Hi. I'm a Japanese learning Accounting in English, so I'm sorry if my English sentences sometimes don't make sense to you all.
I 'm trying to calculate 2013 Net Income of this company called "Nikon", using three financial statements provided in the link below. According to my professor, 2013 Net Income = 2013 Retained Earnings - 2012 Retained Earnings + Dividends paid. I tried this formula.
345,692(million Japanese yen) - 319,823 + 15,842=41,711
Based on my calculation, 2013 Net income should be 41,711 million JPY; however, the income statement from the link below says it's 42,459 million JPY.
http://nikon.com/about/ir/finance/financial_statements/index.htm
Anyone who knows Accounting, please help me figure out where I made a mistake?
Thank you very much.
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