production capabilities in a number
of key strategic sub-regions.
Unit: 1 million USD
2001 1997199819992000
170
238
189
242
228
Init. Est.
Rev. Est.
Unit: 1 million USD