Wacom 2007 Annual Report Download - page 27

Under the New Accounting Standards, the balance
sheet comprises the assets, liabilities and net assets
sections. Previously, the balance sheet comprised the
assets, liabilities, minority interests and the shareholders’
equity sections.
Notes to Consolidated Financial Statements
3. Investment securities:
The following is certain information relating to the
aggregate acquisition cost and market value of
securities in scal year 2006:
(iii) Securities of which market price or quotations
are not available.
(ii) “Other securities” sold in the current scal year.
(i) “Other securities” of which market price or
quotations are available.
There are not any items which should be disclosed in this section.
The following is certain information relating to the
aggregate acquisition cost and market value of
securities in scal year 2007.
There are not any items, which should be disclosed in this section.
(i) “Other securities” of which market price or
quotations are available.
Proceeds from sales of “Other securities”
Gain on sales of “Other securities”
Loss on sales of “Other securities”
¥66,882
43,526
–
Held-to-maturity debt securities
Share stocks invested in aliates
Other securities
Non-marketable equity securities
¥ –
–
55,804
¥55,804
Thousands of yen
Thousands of yen
Book carrying amount
March 31, 2006
March 31, 2007
(iii) Securities of which market price or quotations
are not available.
Held-to-maturity debt securities
Share stocks invested in aliates
Other securities
Non-marketable equity securities
March 31, 2006
$ –
–
478
$478
¥ –
–
56,394
¥56,394
Thousands of
U.S. dollars
Thousands of
yen
Book carrying
amount
Book carrying
amount
March 31, 2007
(ii) “Other securities” sold in the current scal year.
Proceeds from sales of “Other securities”
Gain on sales of “Other securities”
Loss on sales of “Other securities”
¥3,649
3,649
–
$31
31
–
Thousands of
U.S. dollars
Thousands of
yen
4. Notes receivable and payable :
(1)Notes receivable with maturity on March 31, or
scal year end, are settled on book on the date of
bank clearing and then included in this scal year
are such notes with maturity on March 31, 2007,
as notes receivable for ¥14,016 thousand ($119
thousand).
(2)Notes payable with maturity on March 31, or
scal year end, are settled on book on the date of
bank clearing and then included in this scal year
are such notes with maturity on March 31, 2007,
as notes payable for ¥248,804 thousand ($2,108
thousand).
5. Short-term and long-term debt:
Short-term debt consisting of bank borrowings at
March 31, 2006 and 2007 is ¥600,000 thousand and
¥600,000 thousand ($5,083 thousand), respectively,
with annual average interest rates of 0.699% and
1.250%, respectively.
Long-term debt at March 31, 2006 and 2007 comprises
the following:
Unsecured yen bond due
2006 with interest rate of
1.100% per annum
Unsecured yen bond due 2007
with interest rate of Japanese
yen TIBOR (6 months) +
0.100% per annum
Secured bank loans due 2006
to 2008 with average interest
rates of 1.834% per annum
Unsecured bank loans due
2007 to 2008 with average
interest rates of 1.820% per
annum
Less: Portion due within one year
¥500,000
200,000
187,600
–
(817,600)
¥70,000
¥–
–
–
70,000
(70,000)
¥–
$–
–
–
593
(593)
$–
Thousands of
U.S. dollars
Thousands of yen
March 31
2006 2007 2007
March 31
The following assets are pledged as security for
short-term debt and long-term debt at March 31,
2006 and 2007:
Buildings and facilities
Land
¥1,153,184
1,125,168
¥2,278,352
¥–
–
¥–
$–
–
$–
Thousands of
U.S. dollars
Thousands of yen
March 31
2006 2007 2007
March 31
6. Accrued retirement benets:
The Company has an unfunded retirement allowance plan
(the “Plan”) covering substantially all of its employees who
meet eligibility requirements under the Plan. In addition,
the Company is a member of the Saitama prefectural
industrial park multi-employer pension plan, which covers
substantially all of its employees and provides for benets
under the governmental welfare pension benet plan,
which would otherwise be provided by the Japanese
government.
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