FINANCIAL SECTION Five-Year Summary 26 Yen  U.S. Dollars (millions) (thousands) (excluding per share data, D/E ratio, and number of employees) Years ended March 31 2000 2001 2002 2003 2004 2004 Net sales  ·5,255,102 ·5,484,426 ·5,006,977 ·4,617,580 ·4,766,888 $44,970,642 Operating income (loss) 149,974 244,026 (74,426) 100,427 150,342 1,418,321 Income (loss) before income taxes  and minority interests 74,857 157,564 (594,733) (147,606) 157,018 1,481,302 Net income (loss) 42,734 8,521 (382,542) (122,066) 49,704 468,906 Total assets ·5,019,744 ·5,200,071 ·4,595,804 ·4,225,361 ·3,865,589 $36,467,821 ShareholdersGLYPH<213> equity 1,176,528 1,214,383 853,756 702,390 827,177 7,803,557 Amounts per share of common stock (Yen and U.S. dollars): Earnings (loss) Basic · 22.1 · 4.3 · (193.0) · (61.3) · 24.5 $ 0.231 Diluted 21.5 4.3 (193.0) (61.3) 22.2 0.209 Cash dividends 10.0 10.0 5.0 GLYPH<209> 3.0 0.028 ShareholdersGLYPH<213> equity 599.4 614.2 426.5 350.8 413.2 3.898 Interest-bearing loans ·1,725,075 ·1,636,224 ·1,760,626 ·1,763,769 ·1,277,121 $12,048,311 D/E ratio (times) 1.47 1.35 2.06 2.51 1.54 Free cash flow 128,754 129,653 (102,892) 53,382 371,434 3,504,094 R&D expenditure · 401,057 · 403,405 · 349,855 · 285,735 · 250,910 $ 2,367,075 Capital expenditure 325,706 438,043 306,966 147,620 159,795 1,507,500 Number of employees 188,053 187,399 170,111 157,044 156,169 Net sales by business segment (excluding intersegment sales): Software & Services ·1,969,038 ·2,014,375 ·2,085,863 ·2,025,790 ·2,094,261 $19,757,179 Platforms 2,384,192 2,349,854 2,015,226 1,612,016 1,608,178 15,171,491 Electronic Devices 568,159 759,723 546,555 618,632 734,320 6,927,547 Financing 113,070 107,246 114,472 119,279 50,391 475,387 Other operations 220,643 253,228 244,861 241,863 279,738 2,639,038 Total ·5,255,102 ·5,484,426 ·5,006,977 ·4,617,580 ·4,766,888 $44,970,642 Net sales by customersGLYPH<213> geographic location: Japan ·3,352,837 ·3,590,282 ·3,460,915 ·3,280,665 ·3,378,265 $31,870,425 Europe 819,082 725,756 643,260 568,763 605,051 5,708,028 The Americas 688,179 765,288 542,144 390,482 324,269 3,059,142 Asia & Australasia 371,458 383,560 346,425 369,022 452,853 4,272,198 Africa & the Middle East 23,546 19,540 14,233 8,648 6,450 60,849 Total ·5,255,102 ·5,484,426 ·5,006,977 ·4,617,580 ·4,766,888 $44,970,642 Notes: 1.See Note 17 of Notes to Consolidated Financial Statements for specific calculation of basic and diluted earnings per share. 2.The U.S. dollar amounts above and in the following ManagementGLYPH<213>s Discussion and Analysis of Operations have been translated from yen, for convenience only, at the rate of ·106 = US$1, which was the approximate Tokyo foreign exchange market rate at March 31, 2004. 3.Cash dividends per share of common stock for the year ended March 31, 2004 was the year-end dividend approved at the Annual ShareholdersGLYPH<213> Meeting on June 23, 2004.