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46 SHARP CORPORATION
Long-term debt as of March 31, 2011, 2012 and 2013 consisted of the following:
The following is a summary of the terms for conversion and redemption of convertible bonds with subscription rights to shares:
The aggregate annual maturities of long-term debt as of March 31, 2013 were as follows:
Yen
(millions)
U.S. Dollars
(thousands)
2011 2012 2013 2013
0.0%-9.1% loans principally from banks,
due 2011 to 2034 ¥ 149,554 ¥ 126,188 ¥ 137,774 $ 1,481,441
0.970% unsecured straight bonds, due 2012 20,000 20,000 — —
1.165% unsecured straight bonds, due 2012 10,000 — — —
1.423% unsecured straight bonds, due 2014 30,000 30,000 30,000 322,581
2.068% unsecured straight bonds, due 2019 10,000 10,000 10,000 107,527
0.846% unsecured straight bonds, due 2014 100,000 100,000 100,000 1,075,269
1.141% unsecured straight bonds, due 2016 20,000 20,000 20,000 215,054
1.604% unsecured straight bonds, due 2019 30,000 30,000 30,000 322,581
0.000% unsecured convertible bonds with
subscription rights to shares, due 2013 201,783 201,068 200,354 2,154,344
0.250%-1.177% unsecured Euroyen notes issued
by a consolidated subsidiary, due 2012 to 2013 5,046 6,996 5,000 53,763
0.500% unsecured Pound discount notes issued
by a consolidated subsidiary, due 2011 to 2012 290 130 — —
Lease obligations 26,289 32,690 31,041 333,774
602,962 577,072 564,169 6,066,334
Less-Current portion included in short-term
borrowings (43,042) (47,912) (313,859) (3,374,828)
¥ 559,920 ¥ 529,160 ¥ 250,310 $ 2,691,506
Years ending March 31 Yen
(millions)
U.S. Dollars
(thousands)
2015 ¥ 110,560 $ 1,188,817
2016 21,560 231,828
2017 34,171 367,430
2018 21,574 231,978
2019 and thereafter 62,445 671,452
¥ 250,310 $ 2,691,505
Yen
Conversion price
0.000% unsecured convertible bonds with subscription rights to shares, due 2013 ¥2,522.90
The conversion price is subject to adjustment for certain sub-
sequent events such as the issue of common stock at less than
market value and stock splits.
If all convertible bonds with subscription rights to shares
were converted as of March 31, 2011, 2012 and 2013, 79,018,
79,018 and 79,272 thousand shares of common stock would
have been issuable, respectively.
Financial Section