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%) |