Casio 2016 Annual Report Download - page 31

Annual Report 2016 / 4630
CONTENTS
To Our Stakeholders Prole Special Features ESG Information Financial Section Corporate Data
(Note) 1: Method for calculating the fair value of financial instruments and matters related to securities
and investment securities and derivative transactions
Assets
[1] Cash and deposits, [2] Notes and accounts receivable-trade
Since these items are short-term and the fair value approximates the book value, the book value is used as
fair value.
[3] Securities and investment securities
The fair value of equity securities is the market price, while the fair value of debt securities is the market price
or the price quoted by the correspondent financial institution. Since certificates of deposit and commercial
paper are short-term, and the fair value approximates the book value, the book value is used as fair value.
See Note 6 “Securities and Investment Securities” for information on securities categorized by holding
purpose.
Liabilities
[1] Notes and accounts payable-trade, [2] Accounts payable-other, [3] Income taxes payable
Since these items are short-term, and the fair value approximates the book value, the book value is used as
fair value.
[4] Bonds with subscription rights to shares
The fair value of bonds with subscription rights to shares is the price quoted by the correspondent financial
institution.
[5] Long-term loans payable
The fair value of long-term loans payable with fixed interest rates is the sum of the principal and total interest
discounted by the rate that is applied if a new loan is made.
Since long-term loans payable with floating interest rates reflect market interest rates over the short term,
and the fair value approximates the book value, the book value is used as fair value. However, those that
are subject to special treatment interest rate swaps are measured by taking the sum of the principal and
total interest associated with the interest rate swaps and discounting it by the rate that is reasonably
estimated and applied if a new loan is made (see Note 7 “Derivative Transactions”).
Derivative transactions
See Note 7 “Derivative Transactions.”
(Note) 2: Financial instruments of which fair value is difficult to estimate
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
2016 2015 2016
Book value Book value Book value
Unlisted shares ........................................................................... ¥2,571 ¥2,531 $22,752
The market price of the above shares is not available, therefore the fair value is difficult to estimate. Hence,
they are not included in “[3] Securities and investment securities” on P31.
In the fiscal years ended March 31, 2016 and 2015, there were no unlisted shares declared impairment loss.
(Note) 3: Monetary claims and securities and investment securities with repayment due dates after
March 31, 2016 and 2015:
Millions of Yen
For 2016
Within
one year
Within
five years
Within
ten years
Over
ten years
Cash and deposits ..................................................... ¥ 66,648 ¥— ¥— ¥—
Notes and accounts receivable-trade .......................... 47,843 — — —
Securities and investment securities
1. Held-to-maturity debt-securities
(1) Government bonds ....................................... — — — —
(2) Corporate bonds .......................................... — — — —
(3) Others ......................................................... 30,000 — — —
2. Available-for-sale securities with maturities
(1) Debt securities
a. Government bonds ................................... — — — —
b. Corporate bonds ...................................... 15,600 — — —
c. Others ...................................................... — — — —
(2) Others ......................................................... 10,000 — — —
Total........................................................................... ¥170,091 ¥— ¥— ¥—
Notes to Consolidated Financial Statements