Financial Information and References

Consolidated Financial Statements
Consolidated Balance Sheets
SECOM CO., LTD. and Subsidiaries
March 31, 2022 and 2021

ASSETS
Current assets:
Cash and cash equivalents .........................................................................................................
Time deposits ..................................................................................................................................
Cash deposits for armored car services.................................................................................
Short-term investments ..............................................................................................................
Notes and accounts receivable, trade .....................................................................................
Due from subscribers ...................................................................................................................
Inventories .......................................................................................................................................
Short-term deferred charges ....................................................................................................
Short-term receivables ................................................................................................................
Allowance for doubtful accounts ..............................................................................................
Deferred insurance acquisition costs ......................................................................................
Other current assets .....................................................................................................................
Total current assets .............................................................................................................

Investments and long-term receivables:
Investment securities ...................................................................................................................
Investments in affiliated companies ........................................................................................
Long-term receivables .................................................................................................................
Lease deposits ................................................................................................................................
Other investments .........................................................................................................................
Allowance for doubtful accounts ..............................................................................................

In millions of yen

Translation into
thousands of
U.S. dollars

March 31

March 31

2022

2021

2022

¥ 531,555
8,972
136,478
26,528
165,415
61,30038,171
7,973
26,192(2,077)3,554
22,597
1,026,658¥ 502,201
9,587
138,890
21,220
153,41061,47931,784
7,887
27,666(1,708)2,640
24,375
979,431$ 4,357,008
73,541
1,118,672
217,443
1,355,861
502,459
312,877
65,352
214,689(17,025)
29,131
185,222
8,415,230

215,01271,66334,984
20,69911,380(4,201)
349,537

214,107
67,13039,602
19,731
11,105(4,002)
347,673

1,762,393
587,402286,754
169,664
93,279(34,434)
2,865,058

LIABILITIES AND EQUITYCurrent liabilities:
Bank loans .......................................................................................................................................
Current portion of long-term debt ............................................................................................
Notes and accounts payable, trade ..........................................................................................
Other payables ................................................................................................................................
Deposits received...........................................................................................................................
Deferred revenue ...........................................................................................................................
Accrued income taxes ..................................................................................................................
Accrued payroll ..............................................................................................................................
Current operating lease liabilities.............................................................................................
Other current liabilities ................................................................................................................
Total current liabilities ........................................................................................................
Long-term liabilities:
Long-term debt...............................................................................................................................
Guarantee deposits received ......................................................................................................
Accured pension and severance costs ....................................................................................
Long-term deferred revenue......................................................................................................
Unearned premiums and other insurance liabilities ..........................................................
Investment deposits by policyholders .....................................................................................
Deferred income taxes .................................................................................................................
Noncurrent operating lease liabilities .....................................................................................
Other long-term liabilities ...........................................................................................................
Total long-term liabilities ...................................................................................................
Total liabilities ......................................................................................................................

In millions of yen

Translation into
thousands of
U.S. dollars

March 31

March 31

2021

2022

2022

¥

31,814
15,121
46,03844,669124,001
38,25926,665
41,526
20,45030,622
419,165¥

33,852
15,45744,26543,679123,808
37,93823,56041,11920,44835,876420,002$260,770
123,943
377,361
366,139
1,016,402
313,598
218,566
340,377
167,623251,001
3,435,780

51,84423,23830,244
16,545133,014
16,966
14,277
116,962
16,262
419,352
838,51753,492
23,34629,868
17,944133,118
19,82913,470120,052
15,542426,661
846,663

424,951
190,475
247,902135,615
1,090,279
139,066
117,025
958,705
133,295
3,437,313
6,873,093

66,41963,014
10,972
1,139,866

66,41074,607
10,884
1,070,419

544,418
516,508
89,934
9,343,164

2,424
3,325
2,929
8,678

2,566
(658)
(8,120)(6,212)

19,86927,25424,00871,131(79,437)
1,209,512
135,437
1,344,949¥2,183,466(73,785)
1,142,323
148,820
1,291,143¥2,137,806(651,123)
9,914,032
1,110,139
11,024,171$17,897,264

Commitments and contingent liabilities
Property, plant and equipment:
Land ...................................................................................................................................................
Buildings and improvements .....................................................................................................
Security equipment and control stations ...............................................................................
Machinery, equipment and automobiles.................................................................................
Construction in progress .............................................................................................................
Accumulated depreciation ..........................................................................................................

Other assets:
Operating lease right-of-use assets ........................................................................................
Long-term deferred charges......................................................................................................
Goodwill ............................................................................................................................................
Other intangible assets ................................................................................................................
Prepaid pension and severance costs.....................................................................................
Deferred income taxes .................................................................................................................
Total assets............................................................................................................................

66

SECOM REPORT 2022

121,890388,254
365,350
163,887
9,773
1,049,154(624,313)
424,841

137,412
13,174
109,653
58,67647,852
15,663
382,430¥2,183,466

120,613377,361355,945
160,139
10,166
1,024,224(595,115)
429,109140,500
13,905
109,946
58,37639,532
19,334
381,593¥2,137,806

999,098
3,182,410
2,994,672
1,343,336
80,1078,599,623(5,117,320)
3,482,303

1,126,328
107,984
898,795
480,951
392,230
128,385
3,134,673$17,897,264

Equity:SECOM CO., LTD. shareholders' equity:
Common stock
Authorized—900,000,000 shares, issued 233,298,049 shares in 2022
Authorized—900,000,000 shares, issued 233,295,926 shares in 2021....................
Additional paid-in capital .............................................................................................................
Legal reserve ..................................................................................................................................
Retained earnings..........................................................................................................................
Accumulated other comprehensive income (loss):
Unrealized gains on securities ..............................................................................................
Pension liability adjustments.................................................................................................
Foreign currency translation adjustments........................................................................
Common stock in treasury, at cost:
15,215,218 shares in 2022 and 15,034,565 shares in 2021 ........................................
Total SECOM CO., LTD. shareholders' equity.....................................................................
Noncontrolling interests...................................................................................................................
Total equity ............................................................................................................................
Total liabilities and equity.................................................................................................

SECOM REPORT 2022

67

Financial Information and References/Consolidated Financial Statements

Consolidated Statements of Income

Consolidated Statements of Changes in Equity

SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2022

SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2022

Net sales and operating revenue ......................................................................................................
Costs and expenses:
Cost of sales .........................................................................................................................................
Selling, general and administrative expenses...........................................................................
Impairment loss on long-lived assets..........................................................................................
Impairment loss on goodwill ..........................................................................................................
Gain and loss on sales and disposal of fixed assets, net .......................................................
Operating income ...............................................................................................................
Other income:Interest and dividends ......................................................................................................................
Gain and loss on sales of securities, net .....................................................................................
Gain on other-than-temporary impairment of investment securities ...............................
Gain on private equity investments ..............................................................................................
Other.......................................................................................................................................................
Other expenses:
Interest ..................................................................................................................................................
Gain and loss on sales of securities, net .....................................................................................
Loss on other-than-temporary impairment of investment securities ...............................
Loss on private equity investments ..............................................................................................
Other.......................................................................................................................................................
Income from continuing operations before income taxes and equity
in net income of affiliated companies.......................................................................
Income taxes:
Current...................................................................................................................................................
Deferred ................................................................................................................................................
Income from continuing operations before equity
in net income of affiliated companies.......................................................................
Equity in net income of affiliated companies ................................................................................
Income from continuing operations ............................................................................
Income (loss) from discontinued operations, net of tax ............................................................
Net income ...........................................................................................................................
Less: Net income attributable to noncontrolling interests ......................................................
Net income attributable to SECOM CO., LTD. ...........................................................

Per share data:
Income from continuing operations attributable to SECOM CO., LTD. ...............................
Income (loss) from discontinued operations attributable to SECOM CO., LTD. ...............
Net income attributable to SECOM CO., LTD. .............................................................................
Cash dividends per share ....................................................................................................................

In millions of yen

Translation into
thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥1,166,098¥1,135,339¥1,132,632$9,558,180

802,443
204,190
113
268
2,682
1,009,696
156,402790,288
201,723
95
5,660
1,764
999,530
135,809795,318
203,223
952
758
2,754
1,003,005
129,627

6,577,402
1,673,689
926
2,197
21,984
8,276,198
1,281,982

1,784
334
—
3,072
4,480
9,670

1,880
—
4,594
—
5,647
12,121

1,961
2,297
—
—
5,545
9,803

14,623
2,738—
25,18036,722
79,263

1,165
—
848
—
2,370
4,383

1,168
121
—
302
1,254
2,845

1,120
—
3,738
139
1,477
6,474

9,549
—
6,951
—
19,42735,927

161,689

145,085

132,956

1,325,318

46,7382,426
49,16443,743
3,855
47,59845,546(4,711)
40,835

383,098
19,885402,983

112,525
6,639
119,164—
119,164(11,433)¥ 107,731

97,487
6,578
104,065(2,570)101,495(11,582)¥ 89,913

92,121
6,654
98,775975
99,750(12,614)
87,136922,335
54,418976,753—
976,753(93,713)$ 883,040

In yenTranslation into
U.S. dollars

Years ended
March 31

Year ended
March 31¥

SECOM REPORT 2022

Balance, March 31, 2019 ......................................................... 233,292,219
Comprehensive income:—Net income .............................................................................
Other comprehensive income (loss), net of tax:—
Unrealized gains on securities .................................
Pension liability adjustments ....................................
—
Foreign currency translation adjustments............
—
Total comprehensive income ...........................................
Issuance of new stocks.............................................................
1,779
Cash dividends paid to SECOM CO., LTD. shareholders...
—
Cash dividends paid to noncontrolling interests ...............
—
Transfer to legal reserve ..........................................................
—
Equity transactions with noncontrolling interests—and other.....................................................................................
Gains on disposal of treasury stock......................................
—Net changes in treasury stock ................................................
—
Balance, March 31, 2020 ......................................................... 233,293,998
Comprehensive income:—Net income .............................................................................
Other comprehensive income (loss), net of tax:—
Unrealized gains on securities .................................
Pension liability adjustments ....................................
—
Foreign currency translation adjustments............
—
Total comprehensive income ...........................................
Issuance of new stocks.............................................................
1,928
Cash dividends paid to SECOM CO., LTD. shareholders...
—
Cash dividends paid to noncontrolling interests ...............
—
Transfer to legal reserve ..........................................................
—
Equity transactions with noncontrolling interestsand other.....................................................................................
—
Gains on disposal of treasury stock......................................
—Net changes in treasury stock ................................................
—
Balance, March 31, 2021 ......................................................... 233,295,926
Comprehensive income:—Net income .............................................................................
Other comprehensive income (loss), net of tax:
Unrealized gains on securities .................................
—
Pension liability adjustments ....................................
—
Foreign currency translation adjustments............
—
Total comprehensive income ...........................................
Issuance of new stocks.............................................................
2,123
Cash dividends paid to SECOM CO., LTD. shareholders...
—
Cash dividends paid to noncontrolling interests ...............
—
Transfer to legal reserve ..........................................................
—
Equity transactions with noncontrolling interestsand other.....................................................................................
—
Gains on disposal of treasury stock......................................
—Net changes in treasury stock ................................................
—
Balance, March 31, 2022 ......................................................... 233,298,049

Commonstock

Additional
paid-in
capitalLegalreserve

Retainedearnings¥66,393¥73,166¥10,783¥ 967,679

—

—

—

—
—
—

—
—
—

8
—
—
—

¥131,718¥1,175,902

87,136——

87,136

12,61499,750

—
—
—

—
—
—

(263)
(3,858)(2,862)

—
—
—

8
—
—
—

—
—
—
50

—
(37,104)
—
(50)

—
—
—
—

—
—
—
—

(263)
(3,858)(2,862)80,153
16(37,104)
—
—

—
(178)
(72)
12,364——(3,438)—(263)(4,036)(2,934)92,517
16(37,104)(3,438)————66,4011,506
0—74,680———10,833———
1,017,661———(7,061)—0(17)(73,776)

1,506
0
(17)
1,088,738(1,975)——
138,669

(469)
0
(17)
1,227,407———

89,913——89,913

11,582

101,495

—
—
—

—
—
—

—
—
—

—
—
—

519
3,942
(3,612)

—
—
—

9
—
—
—

9
—
—
—

—
—
—
51

—
(37,104)
—
(51)

—
—
—
—

—
—
—
—

519
3,942
(3,612)
90,762
18(37,104)
—
—

—
520
(363)
11,739——(2,523)
—

519
4,462
(3,975)102,501
18(37,104)(2,523)————
66,410(82)——
74,607———
10,884———
1,070,419———(6,212)——(9)(73,785)

(82)
—
(9)
1,142,323

935——
148,820853—(9)1,291,143———

107,731——

107,731

11,433

119,164

—
—
—

—
—
—

—
—
—

—
—
—

(142)
3,983
11,049

—
—
—

9
—
—
—

9
—
—
—

—
—
—
88

—
(38,196)
—
(88)

—
—
—
—

—
—
—
—

(142)
3,983
11,049122,621
18(38,196)
—
—

—
(7)
629
12,055——(2,965)
—

(142)
3,976
11,678
134,676
18(38,196)(2,965)—(11,602)—0———¥63,014 ¥10,972———¥1,139,866———¥ 8,678—
0(5,652)(¥79,437)(11,602)0(5,652)¥1,209,512

Commonstock intreasury,
at costCommonstock¥492.83—
492.83¥175.00¥423.73(11.78)411.95¥170.00¥394.76
4.47
399.23¥170.00

$4.04
—
4.04
$1.43

In millions of yen

Translation into
thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

Balance, March 31, 2021 ...................................................................................... $544,344
Comprehensive income:—Net income ..........................................................................................................
Other comprehensive income (loss), net of tax:—
Unrealized gains on securities ..............................................................
Pension liability adjustments .................................................................
—
Foreign currency translation adjustments.........................................
—
Total comprehensive income ........................................................................
Issuance of new stocks..........................................................................................
74
Cash dividends paid to SECOM CO., LTD. shareholders................................
—Cash dividends paid to noncontrolling interests ............................................
—
Transfer to legal reserve .......................................................................................
—
Equity transactions with noncontrolling interestsand other..................................................................................................................
—
Gains on disposal of treasury stock...................................................................
—Net changes in treasury stock .............................................................................
—
Balance, March 31, 2022 ...................................................................................... $544,418

2020

2022

¥119,164¥101,495¥99,750$ 976,753

(142)
3,976
11,678
134,676(12,055)¥122,621

519
4,462(3,975)102,501(11,739)¥ 90,762(263)(4,037)(2,934)92,516(12,364)¥80,152(1,164)32,59095,721
1,103,900(98,811)$1,005,089(22,473)(34,075)—
0—(5,652)¥135,437 ¥1,344,949

Translation into thousands of U.S. dollars

2022

2021

Total

¥1,044,184

2020

2022

Total
SECOM CO., LTD.
shareholders’ Noncontrolling
equityinterests(¥73,759)———¥66,419(¥

Commonstock intreasury,
at cost78)

2021

SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2022

68

Number ofsharesissued2022

Consolidated Statements of Comprehensive Income

Comprehensive income:Net income ...........................................................................................................................................
Other comprehensive income (loss), net of tax:
Unrealized gains on securities ..................................................................................................
Pension liability adjustments ....................................................................................................
Foreign currency translation adjustments ............................................................................
Total comprehensive income ........................................................................................................
Less: Comprehensive income attributable to noncontrolling interests ..............................
Comprehensive income attributable to SECOM CO., LTD. .............................................

In millions of yen
Accumulated
other comprehensive
income (loss)

Additional
paid-in
capitalLegalreserve

Retainedearnings

Accumulated
other comprehensive
income (loss)

Total
SECOM CO., LTD.
shareholders’ Noncontrolling
equityinterests$611,533$89,213$8,773,926($50,918)($604,795)$9,363,303——

883,040——

883,040

93,713

976,753

—
—
—

—
—
—

—
—
—

(1,164)32,64790,566

—
—
—

74
—
—
—

—
—
—
721

—
(313,081)
—
(721)

—
—
—
—

—
—
—
—

(1,164)32,64790,566
1,005,089
148(313,081)
—
—

—
(57)
5,155
98,811——(24,303)—(1,164)32,59095,721
1,103,900
148(313,081)(24,303)—(95,099)—0———$516,508 $89,934———$9,343,164———$71,131—0(46,328)($651,123)(95,099)
0(46,328)$9,914,032

Total$1,219,836 $10,583,139(184,205)(279,304)—
0—(46,328)$1,110,139 $11,024,171

SECOM REPORT 2022

69

Financial Information and References/Consolidated Financial Statements

Consolidated Statements of Cash Flows

Segment Information

SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2022

Cash flows from operating activities:
Net income ...........................................................................................................................................
Adjustments to reconcile net income to net cash provided by operating activities—
Depreciation and amortization, including amortization of deferred charges .............
Accrual for pension and severance costs, less payments ...............................................
Deferred income taxes, including discontinued operations .............................................
Gain and loss on sales and disposal of fixed assets, net ..................................................
Impairment loss on long-lived assets ....................................................................................
Write-down on real estate inventories ...................................................................................
Gain and loss on private equity investments ........................................................................
Impairment loss on goodwill .....................................................................................................
Gain on sales of securities, net .................................................................................................
Loss on other-than-temporary impairment of investment securities ..........................
Equity in net income of affiliated companies........................................................................
Changes in assets and liabilities, net of effects from acquisitions and disposals:(Increase) decrease in cash deposits for armored car services ...............................
(Increase) decrease in receivables and due from subscribers,
net of allowances ...................................................................................................................
(Increase) decrease in inventories ......................................................................................
Increase in deferred charges ...............................................................................................
Increase (decrease) in notes and accounts payable .....................................................
Increase (decrease) in deposits received .........................................................................
Increase (decrease) in deferred revenue ..........................................................................
Increase (decrease) in accrued income taxes .................................................................
Increase (decrease) in guarantee deposits received.....................................................
Increase (decrease) in unearned premiums and other insurance liabilities .........
Increase (decrease) in accrued consumption tax ..........................................................
Other, net ....................................................................................................................................
Net cash provided by operating activities ...................................................................
Cash flows from investing activities:(Increase) decrease in time deposits ...........................................................................................
Proceeds from sales of property, plant and equipment .........................................................
Payments for purchases of property, plant and equipment ..................................................
Payments for purchases of intangible assets ...........................................................................
Proceeds from sales and redemptions of investment securities ........................................
Payments for purchases of investment securities ..................................................................
(Increase) decrease in short-term investments .......................................................................
Proceeds from sale of subsidiaries, net of cash and cash equivalents disposed of......
Acquisitions, net of cash acquired.................................................................................................
(Increase) decrease in short-term receivables, net .................................................................
Payments for long-term receivables............................................................................................
Proceeds from long-term receivables .........................................................................................
Other, net ...............................................................................................................................................
Net cash used in investing activities .............................................................................
Cash flows from financing activities:
Proceeds from long-term debt.......................................................................................................
Repayments of long-term debt ......................................................................................................
Increase (decrease) in bank loans, net ........................................................................................
Increase (decrease) in investment deposits by policyholders ..............................................
Dividends paid to SECOM CO., LTD. shareholders .....................................................................
Dividends paid to noncontrolling interests .................................................................................
Payments for acquisition of shares of consolidated subsidiaries fromnoncontrolling interest holders ...................................................................................................
Increase in treasury stock, net .......................................................................................................
Other, net ...............................................................................................................................................
Net cash used in financing activities ............................................................................
Effect of exchange rate changes on cash and cash equivalents ............................................
Net increase in cash and cash equivalents ...................................................................................
Cash and cash equivalents at beginning of year .........................................................................
Cash and cash equivalents at end of year......................................................................................

70

SECOM REPORT 2022

In millions of yen

Translation into
thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥119,164¥101,495¥ 99,750$ 976,753

78,507(2,659)
2,426
2,682
113
—
(3,072)
268
(709)
2,373
(6,639)78,716(2,110)
3,859
1,788
95
20
302
5,660
2,476
(11,441)(6,578)77,574
1,193(4,715)
2,770
952
66
139
758
(2,962)
8,540(6,654)

643,500(21,795)
19,88521,984926—(25,180)
2,197(5,811)
19,451(54,418)

2,412

2,016

1,430

19,770(10,450)(5,415)(8,015)
2,986
163(1,391)
4,022
(210)
(103)
(4,121)
12,961
185,293

14,319(787)(8,985)(4,077)1,061(1,807)(935)(1,197)
4,209
1,295
9,329
188,723(10,576)
9,256(11,754)
2,361(4,822)
1,874
5,146
(352)
4,600
4,529
5,295
184,398(85,656)(44,385)(65,697)
24,475
1,336(11,402)32,967(1,721)(844)(33,779)
106,239
1,518,795

738
3,602
(55,075)(10,778)
33,243(31,683)
—
(3)
—
57
(703)
1,975
(1,734)(60,361)(593)
766(50,122)(10,738)
47,859(55,991)
9,269
14,633(7,098)310(1,472)
1,947(1,719)(52,949)

1,564
1,178
(63,126)(11,722)
50,259(45,325)(1,357)
2,670
(725)
(147)
(1,416)
1,578(42)(66,611)

6,049
29,525(451,434)(88,344)
272,484(259,697)
—
(25)
—
467
(5,762)
16,189(14,214)(494,762)

5,349(16,953)(1,903)(2,863)(38,196)(2,965)

16,699(18,752)(4,500)(1,687)(37,104)(2,600)8,802(18,793)162(2,099)(37,104)(3,425)43,844(138,959)(15,598)(23,467)(313,081)(24,303)(28,573)(11,241)72(97,273)
1,695
29,354502,201¥531,555

(241)
(9)
478
(47,716)(525)
87,533414,668¥502,201

(659)
(16)
190
(52,942)93
64,938349,730¥414,668(234,205)(92,139)588(797,320)
13,893
240,606
4,116,402$4,357,008

Information by business and geographic segments for the years ended and as of March 31, 2022, 2021 and 2020 is as follows:(1) Business Segment Information

Net sales and operating revenue:
Security services—

Customers .......................................................................
Intersegment ..................................................................

Fire protection services—

Customers .......................................................................
Intersegment ..................................................................

Medical services—

Customers .......................................................................
Intersegment ..................................................................

Insurance services—

Customers .......................................................................
Intersegment ..................................................................

Geospatial information services— Customers .......................................................................
Intersegment ..................................................................
BPO and ICT services—

Customers .......................................................................
Intersegment ..................................................................

Other services—

Customers .......................................................................
Intersegment ..................................................................

Total ........................................................................................................................................................
Eliminations .........................................................................................................................................
Total net sales and operating revenue ...................................................................................

Operating income (loss):
Security services ................................................................................................................................
Fire protection services ....................................................................................................................
Medical services .................................................................................................................................
Insurance services .............................................................................................................................
Geospatial information services ....................................................................................................
BPO and ICT services ........................................................................................................................
Other services .....................................................................................................................................
Total ........................................................................................................................................................
Corporate expenses and eliminations .........................................................................................
Operating income ...............................................................................................................................
Other income .......................................................................................................................................
Other expenses ...................................................................................................................................
Income from continuing operations before income taxes ................................................

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥ 563,623
3,093
566,716
148,804
3,302
152,106
195,826
236
196,062
51,7693,151
54,92056,371
194
56,565
115,544
9,212
124,756
34,161
1,235
35,396
1,186,521(20,423)¥1,166,098¥ 555,060
3,064
558,124
140,599
3,275
143,874
182,573
206
182,779
58,291
3,084
61,37553,908204
54,112
112,144
9,709
121,853
32,764
1,187
33,951
1,156,068(20,729)¥1,135,339¥ 561,067
3,370
564,437
151,861
4,050
155,911
187,101
220
187,32143,515
3,413
46,92853,535201
53,736
99,833
13,321
113,154
35,7201,363
37,083
1,158,570(25,938)¥1,132,632$4,619,861
25,352
4,645,213
1,219,705
27,066
1,246,771
1,605,131
1,934
1,607,065
424,336
25,828450,164
462,057
1,590
463,647
947,082
75,5081,022,590
280,008
10,123
290,1319,725,581(167,401)$9,558,180

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥113,380
14,516
13,636
8,547
3,874
14,562
6,120
174,635(18,233)¥156,402
9,670(4,383)¥161,689¥101,096
13,091
3,938
9,309
4,443
14,495
6,046
152,418(16,609)¥135,809
12,121(2,845)¥145,085¥106,850
17,817
6,232(4,319)3,030
11,474
6,282
147,366(17,739)¥129,627
9,803(6,474)¥132,956$ 929,344
118,984
111,770
70,05731,754
119,361
50,164
1,431,434(149,452)$1,281,982
79,263(35,927)$1,325,318

In millions of yen

In thousands of
U.S. dollars

Assets:Security services ...............................................................................................................................................................
Fire protection services ...................................................................................................................................................
Medical services ................................................................................................................................................................
Insurance services ............................................................................................................................................................
Geospatial information services ...................................................................................................................................
BPO and ICT services .......................................................................................................................................................
Other services ....................................................................................................................................................................
Total .......................................................................................................................................................................................
Corporate items .................................................................................................................................................................
Investments in affiliated companies ...........................................................................................................................
Total assets ....................................................................................................................................................................

March 31

March 31

2022

2021

2022

¥ 916,912
190,544
203,299
247,258
77,954
241,694
121,195
1,998,856
112,948
71,662¥2,183,466¥ 905,667
180,083
202,191
242,071
72,703
246,586
118,314
1,967,615
103,059
67,132¥2,137,806$ 7,515,672
1,561,836
1,666,385
2,026,705
638,967
1,981,098
993,402
16,384,065
925,803587,396$17,897,264

SECOM REPORT 2022

71

Financial Information and References/Consolidated Financial Statements

Segment Information

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

Depreciation and amortization:
Security services ......................................................................................................................
Fire protection services ..........................................................................................................
Medical services........................................................................................................................
Insurance services ...................................................................................................................
Geospatial information services ..........................................................................................
BPO and ICT services ...............................................................................................................
Other services............................................................................................................................
Total ..............................................................................................................................................
Corporate items.........................................................................................................................
Total depreciation and amortization ..............................................................................

¥51,573
2,836
8,055
2,509
1,751
9,751
1,158
77,633
874¥78,507¥51,645
2,662
8,496
2,556
1,665
9,816
1,008
77,848
868¥78,716¥50,045
2,537
8,321
2,290
1,700
10,822
1,002
76,717857¥77,574$422,729
23,24666,025
20,566
14,352
79,926
9,492
636,336
7,164$643,500

Capital expenditure:
Security services ......................................................................................................................
Fire protection services ..........................................................................................................
Medical services........................................................................................................................
Insurance services ...................................................................................................................
Geospatial information services ..........................................................................................
BPO and ICT services ...............................................................................................................
Other services............................................................................................................................
Total ..............................................................................................................................................
Corporate items.........................................................................................................................
Total capital expenditures .................................................................................................

¥44,059
5,176
4,018
2,770
2,608
7,871
4,182
70,684584¥71,268¥44,276
5,249
4,057
1,936
2,052
6,928
3,677
68,175486¥68,661¥44,672
2,569
8,778
4,440
2,987
13,034
2,239
78,7191,116¥79,835$361,139
42,42632,93422,705
21,37764,51634,279579,376
4,787$584,163

The capital expenditures in the above table represent the additions to property, plant and equipment and intangible assets of each segment.
The Company has no single customer that accounts for more than 10 percent of total revenues.
The following table is a breakdown of security services revenue to external customers by service category. The security services businessis managed as a single operating segment by the Company’s management.

Electronic security services .......................................................................................................
Other security services:
Static guard services ...............................................................................................................
Armored car services ..............................................................................................................
Merchandise and other ................................................................................................................
Total security services ............................................................................................................

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥348,749¥344,882¥344,992$2,858,598

75,45962,46776,948¥563,623

69,37062,841
77,967¥555,060

70,05463,60282,419¥561,067

618,516
512,025
630,722$4,619,861(2) Geographic Segment Information
Net sales and operating revenue attributed to countries based on the geographical location of customers for the years ended March 31,
2022, 2021 and 2020 and long-lived assets as of March 31, 2022 and 2021 were as follows:

Net sales and operating revenue:
Japan ........................................................................................................................
Other .........................................................................................................................
Total .....................................................................................................................

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2022

2021

2020

2022

¥1,117,929
48,169¥1,166,098¥1,091,216
44,123¥1,135,339¥1,083,446
49,186¥1,132,632$9,163,352
394,828$9,558,180

In millions of yen

In thousands of
U.S. dollars

Long-lived assets:
Japan .....................................................................................................................................................
Other ......................................................................................................................................................
Total ..................................................................................................................................................

March 31

March 31

2022

2021

2022

¥755,252
15,125¥770,377¥771,547
13,711¥785,258$6,190,590
123,975$6,314,565

There are no individually material countries other than Japan with respect to net sales and operating revenue and long-lived assets.

72

SECOM REPORT 2022