Trust Recovery Growth Vitalization - Marubeni

Marubeni Corporation 2005 90 / 91
The accumulated balance of each component of accumulated other comprehensive losses at March 31, 2005, 2004 and 2003 was as follows:
Millions of yen
Unrealized Minimum Accumulated
gains (losses) Currency Unrealized pension other
on investment translation losses on liability comprehensive
securities adjustments derivatives adjustment losses
Balance at March 31, 2002 ......................................... ¥ 386 ¥(51,826) ¥ (715) ¥(220) ¥(52,375)
Change in the period ................................................... (8,749) (20,854) (4,101) (362) (34,066)
Balance at March 31, 2003 ......................................... (8,363) (72,680) (4,816) (582) (86,441)
Change in the period ................................................... 43,290 (15,247) (597) (30) 27,416
Balance at March 31, 2004 ......................................... 34,927 (87,927) (5,413) (612) (59,025)
Change in the period ................................................... 11,734 (1,659) 3,859 (35) 13,899
Balance at March 31, 2005 ......................................... ¥46,661 ¥(89,586) ¥(1,554) ¥(647) ¥(45,126)
Thousands of U.S. dollars
Unrealized Minimum Accumulated
gains (losses) Currency Unrealized pension other
on investment translation losses on liability comprehensive
securities adjustments derivatives adjustment losses
Balance at March 31, 2004 ......................................... $326,420 $(821,747) $(50,588) $(5,720) $(551,635)
Change in the period ................................................... 109,664 (15,505) 36,065 (327) 129,897
Balance at March 31, 2005 ......................................... $436,084 $(837,252) $(14,523) $(6,047) $(421,738)
14 Segment Information
The Company’s operating segments by which management
evaluates performance and allocates resources are classified in
terms of the nature of the products and services or areas. The
segments, by products and services, are managed by the divisions of
the Head Office. Domestic branches and offices, and overseas
corporate subsidiaries and branches operate in the respective areas
and are independent operating units. Each reportable segment
purchases, distributes and markets a wide variety of industrial and
consumer goods including raw materials and equipment relating to a
multitude of industries and, in addition, provides the related
financing, insurance and other services to these operations primarily
on a worldwide basis. The Company has twelve segments identified
by product and service, in addition to its domestic branches and
offices, and overseas corporate subsidiaries and branches. These
segments are outlined as follows:
Agri-marine products: This group produces, and sells and distributes
varieties of foods such as agricultural and sea-food products,
processed food and beverages, raw materials and fodder and
manure on a worldwide basis.
Textile: As an organization handling various textile-related goods
from raw materials through finished products, the group purchases
and produces raw materials for apparel and designs and sells apparel
and living products in addition to rendering distribution services on a
worldwide basis.
Forest products and general merchandise: Besides selling rubber
products, footwear and housing materials, the group operates leisure
facilities, manufactures and sells raw materials for paper production,
paper and paperboard, and takes part in afforestation projects in
Japan and internationally.
Chemicals: This group handles a wide variety of goods ranging from
basic materials to leading-edge finished products for bio technology
industries for sale in Japan and internationally. Especially, this group
focuses on furthering bolster efficient operations in electric materials,
basic chemicals, resin industries in China.
Energy: This group focuses on products related to energy such as oil
and gas. It also enters into various businesses which benefit from
the development of resources, such as retail gas stations.
Metals and mineral resources: This group produces, processes and
sells nonferrous light metals both domestically and internationally, in
addition to processing and selling raw materials for production of
steel and light metals internationally.
Transportation and industrial machinery: This group imports and
exports airplanes, defense-related equipment, aerospace-related
equipment, vehicles, construction equipment, agro-industrial
equipment, environmental and industrial equipment, personal
computers and related products, and medical equipment both
domestically and internationally.
Utility and infrastructure: This group develops and promotes the
privatization of electricity, water and solid waste businesses both
domestically and internationally. In addition, the group provides
construction, installation and supplies businesses related to railroads,
airports, harbors, bridges and others.
Plant and ship: This group handles projects and machinery related
to steel, cement, petrochemical, fertilizer, oil refinery and gas, sells
and holds new and old vessels and related materials, and operates
the ship chartering business, domestically and internationally.
Development and construction: This group develops and sells
condominiums, rents and leases commercial buildings and invests in
and manages real estate funds and trusts in Japan, and also
develops housing and residence outside of Japan.
Finance and logistics business: This group invests in and manages
investment funds and trades financial instruments. It also operates a
forwarding business, renders logistics related consultations and
invests in infrastructure projects for logistics. In addition, this group
acts as an agent in the insurance business.
Telecom and information: This group is engaged in information
technology-related businesses such as: IP network infrastructures;
overseas communication facilities; citizen identification-related
business; cellular phones; wholesale and cable and BS/CS broadcasting;
IC tag and radio frequency identification (RFID); ASP/ISP, etc.,
both domestically and internationally.
Domestic branches and offices: Domestic branches and offices are
located throughout Japan, including Hokkaido, Tohoku, Chubu,
Chugoku-Shikoku, Kyushu, and handle various merchandise and carry
out related activities.
Overseas corporate subsidiaries and branches: Overseas
corporate subsidiaries and branches are located throughout the
world, primarily in North America and Europe, and handle various
merchandise and perform related activities.