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41Annual Report 2011Nikon CorporationFinancial Section
Millions of Yen
Cost
Unrealized
Gains
Unrealized
Losses Fair Value
March 31, 2011
Securities classified as:
Available-for-sale:
Equity securities ¥39,521 ¥9,616 ¥3,458 ¥45,679
Total ¥39,521 ¥9,616 ¥3,458 ¥45,679
Thousands of U.S. Dollars
Cost
Unrealized
Gains
Unrealized
Losses Fair Value
March 31, 2011
Securities classified as:
Available-for-sale:
Equity securities $475,298 $115,648 $41,596 $549,350
Total $475,298 $115,648 $41,596 $549,350
Carrying amounts of available-for-sale securities whose fair value is not readily determinable as of March 31, 2010 and 2011 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2010 2011 2011
Available-for-sale:
Equity securities ¥224 ¥224 $ 2,693
Investment in a limited liability investment partnership 926 876 10,537
Total ¥1,150 ¥1,100 $13,230
Proceeds from sales of available-for-sale securities was ¥771 million for the fiscal year ended March 31, 2010. Gross realized
gains and losses on these sales computed on the moving-average cost basis , were ¥98 million and ¥13 million, respectively for
the fiscal year ended March 31, 2010. Proceeds from sales of available-for-sale securities was ¥686 million ($8,245 thousand) for
the fiscal year ended March 31, 2011. Gross realized gains and losses on these sales computed on the moving-average cost basis,
were ¥30 million ($364 thousand) and ¥82 million ($991 thousand), respectively for the fiscal year ended March 31 , 2011.
4. Inventories
Inventories at March 31, 2010 and 2011 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2010 2011 2011
Finished and semi-finished products ¥102,912 ¥103,758 $1,247,838
Work in process 78,654 106,536 1,281,250
Raw materials and supplies 25,430 26,113 314,055
Total ¥206,996 ¥236,407 $2,843,143
5. Long-lived Assets
The Group reviewed its long-lived assets for impairment as of March 31, 2010 and recognized an impairment loss of ¥115 million
as other expense for machinery, equipment, furniture and fixtures in Japan and Asia. This is because these assets were unutilized
assets and the recoverable amounts were lower than the carrying amounts. The Group reviewed its long-lived assets for impair-
ment as of March 31, 2011 and recognized an impairment loss of ¥398 million ($4,783 thousand) as other expense for machinery,
equipment, buildings and structures in Japan, Asia and Europe. This is because these assets were unutilized assets and the
recoverable amounts were lower than the carrying amounts.