Konica Minolta 2014 Annual Report Download - page 68

The scheduled maturities of future lease rental payments on
such lease contracts at March 31, 2014 and 2013 are as follows:
Millions of yen
Thousands of
U.S. dollars
2014 2013 2014
Due within one year ..................... ¥187 ¥166 $1,817
Due over one year ........................ 205 443 1,992
Total .............................................. ¥392 ¥610 $3,809
Lease rental expenses and depreciation equivalents under the
fi nance leases that are accounted for in the same manner as
operating leases for the years ended March 31, 2014 and 2013
are as follows:
Millions of yen
Thousands of
U.S. dollars
2014 2013 2014
Lease rental expenses for
the period .................................... ¥216 ¥238 $2,099
Depreciation equivalents .............. 215 238 2,089
Depreciation equivalents are calculated based on the straight-line
method over the lease terms of the leased assets.
Accumulated loss on impairment of leased assets as of March
31, 2014 and 2013 is as follows:
Millions of yen
Thousands of
U.S. dollars
2014 2013 2014
Reserve for loss ............................ ¥— ¥0 $—
2) Operating Leases
The scheduled maturities of future rental payments of operating
noncancelable leases as of March 31, 2014 and 2013 are as
follows:
Millions of yen
Thousands of
U.S. dollars
2014 2013 2014
Due within one year ..................... ¥ 7,532 ¥ 6,051 $ 73,183
Due over one year ........................ 13,989 15,545 135,921
Total .............................................. ¥21,521 ¥21,597 $209,104
As Lessor
Operating Leases
The scheduled maturities of future rental incomes of operating
noncancelable leases as of March 31, 2014 and 2013 are as
follows:
Millions of yen
Thousands of
U.S. dollars
2014 2013 2014
Due within one year ..................... ¥2,076 ¥2,092 $20,171
Due over one year ........................ 3,010 2,832 29,246
Total .............................................. ¥5,087 ¥4,924 $49,427
23. Retirement Benefi t Plans
Retirement benefi t plans of the Companies for the year ended
March 31, 2014 are as follows:
(1) The Companies have defi ned benefi t retirement plans that
include corporate defi ned benefi t pensions plans, tax-qualifi ed
pension plans and lump-sum payment plans. In addition, the
Companies have defi ned contributory pension plans. Certain
foreign consolidated subsidiaries have defi ned benefi t retire-
ment plans and defi ned contribution retirement plans. The
Companies may pay additional retirement benefi ts to employ-
ees at their discretion.
Additionally, the Company contributes to retirement benefi t
trusts.
(2) Defi ned benefi t retirement plans
(i) Movement in retirement benefi t obligations
Millions of yen
Thousands of
U.S. dollars
2014 2014
Balance at April 1, 2013 ................ ¥168,817 $1,640,274
Service costs ............................. 4,849 47,114
Interest costs ............................ 3,583 34,813
Actuarial differences ................. (1,045) (10,154)
Benefi ts paid ............................. (9,453) (91,848)
Foreign currency translation ...... 4,702 45,686
Other ......................................... 608 5,908
Balance at March 31, 2014 ........... ¥172,061 $1,671,794
Note: Certain subsidiaries use a simplifi ed method for the calculation of benefi t
obligation.
(ii) Movement in plan assets
Millions of yen
Thousands of
U.S. dollars
2014 2014
Balance at April 1, 2013 ................ ¥109,085 $1,059,901
Expected return on plan assets ... 2,565 24,922
Actuarial differences ................. 2,958 28,741
Contributions paid by the
employer ................................. 7,104 69,024
Benefi ts paid ............................. (7,881) (76,574)
Foreign currency translation ...... 3,907 37,962
Other ......................................... 979 9,512
Balance at March 31, 2014 ........... ¥118,718 $1,153,498
Note: Certain subsidiaries use a simplifi ed method for the calculation of plan assets.
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KONICA MINOLTA, INC. Annual Report 2014