Honda 2008 Annual Report Download - page 81

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A n n u a l R e p o r t 2 0 0 8 7 9
Maturities of debt securities classified as held-to-maturity at March 31, 2008 were as follows:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
Due within one year ¥ 641 $ 6
Due after one year through five years 18,033 180
Due after five years through ten years 1,998 20
Total ¥20,672 $ 206
Realized gains and losses from available-for-sale securities
included in other expenses (income)—other for each of the
years in the three-year period ended March 31, 2008, were,
¥462 million net losses, ¥10,463 million net gains and ¥232
million ($2 million) net losses, respectively.
Gross unrealized losses on marketable securities and fair value of the related securities, aggregated by length of time that
individual securities have been in a continuous unrealized loss position at March 31, 2008 were as follows:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
Fair value
Unrealized
losses Fair value
Unrealized
losses
Available-for-sale
Less than 12 months ¥12,242 ¥(4,910) $ 122 $(49)
12 months or longer 215 (193) 2 (2)
¥12,457 ¥(5,103) $ 124 $(51)
Held-to-maturity
Less than 12 months ¥ — ¥ — $ — $ —
12 months or longer — — — —
¥ — ¥ — $ — $ —
Honda judged this decline in fair value of investment securities to be temporary, with considering such factors as financial and
operating conditions of the issuer, the industry in which the issuer operates, degree and period of the decline in fair value and
other relevant factors.
8. Property on Operating Leases
Future minimum lease rentals expected to be received from property on operating leases at March 31, 2008 are as follows:
Years ending March 31:
Yen
(millions)
2009 ¥177,679
2010 164,938
2011 73,503
2012 10,095
2013 412
Total future minimum lease rentals ¥426,627
Future minimum rentals as shown above should not necessarily be considered indicative of future cash collections.