AnnualReport2015
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FINANCIAL HIGHLIGHTS(*) The U.S. dollar amounts above and elsewhere in this report represent translations, solely for the convenience of the reader, using the exchange rate of JPY 120 = US$ 1.Net sales020406080100140120(¥ billion)Net income024681012141816(¥ billion)Return on assets,Return on equity024681012(%)ROEROA 11 12 13 14 15 11 12 13 14 15 11 12 13 14 15Consolidated:Millions of Japanese YenThousands of U.S. Dollars (*)2014201520142015Net sales.......................................................................................¥ 112,092¥ 120,691$ 934,105$ 1,005,759Operating income .........................................................................21,66523,596180,544196,633Income before income taxes and minority interests .....................22,46224,672187,184205,607Net income ...................................................................................15,15516,598126,297138,320Total assets ..................................................................................215,412226,1791,795,1021,884,832Net assets.....................................................................................168,815180,7701,406,7971,506,423R & D expenses............................................................................10,97711,61591,47896,793Per share data (in Yen and U.S. Dollars)Net income ..............................................................................¥ 94.26¥ 103.23$ 0.78$ 0.86Cash dividends .......................................................................¥ 55.00¥ 49.00$ 0.45$ 0.40*Hamamatsu Photonics implemented a two-for-one stock split on April 1, 2015. Net income per share has been calculated by assuming this stock split was executed at the beginning of the scal year ended September 30, 2014. And our annual cash dividends for the current scal year came to JPY 49 (US$ 0.40) per share. When translated into the equivalent value before the two-for-one stock split, the annual cash dividends come to JPY 68 (US$ 0.56) per share, up by JPY 13 (US$ 0.11) per share from the previous scal year.2

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