Isuzu 2016 Annual Report Download - page 29

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3. Securities
Fair value information of other securities as of March 31, 2016 and 2015 are as follows:
Proceeds from sales of securities classified as other securities amounted to ¥119 million ($1,056 thousands) with an aggregate gain on sales of
¥47 million ($418 thousands) for the year ended March 31, 2016.
Non-marketable securities classified as other securities as of March 31, 2016 amounted to ¥6,077 million ($53,933 thousands).
¥ 35,632
¥ 35,632
¥ 1,113
¥ 1,113
¥ 70,049
¥ 70,049
¥ 1,067
¥ 1,067
¥ 34,416
¥ 34,416
¥ (46)
¥ (46)
4. Long-Term Debt
Long-term debt as of March 31, 2016 and 2015 are as follows:
2016 2015 2016
Loans
Lease obligations
Less: current portion
Total long-term debts
¥ 224,309
10,142
47, 426
¥ 187,025
¥ 189,964
9,834
56,934
¥ 142,864
$ 1,990,679
90,009
420,897
$ 1,659,979
Thousands of
Millions of yen U.S. dollars
The annual maturities of long-term debt as of March 31, 2016 are
summarized as follows:
Planned maturity date
Over 1 year within 2 years
Over 2 years within 3 years
Over 3 years within 4 years
Thereafter
Total
¥ 31,393
44,743
38,734
72,153
¥ 187,025
$ 278,609
397,088
343,757
640,336
$ 1,659,791
Thousands of
Millions of yen U.S. dollars
The assets pledged as collateral for certain loans and other liabilities as
of March 31, 2016 and 2015 are as follows:
Thousands of
Millions of yen U.S. dollars
2016 2015 2016
Building and structures
Machinery and equipment
Land
Others
¥ 8,788
5,547
5,863
35
$ 77,9 91
49,233
52,038
312
¥ 9,655
6,780
5,864
61
5. Retirement Benefit Plans
The Company has defined benefit plans, i.e., corporate pension fund
and lump-sum payment plans. Certain consolidated subsidiaries have
defined benefit plans, i.e., corporate pension fund, welfare pension fund
plans, and lump-sum payment plans and defined contribution pension
¥ 29,131
¥ 29,131
¥ 7,698
¥ 7,698
¥ 47,342
¥ 47,342
¥ 6,399
¥ 6,399
¥ 18,211
¥ 18,211
¥ (1,299)
¥ (1,299)
$ 258,528
$ 258,528
$ 68,321
$ 68,321
$ 420,154
$ 420,154
$ 56,790
$ 56,790
$ 161,625
$ 161,625
$ (11,531)
$ (11,531)
2016
Millions of yen Thousands of U.S. dollars Millions of yen
Acquisition Carrying Unrealized Acquisition Carrying Unrealize 2015 Acquisition Carrying Unrealizedd
costs value gain (loss) costs value gain (loss)
costs value gain (loss)
Unrealized gain:
Stocks:
Total
Unrealized loss:
Stocks:
Total
plans. The Company and its consolidated subsidiaries occasionally make
severance payments in addition to the retirement benefits noted above.
Some of the consolidated subsidiaries are adopting the simplified
method of calculating their retirement benefit obligations. In addition,
the Company and some of its consolidated subsidiaries have joined the
multi-employer welfare pension fund plan. Among the above-mentioned
plans, those, for which it is possible to figure out, in a rational manner, the
amount of the pension assets which corresponds to the amount of the
contributions to be made by the Company, are included in the notes on
the defined benefit plan. Those, for which it is impossible to calculate, in
a rational manner, the amount of the pension assets which corresponds
to the amount of the contributions to be made by the Company are
accounted for in the same way as the defined contribution pension plan.
Changes in benefit obligation:
2016 2015 2016
Projected benefit obligation
at beginning of the year
Cumulative effect of changes
in accounting policies
Restated balance at the
beginning of the current period
Service cost
Interest cost on projected
benefit obligation
Actuarial loss
Benefit paid
Prior service cost
Others
Projected benefit obligation
at the end of the year
[Remarks]
*Benefit obligations in certain subsidiaries calculated by the simplified method are included.
1. Defined benefit plans as of March 31, 2016 and 2015 are follows:
(1) The reconciliation between beginning and ending balance of
projected benefit obligation
Thousands of
Millions of yen U.S. dollars
¥ 159,590
11,216
170,806
6,938
1,987
2,567
(7,593)
(107)
2,268
¥ 176,867
$ 1,569,646
—
1,569,646
69,591
18,530
14,997
(73,329)
—
(1,626)
$ 1,597,810
¥ 176,867
—
176,867
7,8 41
2,087
1,689
(8,262)
—
(183)
¥ 18 0 , 041