Consolidated Financial Statements
Consolidated Balance Sheets
SECOM CO., LTD. and Subsidiaries
March 31, 2020 and 2019ASSETS
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 receivables ...........................................................................................
Allowance for doubtful accounts ...........................................................................
Deferred insurance acquisition costs ......................................................................
Other current assets ..............................................................................................

Translation into thousandsof U.S. dollars

March 31

March 31

2019

2020

¥ 414,668 ¥ 349,730
9,097
10,619140,906
142,336
31,08425,294
166,612
156,869
63,11263,01256,29765,94525,67927,111(1,641)(1,738)4,301
6,809
25,74924,301$ 3,804,294
83,4591,292,716
285,174
1,528,550
579,009516,486
235,587(15,055)
39,459236,2292020

Total current assets ........................................................................................

935,864

870,2888,585,908

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

194,82264,49941,566
17,725
10,947(4,237)

212,641
63,69740,095
17,245
11,952(4,218)

1,787,358
591,734
381,339
162,615
100,431(38,872)

325,322

341,4122,984,605

Property, plant and equipment:
Land......................................................................................................................
Buildings and improvements..................................................................................
Security equipment and control stations ................................................................
Machinery, equipment and automobiles ................................................................
Construction in progress .......................................................................................

117,457
365,362
346,168
156,830
7,026

116,540
351,947
337,756
155,944
6,759

1,077,587
3,351,945
3,175,853
1,438,807
64,459

Accumulated depreciation .....................................................................................

992,843(567,339)

968,946(552,719)

9,108,651(5,204,945)

425,504

416,227

3,903,706

143,468
25,664
108,925
58,814
31,79025,769—25,220108,12257,89238,48922,0601,316,220
235,450
999,312539,578
291,651
236,413394,430

251,783

3,618,624¥2,081,120 ¥1,879,710$19,092,843

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

62

In millions of yen

SECOM REPORT 2020

Financial Information and References

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 ..........................................................................................

In millions of yen

Translation into thousandsof U.S. dollars

March 31

March 31

2019

2020

2020

¥

39,002 ¥ 38,658
17,98318,44748,466
46,60644,331
44,208
122,796
127,61937,04835,947
24,811
22,90439,65037,987
19,171—37,90632,992$357,817
164,982444,642406,706
1,126,569
339,890
227,624
363,761
175,881
347,761

Total current liabilities ....................................................................................

431,164

405,368

3,955,633

Long-term liabilities:
Long-term debt .....................................................................................................
Guarantee deposits received..................................................................................
Accrued pension and severance costs ....................................................................
Long-term deferred revenue ..................................................................................
Unearned premiums and other insurance liabilities ................................................
Investment deposits by policyholders .....................................................................
Deferred income taxes...........................................................................................
Long-term operating lease liabilities.......................................................................
Other long-term liabilities ......................................................................................

44,25531,546
31,393
12,511
128,908
21,51613,132
124,297
14,99145,342
31,88730,913
11,623
124,30923,615
16,041—
14,710406,009289,413
288,009
114,779
1,182,642
197,394
120,477
1,140,339
137,532

Total long-term liabilities ................................................................................

422,549

298,440

3,876,594

Total liabilities ................................................................................................

853,713703,808

7,832,227

66,401
74,68010,833
1,017,661

66,39373,166
10,783
967,679

609,183
685,138
99,3859,336,339

2,046(4,601)(4,506)

2,309
(742)
(1,645)

18,771(42,211)(41,338)(7,061)(78)(64,778)

Commitments and contingent liabilities
Equity:SECOM CO., LTD. shareholders’ equity:
Common stock
Authorized—900,000,000 shares, issued 233,293,998 shares in 2020
Authorized—900,000,000 shares, issued 233,292,219 shares in 2019...............
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:
15,033,588 shares in 2020 and 15,031,867 shares in 2019.................................

(73,776)(73,759)(676,844)

Total SECOM CO., LTD. shareholders’ equity ..................................................

1,088,738

1,044,184

9,988,423

Noncontrolling interests ............................................................................................

138,669

131,718

1,272,193

Total equity ....................................................................................................

1,227,407

1,175,902

11,260,616

Total liabilities and equity ...............................................................................

¥2,081,120 ¥1,879,710$19,092,843

SECOM REPORT 202063

Consolidated Financial Statements
Consolidated Statements of Income
SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2020

2020

In millions of yen

Translation into thousandsof U.S. dollars

Years ended March 31

Year ended March 31

2018

2020

Net sales and operating revenue.................................................................................. ¥1,160,707 ¥1,111,600 ¥1,082,792
Costs and expenses:
Cost of sales .................................................................................................................
819,867
784,918
751,944
Selling, general and administrative expenses .................................................................
205,796
200,932
191,389
Impairment loss on long-lived assets .............................................................................
952
595
841
Impairment loss on goodwill .........................................................................................
758—
11
Gain and loss on sales and disposal of fixed assets, net .................................................
2,770
1,444
(1,504)
1,030,143
987,889
942,681
Operating income.............................................................................................
130,564
123,711140,111
Other income:Interest and dividends ...................................................................................................
2,127
1,807
1,637
Gain and loss on sales of securities, net.........................................................................
2,297
—
237
Gain on private equity investments ...............................................................................
—
4,673
5,884
Other ............................................................................................................................
5,557
4,766
5,696
9,981
11,246
13,454
Other expenses:
Interest .........................................................................................................................
1,151
1,184
1,236
Gain and loss on sales of securities, net.........................................................................
—
115—
Loss on other-than-temporary impairment of investment securities ...............................
3,738
3,959
57
Loss on private equity investments ................................................................................
139——
Other ............................................................................................................................
1,482
1,136
1,482
6,510
6,394
2,775
Income from continuing operations before income taxes and equity
in net income of affiliated companies .............................................................
134,035
128,563
150,790
Income taxes:
Current .........................................................................................................................
45,65447,21054,225
Deferred .......................................................................................................................
(4,715)(12,086)(6,118)40,93935,124
48,107
Income from continuing operations before equity in net income ofaffiliated companies........................................................................................
93,09693,439102,683
6,654
7,002
7,179
Equity in net income of affiliated companies ..............................................................
Net income.......................................................................................................
99,750100,441
109,862
Less: Net income attributable to noncontrolling interests .........................................
(12,614)(10,755)(13,239)
Net income attributable to SECOM CO., LTD. ................................................... ¥ 87,136 ¥ 89,686 ¥ 96,623$10,648,688

Per share data:
Net income attributable to SECOM CO., LTD. ...............................................................
Cash dividends per share ..............................................................................................

2019

SECOM REPORT 2020

10,560—34,294
1,275
13,59559,724
1,229,680
418,844(43,256)
375,588$854,092
61,046915,138(115,725)
799,413

In yenTranslation into
U.S. dollars

Years ended March 31

Year ended March 31

2019

2018

2020

¥399.23¥170.00¥410.91¥160.00¥442.70¥150.00

$3.66
$1.56

In millions of yen

Translation into thousandsof U.S. dollars

Years ended March 31

Year ended March 31

Consolidated Statements of Comprehensive Income

64

19,514
21,073—50,982
91,5692020

SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2020

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. .................................................

7,521,715
1,888,037
8,734
6,954
25,4139,450,853
1,197,835

2020

2019

2018

2020

¥99,750¥100,441¥109,862$915,138(263)(4,037)(2,934)92,516(12,364)¥80,152274(2,566)(4,908)93,241(10,060)¥ 83,181

256
5,376
1,952
117,446(13,710)¥103,736(2,413)(37,037)(26,917)
848,771(113,431)$735,340

Financial Information and References

Consolidated Statements of Changes in Equity
SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2020

In millions of yen
Number ofsharesissuedAccumulated
other comRetained
prehensive
earnings income (loss)

Commonstock

Additional
paid-in
capitalBalance, March 31, 2017 ................................................... 233,288,717
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.........................................................
1,724
Cash dividends paid to SECOM CO., LTD. shareholders ........
—Cash dividends paid to noncontrolling interests ....................
—
Transfer to legal reserve .......................................................
—
Equity transactions with noncontrolling interestsand other...........................................................................
—
Changes in the scope of application of the equity method ...
—Gains on disposal of treasury stock ......................................
—Net changes in treasury stock...............................................
—¥66,378¥73,102 ¥10,632 ¥ 832,785

Legalreserve

CommonTotal
stock in SECOM CO., LTD.
treasury,shareholders’ Noncontrollingat costequityinterests

Total¥20,076(¥73,731)¥ 929,242¥122,226¥1,051,468

—

—

—

96,623——96,623

13,239109,862

—
—
—

—
—
—

—
—
—

—
—
—

268
5,070
1,775

—
—
—

7
—
—
—

7
—
—
—

—
—
—
101

—
(32,738)
—
(101)

—
—
—
—

—
—
—
—

268
5,070
1,775
103,736
14(32,738)
—
—

(12)
306
177
13,710——(5,381)
—

256
5,376
1,952
117,446
14(32,738)(5,381)
—

—
—
—
—

24
—
0
—

—
—
—
—

—
17
—
—

—
—
—
—

—
—
—
(18)

24
17
0
(18)

473
—
—
—

497
17
0
(18)

Balance, March 31, 2018 ................................................... 233,290,441
Cumulative effect adjustments resulting from adoption of
new accounting standards, net of tax ................................
—
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.........................................................
1,778
Cash dividends paid to SECOM CO., LTD. shareholders ........
—Cash dividends paid to noncontrolling interests ....................
—
Transfer to legal reserve .......................................................
—
Equity transactions with noncontrolling interestsand other...........................................................................
—
Changes in the scope of application of the equity method ...
—Gains on disposal of treasury stock ......................................
—Net changes in treasury stock...............................................
—

66,385

73,133

10,733

896,586

27,189(73,749)

1,000,277

131,028

1,131,305———

16,379(20,762)—(4,383)(421)(4,804)———

89,686——

89,686

10,755

100,441

—
—
—

—
—
—

—
—
—

—
—
—

274
(2,320)(4,459)

—
—
—

8
—
—
—

7
—
—
—

—
—
—
50

—
(34,922)
—
(50)

—
—
—
—

—
—
—
—

274
(2,320)(4,459)83,181
15(34,922)
—
—

—
(246)
(449)
10,060——(6,252)—274(2,566)(4,908)93,241
15(34,922)(6,252)
—

—
—
—
—

26
—
—
—

—
—
—
—

—
—
—
—

—
—
—
—

—
—
—
(10)

26
—
—
(10)

(2,697)———(2,671)——(10)

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 interestsand other...........................................................................
—
Changes in the scope of application of the equity method ...
—Gains on disposal of treasury stock ......................................
—Net changes in treasury stock...............................................
—

66,39373,166

10,783

967,679(78)(73,759)

1,044,184

131,718

1,175,902———

87,136——

87,136

12,61499,750

—
—
—

—
—
—

—
—
—

—
—
—

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

—
—
—

8
—
—
—

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)
—

—
—
—
—

1,506
—
0
—

—
—
—
—

—
—
—
—

—
—
—
—

—
—
0
(17)

1,506
—
0
(17)

(1,975)
—
—
—

(469)
—
0
(17)

Balance, March 31, 2020 ................................................... 233,293,998¥66,401¥74,680 ¥10,833 ¥1,017,661(¥ 7,061)(¥73,776)¥1,088,738¥138,669¥1,227,407

Translation into thousands of U.S. dollars

Commonstock

Additional
paid-in
capitalLegalreserve

Accumulated
other comRetained
prehensive
earnings income (loss)

Balance, March 31, 2019 ...................................................
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.........................................................
Cash dividends paid to SECOM CO., LTD. shareholders ........
Cash dividends paid to noncontrolling interests ....................
Transfer to legal reserve .......................................................
Equity transactions with noncontrolling interestsand other...........................................................................
Changes in the scope of application of the equity method ...
Gains on disposal of treasury stock ......................................
Net changes in treasury stock...............................................

$609,110 $671,248 $98,926 $8,877,789

Balance, March 31, 2020 ...................................................

$609,183 $685,138 $99,385 $9,336,339($

CommonTotal
stock in SECOM CO., LTD.
treasury,shareholders’ Noncontrollingat costequityinterests

716) ($676,688)$9,579,669

Total$1,208,422 $10,788,091

—

—

—

799,413——

799,413

115,725

915,138

—
—
—

—
—
—

—
—
—

—
—
—

(2,413)(35,393)(26,256)

—
—
—

73
—
—
—

73
—
—
—

—
—
—
459

—
(340,404)
—
(459)

—
—
—
—

—
—
—
—

(2,413)(35,393)(26,256)
735,351
146(340,404)———(1,633)(661)
113,431——(31,541)—(2,413)(37,026)(26,917)
848,782
146(340,404)(31,541)
—

—
—
—
—

13,817
—
0
—

—
—
—
—

—
—
—
—

—
—
—
—

—
—
0
(156)

13,817—0(156)(18,119)———(4,302)—0(156)($64,778) ($676,844)$9,988,423$1,272,193 $11,260,616

SECOM REPORT 202065

Consolidated Financial Statements
Consolidated Statements of Cash Flows
SECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2020

2020

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 ...................................................................................................
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 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 .....................................................................
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 from noncontrollinginterest holders ................................................................................................................
Proceeds from sales of shares of consolidated subsidiaries to noncontrollinginterest 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 ........................................................................

66

SECOM REPORT 2020

In millions of yen

Translation into thousandsof U.S. dollars

Years ended March 31

Year ended March 31

2018

2020

¥ 99,750 ¥100,441 ¥109,862$ 915,138

77,574
1,193(4,715)
2,770
952
66
139
758
(2,962)
8,540(6,654)201975,300614(12,086)
1,444
595
580
(4,673)
—
(901)
8,991
(7,002)

78,955977(6,118)(1,541)841
865(5,884)11(1,073)
199(7,179)711,688
10,945(43,257)
25,413
8,734
606
1,275
6,954
(27,174)
78,349(61,046)

1,430(6,527)(10,576) (17,404)
9,256
4,285
(11,754) (10,716)
2,361
3,388
(4,822)
8,690
1,874
938
5,146
(4,914)
(352)
(164)
4,600
9,495
4,529
(831)
5,295
8,784
184,398 158,327(5,189)(8,292)(18,639)(15,902)
(378)
5,962
(779)
(2,441)
(474)
4,796
1,924
2,754
133,257

13,119(97,028)
84,917(107,835)
21,661(44,239)
17,19347,211(3,229)42,202
41,55048,577
1,691,724

1,564
1,178
(63,126)(11,722)
50,259(45,325)(1,357)(725)(147)(1,416)
1,578
2,628(66,611)(1,251)
3,379(56,401)(11,454)
43,597(36,686)(4,256)(3,133)62(1,024)
1,685
1,052(64,430)

172
6,166(53,751)(7,859)69,365(51,098)(1,150)(23,283)
(457)
(840)
1,224
50
(61,461)

14,34910,807(579,138)(107,541)
461,092(415,826)(12,450)(6,651)(1,349)(12,991)
14,477
24,114(611,107)

8,802(18,793)162(2,099)(37,104)(3,425)

7,161(20,184)(1,789)(1,592)(34,922)(6,263)

9,613(20,582)(3,378)(2,483)(32,738)(5,426)80,752(172,413)
1,486(19,257)(340,404)(31,422)(659)(3,033)(120)(6,046)

—
—
—
(16)
(10)
(17)
190
331
94
(52,942) (60,301) (55,037)
93
(595)
370
64,93833,001
17,129349,730 316,729 299,600¥414,668 ¥349,730 ¥316,729

—
(147)
1,743
(485,708)
853
595,762
3,208,532$3,804,294

Financial Information and References

Segment Information

Information by business and geographic segments for the years
ended and as of March 31, 2020, 2019 and 2018 is as follows:

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2018

2020

(1) Business Segment Information

2020

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2018

2020

2019

Net sales andoperating revenue:
Security services—
Customers ................ ¥ 577,252 ¥ 563,739 ¥ 562,272 $ 5,295,890
Intersegment .............
3,207
3,428
3,144
29,422..............................
580,459
567,167
565,416
5,325,312
Fire protection
services—
Customers ................
151,861
140,139
136,559
1,393,220
Intersegment .............
4,050
3,942
4,170
37,156..............................
155,911
144,081
140,729
1,430,376
Medical services—
Customers ................
187,101
181,705
175,318
1,716,523
Intersegment .............
220
168
185
2,018
..............................
187,321
181,873
175,503
1,718,541
Insurance services—
43,515
41,63744,683399,220
Customers ................
Intersegment .............
3,413
3,120
3,034
31,312..............................
46,92844,75747,717
430,532
Geospatial information
services—
Customers ................
53,53551,51050,906491,147
Intersegment .............
201
386
176
1,844
..............................
53,73651,89651,082492,991
BPO and ICT services—
Customers ................
97,51588,06569,569894,633
Intersegment .............
13,422
13,2097,275
123,138..............................
110,937
101,274
76,844
1,017,771
Real estate andother services—
Customers ................
49,92844,80543,485458,055
Intersegment .............
1,271
1,787
2,004
11,661..............................
51,19946,59245,489469,716
Total............................. 1,186,491 1,137,640 1,102,780 10,885,239
Eliminations .................
(25,784)(26,040)(19,988)(236,551)
Total net sales andoperating revenue ... ¥1,160,707 ¥1,111,600 ¥1,082,792 $10,648,688

2020

2019

Operating income (loss):
Security services .............. ¥108,923 ¥110,146 ¥114,469
Fire protection
services .........................
17,817
14,188 15,730
Medical services ..............
6,232
5,782
4,034
Insurance services............
(4,319)(4,856)
6,221
Geospatial information
services .........................
3,030
1,878
1,676
BPO and ICT services .......
10,6249,390
8,133
Real estate andother services ................
5,996
5,084
6,910
Total................................ 148,303 141,612 157,173
Corporate expenses
and eliminations............
(17,739) (17,901) (17,062)
Operating income ........... ¥130,564 ¥123,711 ¥140,111
Other income ..................
9,981
11,246 13,454
Other expenses ...............
(6,510)(6,394) (2,775)
Income fromcontinuing operations
before income taxes ... ¥134,035 ¥128,563 ¥150,790

163,459
57,174(39,624)
27,79897,46855,0091,360,578(162,743)$1,197,835
91,569(59,724)$1,229,680

In millions of yen

In thousands of
U.S. dollars

March 31

March 31

2019

2020

¥ 853,101 ¥ 768,128$ 7,826,615

2020

Assets:Security services ..............
Fire protection
services .........................
Medical services ..............
Insurance services............
Geospatial information
services .........................
BPO and ICT services .......
Real estate andother services ................
Total................................
Corporate items ..............
Investments inaffiliated companies ......
Total assets......................

$ 999,294

175,854
201,449
231,650

162,549
178,755
235,773

1,613,339
1,848,156
2,125,229

68,516
243,152

67,768
152,777

628,5872,230,752

137,425
1,911,147
105,473

142,750
1,708,500
107,5131,260,780
17,533,458
967,642

64,50063,697¥2,081,120 ¥1,879,710

591,743$19,092,843

SECOM REPORT 202067

Consolidated Financial Statements
Segment Information

2020

Depreciation andamortization:
Security services ..........
Fire protection
services .....................
Medical services ..........
Insurance services........
Geospatial information
services .....................
BPO and ICT services ...
Real estate andother services ............
Total............................
Corporate items ..........
Total depreciation
and amortization ....
Capital expenditure:
Security services ..........
Fire protection
services .....................
Medical services ..........
Insurance services........
Geospatial information
services .....................
BPO and ICT services ...
Real estate andother services ............
Total............................
Corporate items ..........
Total capital
expenditures ..........

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2018

2020

2019

¥50,383¥49,409¥54,091$462,231

2,537
8,321
2,290

2,375
8,684
1,792

2,128
8,675
1,808

23,27576,33921,0091,700
10,644

2,249
9,075

2,540
7,813

15,59697,651

842
76,717857

953
74,537763

1,066
78,121
834

7,725
703,826
7,862¥77,574¥75,300¥78,955$711,688¥44,930¥48,451¥44,404$412,202

2,569
8,778
4,440

2,269
4,750
2,972

3,910
5,276
1,900

23,56980,532
40,734

2,987
12,894

2,420
9,085

1,701
31,987

27,404
118,294

2,121
78,7191,116

4,550
74,4971,291

1,690
90,868349

19,459722,194
10,239¥79,835¥75,788¥91,217$732,433

The capital expenditures in the above table represent the additions
to property, plant and equipment and intangible assets of eachsegment.
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 toexternal customers by service category. The security services businessis managed as a single operating segment by the Company’s
management.

2020

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

68

SECOM REPORT 2020

¥347,156

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2018

2020

¥344,297 ¥341,157$3,184,917

2019

70,02966,26559,030642,468

63,60262,41761,089583,505

96,46590,760100,996

885,000¥563,739 ¥562,272$5,295,890¥577,252(2) Geographic Segment Information
Net sales and operating revenue attributed to countries based on
the geographical location of customers for the years ended 2020,2019 and 2018 and long-lived assets as of March 31, 2020 and 2019were as follows:2020

In millions of yen

In thousands of
U.S. dollars

Years ended
March 31

Year ended
March 31

2018

2020

Net sales andoperating revenue:
Japan................... ¥1,111,521 ¥1,063,223 ¥1,034,228
Other...................
49,186
48,37748,564
Total ................ ¥1,160,707 ¥1,111,600 ¥1,082,792$10,197,440
451,248$10,648,688

In millions of yen

In thousands of
U.S. dollars

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

2019

March 31

March 31

2020

2019

2020

¥772,155
13,122¥785,277¥618,061
11,699¥629,760$7,083,991
120,385$7,204,376

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