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40 Annual Report 2011
2012
2013 and thereafter
Total
Millions of yen
Thousands of
U.S. dollars
¥ 640
487
¥ 1,128
$ 7,710
5,867
$ 13,590
Year ending March 31,
Depreciation is computed by applying the straight-line method over the estimated useful lives of the related assets assuming that the
Company guarantees a nil residual value at the end of the term of each lease.
The following is a schedule of future minimum lease payments under finance leases accounted for as operating leases:
Minimum rental payments subsequent to March 31, 2011 required under operating leases with noncancelable lease terms in excess of
one year are summarized as follows:
2012
2013 and thereafter
Total
Millions of yen
Thousands of
U.S. dollars
¥ 2,211
9,033
¥ 11,245
$ 26,638
108,831
$ 135,481
Year ending March 31,
24. CONTINGENT LIABILITIES
At March 31, 2011 is as follows:
As guarantors of employees’ housing loans, other
Millions of yen
Thousands of
U.S. dollars
¥ 820 $ 9,879
25. AMOUNTS PER SHARE
In accordance with the accounting standard for earnings per share, basic net income (loss) per share is computed based on the net income
(loss) attributable to shareholders of common stock and the weighted-average number of shares of common stock outstanding during each
year. Diluted net income per share is computed based on the net income available for distribution to the shareholders and the weighted-aver-
age numbers of shares of common stock outstanding during each year assuming full conversion of the convertible bonds and full exercise of
the subscription rights to shares. Diluted net income per share has not been presented for the years ended March 31, 2011 and 2009 because
a net loss was recorded. Diluted net income per share has not been presented for the year ended March 31, 2010, since the Company had no
dilutive potential shares. Net assets per share are based on the number of shares of common stock outstanding at the year end.
Net income (loss) :
Basic
Diluted
2010 2009 2011
¥5.30
—
2011
¥ (37.35)
—
¥ (65.90)
—
$ (0.45)
—
Yen U.S. dollars
Net assets
2010 20112011
¥ 40.15 ¥ 84.61 $0.48
Yen U.S. dollars
23. LEASES
Lease payments relating to finance leases started before March 31, 2008, accounted for as operating leases in the accompanying consoli-
dated financial statements amounted to ¥1,146 million ($13,807 thousand), ¥1,515 million and ¥4,019 million for the years ended March
31, 2011, 2010 and 2009, respectively.
The leases which were started on or before March 31, 2008 are principally accounted for as operating leases.
Leased assets held under finance leases accounted for as operating leases at March 31, 2011 and 2010 were as follows:
Machinery and equipment
Other
Less: Accumulated depreciation
Total
2011 2010 2011
¥ 3,908
905
3,774
¥ 1,038
¥ 4,990
1,217
4,115
¥ 2,092
$ 47,084
10,903
45,469
$ 12,506
Millions of yen
Thousands of
U.S. dollars