AnnualReport2015
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Non-consolidated:Millions of Japanese YenThousands of U.S. Dollars (*)2014201520142015Net sales.......................................................................................¥ 92,583¥ 99,157$ 771,529$ 826,315Operating income .........................................................................15,75316,626131,278138,557Income before income taxes ........................................................18,28117,863152,342148,864Net income ...................................................................................12,85112,182107,094101,519Total assets ..................................................................................186,463188,3921,553,8611,569,940Net assets.....................................................................................145,174149,9331,209,7851,249,444R & D expenses............................................................................10,68111,35789,01494,645Per share data (in Yen and U.S. Dollars)Net income ..............................................................................¥ 79.79¥ 75.64$ 0.66$ 0.63Cash 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.Net sales040206080100 11 12 13 14 15(¥ billion)Net income02468101214 11 12 13 14 15 11 12 13 14 15(¥ billion)Return on assets,Return on equity024681012(%)ROEROA3Annual Report 2015

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