Annual Report 2002 [PDF/1.6MB]

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITYKawasho Corporation and Consolidated SubsidiariesFor the years ended March 31, 2002 and 2001Millions of Yen2002 2001Thousands of U.S.Dollars (Note 1)2002Common stock:Balance at beginning of year¥ 13,039¥ 13,039$ 97,854Issuance of common stock5,00037,523Balance at end of year¥ 18,039¥ 13,039$ 135,377Additional paid-in capital:Balance at beginning of year¥ 8,894¥ 8,894$ 66,747Transfer to retained earnings(6,873)(51,580)Issuance of common stock5,00037,523Balance at end of year¥ 7,021¥ 8,894$ 52,690Net unrealized holding gain on land:Balance at beginning of year¥ ¥ $ Net change during the year35263Balance at end of year¥ 35¥ $ 263Retained earnings (deficit):Balance at beginning of year¥ (3,181)¥ 12,719$ (23,872)Net loss(11,871)(15,160)(89,089)Transfer from additional paid-in capital6,87351,580Bonuses to directors(17)Decrease resulting from merger ofconsolidated subsidiaries(8)Decrease resulting from elimination ofsubsidiaries from consolidation(597)Decrease resulting from discontinuing the equity methodof accounting for certain affiliates(118)Balance at end of year¥ (8,179)¥ (3,181)$ (61,381)Net unrealized holding loss on investment securities:Balance at beginning of year¥ ¥ $ Net change during the year(1,623)(12,180)Balance at end of year¥ (1,623)¥ $ (12,180)Translation adjustments:Balance at beginning of year¥ (7,103)¥ $ (53,306)Net change during the year1,871(7,103)14,041Balance at end of year¥ (5,232)¥ (7,103)$ (39,265)Treasury stock:Balance at beginning of year¥ (3)¥ (56)$ (23)Net change during the year1538Balance at end of year¥ (2)¥ (3)$ (15)See the accompanying Notes to Consolidated Financial Statements.33