20. SEGMENT INFORMATION

The Company engages in various fields of business and industries by providing products and services which are categorized into the following segments: Farm & Industrial Machinery; Water & Environment Systems; Social Infrastructure; and Other. The Farm & Industrial Machinery segment manufactures and distributes farm equipment, engines, and construction machinery. The Water & Environment Systems segment manufactures and distributes pipe-related products and environment-related products. The Social Infrastructure segment manufactures and distributes industrial castings, spiral welded steel pipes, vending machines, electronic equipped machinery, and air-conditioning equipment. The Other segment includes construction, services and other businesses.

The segments represent the components of the Company for which separate financial information is available that is utilized on a regular basis by the chief executive officer in determining how to allocate the Company's resources and evaluate performance. The segments also represent the Company's organizational structure principally based on the nature of products and services.

The accounting policies for the reporting segments are consistent with the accounting policies used in the Company's consolidated financial statements.

Reporting Segments

Information by reporting segment is summarized as follows:


(¥ in millions)
For the years ended March 31:	Farm & Industrial Machinery		Water & Environment Systems		Social Infrastructure		Other		Adjustments			Consolidated
2011:
Revenues:
External customers	¥	651,518	¥	192,768	¥	60,439	¥	28,960	¥	—		¥	933,685
Intersegment		64		1,594		2,657		15,837		(20,152	)		—

Total		651,582		194,362		63,096		44,797		(20,152	)		933,685

Operating income	¥	86,487	¥	13,121	¥	2,463	¥	2,096	¥	(18,056	)	¥	86,111

Identifiable assets at March 31, 2011	¥	918,656	¥	170,691	¥	62,092	¥	39,386	¥	166,027		¥	1,356,852
Depreciation		15,870		6,010		1,931		697		2,009			26,517
Capital expenditures		13,871		4,861		3,764		691		764			23,951


2010:
Revenues:
External customers	¥	616,726	¥	222,949	¥	63,293	¥	27,676	¥	—		¥	930,644
Intersegment		77		611		2,710		14,091		(17,489	)		—

Total		616,803		223,560		66,003		41,767		(17,489	)		930,644

Operating income	¥	60,485	¥	19,723	¥	2,699	¥	2,629	¥	(15,834	)	¥	69,702

Identifiable assets at March 31, 2010	¥	930,480	¥	186,768	¥	65,519	¥	42,246	¥	184,020		¥	1,409,033
Depreciation		18,489		6,033		1,933		552		1,896			28,903
Capital expenditures		14,820		5,969		1,992		741		2,516			26,038


2009:
Revenues:
External customers	¥	754,416	¥	234,275	¥	86,480	¥	32,311	¥	—		¥	1,107,482
Intersegment		52		1,748		2,872		14,085		(18,757	)		—

Total		754,468		236,023		89,352		46,396		(18,757	)		1,107,482

Operating income	¥	103,831	¥	3,121	¥	8,004	¥	1,812	¥	(13,953	)	¥	102,815

Identifiable assets at March 31, 2009	¥	899,104	¥	206,793	¥	73,947	¥	45,225	¥	160,755		¥	1,385,824
Depreciation		20,040		6,062		1,953		485		1,927			30,467
Capital expenditures		24,072		5,285		1,988		618		1,374			33,337

(Notes)

The unallocated corporate expenses included in "Adjustments" amounted to ¥18,066 million, ¥15,834 million, and ¥13,953 million for the years ended March 31, 2011, 2010, and 2009, respectively. The unallocated corporate assets included in "Adjustments" amounted to ¥182,602 million, ¥190,282 million, and ¥167,079 million at March 31, 2011, 2010, and 2009, respectively, which consisted mainly of cash and cash equivalents, investment securities, and corporate properties held or used by the administration departments of the parent company. "Adjustments" also included the elimination of intersegment transactions.

2.	The aggregated amounts of operating income equal to those in the consolidated statements of income, and refer to the consolidated statements of income for the reconciliation of operating income to income before income taxes and equity in net income of affiliated companies.

3.	Intersegment revenues are recorded at values that approximate market prices.

Revenues from External Customers by Product Groups

Information for revenues from external customers by product groups is summarized as follows:


(¥ in millions)
For the years ended March 31:	2011		2010		2009
Farm & Industrial Machinery:
Farm Equipment and Engines	¥	580,671	¥	561,165	¥	671,292
Construction Machinery		70,847		55,561		83,124

		651,518		616,726		754,416

Water & Environment Systems:
Pipe-related Products		121,836		144,465		153,514
Environment-related Products		70,932		78,484		80,761

		192,768		222,949		234,275

Social Infrastructure		60,439		63,293		86,480
Other		28,960		27,676		32,311

Total	¥	933,685	¥	930,644	¥	1,107,482

Geographic Segments

Information for revenues from external customers by destination and long-lived assets based on physical location are summarized as follows:


(¥ in millions)
	2011		2010		2009
Revenues from external customers by destination for the years ended March 31:
Japan	¥	477,913	¥	501,663	¥	549,189
North America		189,330		174,371		274,151
Europe		75,762		67,791		108,742
Asia Outside Japan		160,533		148,589		139,069
Other Areas		30,147		38,230		36,331

Total	¥	933,685	¥	930,644	¥	1,107,482

Long-lived assets based on physical location at March 31:
Japan	¥	177,460	¥	183,042	¥	190,662
North America		16,146		20,210		21,442
Asia Outside Japan		18,794		13,983		10,002
Other Areas		4,958		3,658		3,515

Total	¥	217,358	¥	220,893	¥	225,621

(Notes)

1.	Revenues from North America include those from the United States of ¥167,553 million, ¥146,319 million, and ¥236,473 million for the years ended March 31, 2011, 2010, and 2009, respectively.

2.	There is no single customer, revenues from whom exceed 10% of total consolidated revenues of the Company.