Olympus 2015 Annual Report Download - page 54

Operating Lease Transactions (Lessor):
Future minimum lease payments under the non-cancelable operating leases having remaining terms in excess of one year were as follows:
Millions of yen
As of March 31, 2014
Due within
one year
Due after
one year
Total minimum
lease payments
¥3,145 ¥3,832 ¥6,977
Millions of yen Thousands of U.S. dollars
As of March 31, 2015
Due within
one year
Due after
one year
Total minimum
lease payments
Due within
one year
Due after
one year
Total minimum
lease payments
¥5,149 ¥7,309 ¥12,458 $42,908 $60,908 $103,817
28. Other Comprehensive Income
The following table presents reclassification adjustments and corresponding tax effects allocated to each component of other comprehen-
sive income for the years ended March 31, 2014 and 2015:
Millions of yen
Thousands of
U.S. dollars
2014 2015 2015
Net unrealized holding gains (losses) on available-for-sale securities, net of taxes:
Amount arising during the year ........................................................................................................... ¥ 8,236 ¥17,086 $142,383
Reclassification adjustments for gains and losses included in net income ........................................... (483) 505 4,209
Amount before tax effect .................................................................................................................... 7,753 17,591 146,592
Tax effect ........................................................................................................................................... (2,212) (4,663) (38,859)
Net unrealized holding gains (losses) on available-for-sale securities, net of taxes .................................. 5,541 12,928 107,733
Net unrealized gains (losses) on hedging derivatives, net of taxes:
Amount arising during the year ........................................................................................................... 7 0 0
Reclassification adjustments for gains and losses included in net income ........................................... (28) (7) (58)
Amount before tax effect .................................................................................................................... (21) (7) (58)
Tax effect ........................................................................................................................................... — — —
Net unrealized gains (losses) on hedging derivatives, net of taxes .......................................................... (21) (7) (58)
Foreign currency translation adjustments:
Amount arising during the year ........................................................................................................... 42,103 28,651 238,758
Reclassification adjustments for gains and losses included in net income ........................................... 2,519 108 900
Foreign currency translation adjustments ............................................................................................... 44,622 28,759 239,658
Pension liability adjustments of foreign subsidiaries:
Amount arising during the year ........................................................................................................... 1,348 — —
Reclassification adjustments for gains and losses included in net income ........................................... 1,218 — —
Amount before tax effect .................................................................................................................... 2,566 — —
Tax effect ........................................................................................................................................... (1,416) — —
Pension liability adjustments of foreign subsidiaries ................................................................................ 1,150 — —
Retirement benefits liability adjustments:
Amount arising during the year ........................................................................................................... — (5,224) (43,533)
Reclassification adjustments for gains and losses included in net income ........................................... — (1,470) (12,250)
Amount before tax effect .................................................................................................................... — (6,694) (55,783)
Tax effect ........................................................................................................................................... — (319) (2,659)
Retirement benefits liability adjustments ................................................................................................. — (7,013) (58,442)
Share of other comprehensive income of companies accounted for by the equity method:
Amount arising during the year ........................................................................................................... 77 4 34
Share of other comprehensive income of companies accounted for by the equity method ..................... 77 4 34
Total other comprehensive income......................................................................................................... ¥51,369 ¥34,671 $288,925
Finance Lease Transactions (Lessor):
Leased investment assets recognized in the consolidated balance sheets as of March 31, 2014 and 2015 were as follows:
Millions of yen
Thousands of
U.S. dollars
2014 2015 2015
Lease receivables and leased investment assets:
Lease receivables .................................................................................................................................. ¥23,786 ¥25,490 $212,417
Estimated residual value ........................................................................................................................ 1,347 3,083 25,692
Interest income ...................................................................................................................................... (2,614) (2,943) (24,526)
Leased investment assets ..................................................................................................................... ¥22,519 ¥25,630 $218,583
Millions of yen
Thousands of
U.S. dollars
2014 2015 2015
Other assets:
Lease receivables .................................................................................................................................. ¥34,188 ¥37,614 $313,450
Estimated residual value ........................................................................................................................ 5,140 2,480 20,667
Interest income ...................................................................................................................................... (4,816) (3,851) (32,092)
Leased investment assets ..................................................................................................................... ¥34,512 ¥36,243 $302,025
The following table set forth amounts of lease receivables and leased investment assets to be collected subsequent to March 31, 2014
and 2015:
Millions of yen
As of March 31, 2014
Due within
one year
Due after one
year through
two years
Due after two
years through
three years
Due after three
years through
four years
Due after four
years through
five years
Due after
five years
Lease receivables and
leased investment assets:
Lease receivables .................................... ¥ 934 ¥ — ¥ — ¥ — ¥ — ¥ —
Lease receivable components
of leased investment assets ................... 23,786 — — — — —
Other assets:
Lease receivables .................................... — 344 552 66 24 2
Lease receivable components
of leased investment assets ................... — 14,393 9,425 5,003 1,593 3,774
Millions of yen
As of March 31, 2015
Due within
one year
Due after one
year through
two years
Due after two
years through
three years
Due after three
years through
four years
Due after four
years through
five years
Due after
five years
Lease receivables and
leased investment assets:
Lease receivables .................................... ¥ 6,053 ¥ — ¥ — ¥ — ¥ — ¥ —
Lease receivable components
of leased investment assets ................... 25,490 — — — — —
Other assets:
Lease receivables .................................... — 3,713 2,455 1,322 527 26
Lease receivable components
of leased investment assets ................... — 16,998 12,102 7,337 1,076 101
Thousands of U.S. dollars
As of March 31, 2015
Due within
one year
Due after one
year through
two years
Due after two
years through
three years
Due after three
years through
four years
Due after four
years through
five years
Due after
five years
Lease receivables and
leased investment assets:
Lease receivables .................................... $ 50,442 $ — $ — $ — $ — $ —
Lease receivable components
of leased investment assets ................... 212,417 — — — — —
Other assets:
Lease receivables .................................... — 30,942 20,458 11,017 4,392 217
Lease receivable components
of leased investment assets ................... — 141,650 100,850 61,142 8,967 842
Notes to the Consolidated Financial Statements
105
OLYMPUS Annual Report 2015
104 OLYMPUS Annual Report 2015