Pentax 2009 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2009 Pentax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

67
HOYA Annual Report 2009
No. 5
IMPAIRMENT OF LONG-LIVED ASSETS
The Group reviewed its long-lived assets for impairment for the years ended March 31, 2009, 2008 and 2007 as follows:
2009
Use Location Type of assets Millions of Yen
Thousands of
U.S. Dollars
Goodwill and other fixed assets for the PENTAX Division Itabashi-ku,
Tokyo, etc. Goodwill, etc. ¥27,436 $279,304
Trademark rights of the PENTAX Division Boston (U.S.A.) Trademark 213 2,172
Tokyo Studio in the Crystal Division Akishima-shi, Tokyo Machinery and
vehicles, etc. 68 683
Assets to be sold, disposed and idle assets, etc. Mashiko-machi,
Tochigi, etc.
Buildings and
structures, etc. 2,742 27,916
Total ¥30,459 $310,075
The carrying amount of the goodwill and other fixed assets for the PENTAX Division was written down to the estimated recover-
able amount, which was measured at its value in use. The discount rate used for computation of the present value of future cash
flows was 10%.
The carrying amount of the trademark rights of the PENTAX Division was written down to the estimated recoverable amount,
which was measured at its value in use. The discount rate used for computation of the present value of future cash flows was 16%.
The carrying amount of Tokyo Studio in the Crystal Division was measured in terms of its value in use, which is considered to
be zero.
The carrying amount of the assets to be sold, disposed and idle assets was measured on the basis of their net sale price.
2008
Use Location Type of assets Millions of Yen
Tokyo Studio in the Crystal Division Akishima-shi, Tokyo Buildings and
structures, etc. ¥129
Rights in the Health Care Division San Diego (U.S.A.) Intangible assets 212
Assets for the surveying instrument business in the
PENTAX Division
Ogawa-machi,
Saitama
Buildings and
structures, etc. 149
Idle assets, etc. Mulleheimm
(Germany), etc.
Buildings and
structures, etc. 91
Total ¥581
The carrying amount of Tokyo Studio in the Crystal Division was written down to the estimated recoverable amount, which was
measured at its value in use. The discount rate used for computation of the present value of future cash flows was 5%.
The carrying amounts of the Rights in the Health Care Division were written down to the estimated recoverable amount, which
was measured at its value in use. The discount rate used for computation of the present value of future cash flows was 5%.
The carrying amount of Assets for the surveying instrument business in the PENTAX Division was written down to the estimated
recoverable amount, which was measured at its value in use. The discount rate used for computation of the present value of future
cash flows was 5%.
The book value of idle assets was reduced to their estimated recoverable amount, which was measured on the basis of their net sale price.
2007
Use Location Type of assets Millions of Yen
Tokyo Studio in the Crystal Division Akishima-shi, Tokyo Buildings and
structures, etc. ¥88
Total ¥88
The carrying amount of Tokyo Studio in the Crystal Division was written down to the estimated recoverable amount, which was
measured at its value in use. The discount rate used for computation of the present value of future cash flows was 5%.