Nikon 2005 Annual Report Download - page 34

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32
The carrying amounts and aggregate fair values of investment securities at March 31, 2005 and 2004 were as follows:
March 31, 2005
Securities classified as:
Available-for-sale:
Equity securities
Debt securities
Total
Fair Value
¥ 52,376
1
¥ 52,377
Unrealized
Losses
¥ 232
0
¥ 232
Unrealized
Gains
¥ 12,477
¥ 12,477
Cost
¥ 40,131
1
¥ 40,132
Millions of Yen
March 31, 2004
Securities classified as:
Available-for-sale:
Equity securities
Debt securities
Total
Fair Value
¥ 49,818
1
¥ 49,819
Unrealized
Losses
¥ 332
¥ 332
Unrealized
Gains
¥ 10,603
¥ 10,603
Cost
¥ 39,547
1
¥ 39,548
Millions of Yen
March 31, 2005
Securities classified as:
Available-for-sale:
Equity securities
Debt securities
Total
Fair Value
$ 487,722
5
$ 487,727
Unrealized
Losses
$ 2,159
0
$ 2,159
Unrealized
Gains
$ 116,187
$ 116,187
Cost
$ 373,694
5
$ 373,699
Thousands of U.S. Dollars
Carrying amounts of available-for-sale securities whose fair value is not readily determinable as of March 31, 2005 and 2004 were as follows:
Available-for-sale:
Equity securities
Other securities
Total
Thousands of
U.S. Dollars
2005
$ 22,293
15
$ 22,308
2004
¥ 4,773
¥ 4,773
2005
¥ 2,394
2
¥ 2,396
Millions of Yen
4. INVESTMENT SECURITIES
Investment securities at March 31, 2005 and 2004 consisted of the following:
Non-Current :
Equity securities
Trust bonds, debentures and other
Total
Thousands of
U.S. Dollars
2005
$ 510,015
20
$ 510,035
2004
¥ 54,591
1
¥ 54,592
2005
¥ 54,771
2
¥ 54,773
Millions of Yen
The change was made to achieve a more accurate allocation of cost and fiscal health.
The effect of this change was to decrease operating income by ¥177 million ($1,648 thousand) and income before income taxes and
minority interests by ¥1,159 million ($10,798 thousand), respectively which included a cumulative effect of ¥983 million ($9,150 thousand) of
retroactive year. This cumulative effect was included in other expenses in the 2005 statement of income.
This change was made during the second half period due to the completion of revision of Company’s rules for retirement benefits during
the second half period.
Effect of this change to segment information is mentioned in the applicable note.