Fiscal year 2002  (For the year ended Mar. 31, 2003) Other foreign  Japan North America Europe countries Total Eliminations Consolidated Millions of yen Sales to third parties .......................................... ¥2,554,374 ¥2,879,500 ¥963,440 ¥431,274 ¥6,828,588 ¥ — ¥6,828,588 Inter-area sales and transfers .............................. 1,766,102 32,763 26,765 4,174 1,829,804 (1,829,804) — Total sales ................................................................... 4,320,476 2,912,263 990,205 435,448 8,658,392 (1,829,804) 6,828,588 Operating expenses ........................................... 3,929,920 2,607,699 968,253 418,682 7,924,554 (1,833,196) 6,091,358 Operating income ................................................. ¥ 390,556 ¥ 304,564 ¥ 21,952 ¥ 16,766 ¥ 733,838 ¥ 3,392 ¥ 737,230 Total assets ............................................................... ¥4,881,842 ¥3,463,261 ¥502,028 ¥140,849 ¥8,987,980 ¥(1,638,797) ¥7,349,183 Fiscal year 2004  (For the year ended Mar. 31, 2005) Other foreign  North America Europe countries Total Millions of yen Overseas sales .................................................................................................................................................... ¥3,662,436 ¥1,269,204 ¥1,401,592 ¥6,333,232 Consolidated net sales ................................................................................................................................. 8,576,277 Thousands of U.S. dollars Overseas sales ................................................................................................................................................ $34,228,374 $11,861,720 $13,098,991 $59,189,085 Consolidated net sales ............................................................................................................................. 80,152,122 Overseas sales as a percentage of consolidated net sales ...................................... 42.7% 14.8% 16.3% 73.8% Fiscal year 2003  (For the year ended Mar. 31, 2004) Other foreign  North America Europe countries Total Millions of yen Overseas sales .................................................................................................................................................... ¥3,222,497 ¥1,201,035 ¥773,248 ¥5,196,780 Consolidated net sales ................................................................................................................................. 7,429,219 Overseas sales as a percentage of consolidated net sales .......................................... 43.4% 16.2% 10.4% 70.0% Fiscal year 2002  (For the year ended Mar. 31, 2003) Other foreign  North America Europe countries Total Millions of yen Overseas sales .................................................................................................................................................... ¥2,785,334 ¥974,872 ¥763,368 ¥4,523,574 Consolidated net sales ................................................................................................................................. 6,828,588 Overseas sales as a percentage of consolidated net sales .......................................... 40.8% 14.3% 11.1% 66.2% Overseas sales, which include export sales of the Company and its domestic consolidated subsidiaries and sales (other than exports to Japan) of the foreign consolidated subsidiaries, for the years ended March 31, 2005, 2004 and 2003 are summarized as follows: Overseas sales Nissan Annual Report 2004 102 FINANCIAL SECTION