Casio 2011 Annual Report Download - page 34

32 CASIO COMPUTER CO., LTD.
7. Securities
(1) Held-to-maturity debt securities
Millions of Yen Thousands of U.S. Dollars
2011 2010 2011
Book value Fair value Difference Book value Fair value Difference Book value Fair value Difference
Securities with available fair values
exceeding book values ........................ ¥26,000 ¥26,000 ¥— ¥17,860 ¥17,884 ¥24 $313,253 $313,253 $—
Securities other than the above ............. — — — — — — — — —
Total ................................................ ¥26,000 ¥26,000 ¥— ¥17,860 ¥17,884 ¥24 $313,253 $313,253 $—
(2) Available-for-sale securities
Securities with book values exceeding acquisition costs:
Millions of Yen Thousands of U.S. Dollars
2011 2010 2011
Book value
Acquisition
cost Difference Book value
Acquisition
cost Difference Book value
Acquisition
cost Difference
Equity securities .................................... ¥10,391 ¥ 5,538 ¥4,853 ¥14,080 ¥ 7,404 ¥6,676 $125,193 $ 66,723 $58,470
Bonds ................................................... 65,451 65,334 117 50,776 50,652 124 788,566 787,156 1,410
Others .................................................. 2,859 2,858 1 ———34,446 34,434 12
Total ................................................ ¥78,701 ¥73,730 ¥4,971 ¥64,856 ¥58,056 ¥6,800 $948,205 $888,313 $59,892
Securities others than the above:
Millions of Yen Thousands of U.S. Dollars
2011 2010 2011
Book value
Acquisition
cost Difference Book value
Acquisition
cost Difference Book value
Acquisition
cost Difference
Equity securities .................................... ¥ 8,920 ¥10,874 ¥(1,954) ¥ 6,128 ¥ 7,187 ¥(1,059) $107,470 $131,012 $(23,542)
Bonds ................................................... 10,406 10,500 (94) 14,539 15,000 (461) 125,374 126,506 (1,132)
Others .................................................. 7 9 (2) 10 11 (1) 84 109 (25)
Total ................................................ ¥19,333 ¥21,383 ¥(2,050) ¥20,677 ¥22,198 ¥(1,521) $232,928 $257,627 $(24,699)
(3) Available-for-sale securities sold in the years ended March 31, 2011 and 2010:
Millions of Yen Thousands of U.S. Dollars
2011 2011
Sales amount
Gross realized
gains
Gross realized
losses Sales amount
Gross realized
gains
Gross realized
losses
Equity securities .................... ¥60 ¥29 ¥— $723 $349 $—
Bonds ................................... — — — — — —
Others .................................. — — — — — —
Total ................................ ¥60 ¥29 ¥— $723 $349 $—
Millions of Yen
2010
Sales amount
Gross realized
gains
Gross realized
losses
Equity securities .................... ¥8,839 ¥1,669 ¥2
Bonds ................................... — — —
Others .................................. — — —
Total ................................ ¥8,839 ¥1,669 ¥2
(4) Short-term investment securities impaired
Certain short-term investment securities are impaired. An impairment loss of ¥231 million ($2,783 thousand), comprising ¥229
million ($2,759 thousand) on other securities except for trading securities (“available-for-sale securities”) for which fair value is
readily determinable, ¥0 million ($0 thousand) on securities of which the fair value is extremely difficult to estimate and ¥2 million
($24 thousand) on other securities has been recorded for the year ended March 31, 2011. An impairment loss of ¥1,002 million,
comprising ¥1,000 million on securities of which the fair value is extremely difficult to estimate and ¥2 million on other securities
has been recorded for the year ended March 31, 2010.
With respect to impairment losses, investment securities with a fair value that has declined by 50% or more against their
acquisition cost are booked as an impairment loss. Among investment securities that have declined by 30% or more, but less than
50% against their acquisition cost, those that have been comprehensively assessed and deemed as unlikely to recover their value
are also booked as impairment losses.
Notes to Consolidated Financial Statements Years ended March 31, 2011 and 2010 Casio Computer Co., Ltd. and Subsidiaries