Small appliances market in Japan

escalator, fuel, integrated circuit, ozone, air conditioner, air conditioners, air-conditioner, air-conditioners, asset management, automobile, banks, books, building construction, car navigation, compressor, consumer products, control system, electricity, electronic components, electronics, erp, financial institutions, ic cards, industrial equipment, information technology, life insurance, logistics, merchandising, mobile handset, mobile handsets, multimedia, nuclear power, pcs, photovoltaic, power generation, real estate, recycling, refrigerators, savings, semiconductor, semiconductors, server, servers, sewerage, software, surveillance, televisions, trading, water heaters, water supply,

mitsubishi electric group environmental action logo http global mitsubishielectric com x x01 3 c6395 b hq0308 mdoc printed in japan for further information denki building 2 marunouchi chiyoda ku tokyo 100 8310 phone 81 3218 2111 facsimile 2185 2391 corporate finance department 2323 advertising yen us dollars millions thousands 2003 2002 2001 net sales 639 071 648 986 4 129 493 30 325 592 operating income loss 63 140 68 027 195 390 526 167 11 825 77 970 124 786 98 542 total assets 673 637 057 404 181 629 613 642 shareholders equity 394 587 541 710 678 173 288 225 capital expenditure 133 223 221 092 296 996 1 110 192 r&d 179 562 204 652 196 402 495 833 per share amounts basic 5 51 36 31 58 12 0 046 diluted 56 55 cash dividends declared 10 025 see accompanying notes to consolidated financial statements figures parentheses are negative numbers contents at a glance president s message