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 OLYMPUS 2003
Securities with book value (fair value) under acquisition cost.
M I L L I O N S O F YE N T H O U S A N D S O F U S D O L L A R S
2003 2002 2003
A C Q U I S I T I O N B O O K A C Q U I S I T I O N B O O K A C Q U I S I T I O N B O O K
C O ST VA L U E D I F F E R E N C E C O S T VA L U E D I F F E R E N C E CO ST VA L U E D I F F E R E N C E
Equity securities............... ¥ 7,438 ¥ 6,182 ¥(1,256) ¥13,529 ¥10,770 ¥(2,759) $ 61,983 $ 51,517 $(10,466)
Bonds............................... 35,000 34,997 (3) 35,000 34,997 (3) 291,667 291,642 (25)
Total ............................... ¥42,438 ¥41,179 ¥(1,259) ¥48,529 ¥45,767 ¥(2,762) $353,650 $343,159 $(10,491)
Note: T he Company recognizes impairment loss when the fair market value of marketable and investment securities becomes less than % of the acquisition cost at the
end of the period. In addition, the loss is also recognized when the fair market value declines more than % but less than %, except when it is anticipated that the
fair market value is recoverable under the market conditions, trends of earnings and other key measures.
The following table summarizes book values of securities not stated at fair value as of March ,  and :
Available-for-sale securities
B O OK VA L U E
T H O U S A N D S O F
M I L L I O N S O F Y E N U S D O L L A R S
2003 2002 2003
Non-listed equity securities ..................................................................................... ¥7,578 ¥7,805 $ 63,150
Non-listed foreign bonds......................................................................................... 6,681 3,500 55,675
Others .................................................................................................................... 10,005 583,375
Total ...................................................................................................................... ¥24,264 ¥11,310 $202,200
Note: T he preferred securities ¥, million ($, thousand) issued by specific purpose company which is based on the scheme for securitization of real estate own the
risk of fluctuations for redemption price caused by future changing utilization value of real estate.
Maturities of available-for-sale securities are as follows:
M I L L I O N S O F YE N
2003
O V E R A YE A R O VE R F I V E YE A R S
B U T W I T H I N B U T W I T H I N
W I T H I N A YE A R F I V E YE A R S T E N YE A R S T O T A L
Equity securities..................................................................................... ¥ — ¥ 6,003 ¥ — ¥ 6,003
Government bonds................................................................................. 34,997 10 — 35,007
Corporate bonds .................................................................................... —13,181 3,500 16,681
Total ..................................................................................................... ¥34,997 ¥19,194 ¥3,500 ¥57,691
M I L L I O N S O F YE N
2002
O V E R A YE A R O VE R F I V E YE A R S
B U T W I T H I N B U T W I T H I N
W I T H I N A YE A R F I V E YE A R S T E N YE A R S T O T A L
Equity securities..................................................................................... ¥ — ¥6,003 ¥ — ¥ 6,003
Government bonds................................................................................. 34,997 10 — 35,007
Corporate bonds .................................................................................... — 202 3,500 3,702
Total ..................................................................................................... ¥34,997 ¥6,215 ¥3,500 ¥44,712
T H O U S A N D S O F U S D O L L A R S
2003
O V E R A YE A R O VE R F I V E YE A R S
B U T W I T H I N B U T W I T H I N
W I T H I N A YE A R F I V E YE A R S T E N YE A R S T O T A L
Equity securities..................................................................................... $—$50,025 $ — $ 50,025
Government bonds................................................................................. 291,642 83 — 291,725
Corporate bonds .................................................................................... —109,842 29,167 139,009
Total ..................................................................................................... $291,642 $159,950 $29,167 $480,759
OLY MPUS AR03財務 for PDF 03.8.1 10:43 A M ページ 30