News and Press Releases

Impairment of Investments in Securities and Investments in Unconsolidated Affiliates

January 13, 2009 - Since the market prices of investments in both securities and unconsolidated affiliates have dropped remarkably from their original cost, we decided to reflect such impairment of their values as follows:

<Consolidated> (Unit: Millions of JPY)
(A) Impairment of investments in securities and investments in unconsolidated affiliates 16,328
(B) Net assets as of Mar 31, 2008 (A/B x 100) 376,277 (4.3%)
(C) Net income before extraordinary items at the end of accounting as of Mar 31, 2008 (A/C x 100) 125,867 (13.0%)
(D) Net income at the end of accounting as of Mar 31, 2008 (A/D x 100) 83,011 (19.7%)
 

 

<Non-Consolidated> (Unit: Millions of JPY)
(A) Impairment of investments in securities and investments in unconsolidated affiliates 16,328
(B) Net assets as of Mar 31, 2008 (A/B x 100) 258,075 (6.3%)
(C) Net income before extraordinary items at the end of accounting as of Mar 31, 2008 (A/C x 100) 88,422 (18.5%)
(D) Net income at the end of accounting as of Mar 31, 2008 (A/D x 100) 58,938 (27.7%)