Epson 2007 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2007 Epson 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 89

  • 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

67
Annual Report 2007
Millions of yen
March 31, 2007
Gross unrealized
Market value
Cost Gains Losses (carrying value)
Equity securities ¥11,214 ¥15,437 ¥(121) ¥26,530
Debt securities 1 — (—) 1
Other 279 — (—) 279
Total ¥11,494 ¥15,437 ¥(121) ¥26,810
Thousands of U.S. dollars
March 31, 2007
Gross unrealized
Market value
Cost Gains Losses (carrying value)
Equity securities $94,993 $130,767 $(1,025) $224,735
Debt securities 9 — (—) 9
Other 2,363 — (—) 2,363
Total $97,365 $130,767 $(1,025) $227,107
The carrying amount of other securities, which was carried at cost and included in investment securities
account at March 31, 2006 and 2007, comprised the following:
Thousands of
Millions of yen U.S. dollars
March 31 March 31,
Other securities 2006 2007 2007
Unlisted equity securities ¥19,328 ¥18,866 $159,813
Other 127 63 534
Total ¥19,455 ¥18,929 $160,347
The carrying amount of held-to-maturity debt securities, which was carried at amortized cost and included in
cash and cash equivalents account and short-term investments account at March 31, 2006 and 2007, comprised
the following:
Thousands of
Millions of yen U.S. dollars
March 31 March 31,
Held-to-maturity debt securities 2006 2007 2007
Commercial paper ¥39,984 ¥30,983 $262,457
Unlisted debt securities 2,000 ——
Total ¥41,984 ¥30,983 $262,457
For the years ended March 31, 2006 and 2007, other-than-temporary impairments of securities with an aggre-
gate market value that were charged to current income were ¥4 million and ¥168 million ($1,423 thousand), respec-
tively. For the year ended March 31, 2005, there were no other-than-temporary impairments of securities.
Impairments are principally recorded in cases where the fair value of other securities with determinable market
values has declined in excess of 30% of cost. Those securities are written down to the fair value and the resulting
losses are included in current income for the period.