Epson 2015 Annual Report Download - page 110

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109
(C) Fair value hierarchy
The fair value hierarchy of financial instruments is categorized from Level 1 to Level 3 as follows:
Level 1: Fair value measured at quoted prices in active markets for identical assets or liabilities
Level 2: Fair value calculated using inputs other than quoted prices included within Level 1 that are observable,
either directly or indirectly
Level 3: Fair value calculated using valuation techniques including inputs unobservable input for the assets and
liabilities
Epson does not have any financial instruments for which there is significant measurement uncertainty and
subjectivity which needs to subdivide each level stated above for disclosure.
The transfers between levels in the fair value hierarchy are deemed to have occurred at the end of the reporting
period.
Classification by hierarchy regarding financial assets and liabilities measured at fair value
FY2013: As of March 31, 2014
Level 1 Level 2 Level 3 Total
Financial assets
Derivative financial assets -169 -169
Equity securities 14,178 -2,606 16,784
Total 14,178 169 2,606 16,953
Financial liabilities
-2,296 -2,296
Total -2,296 -2,296
FY2014: As of March 31, 2015
Level 1 Level 2 Level 3 Total
Financial assets
Derivative financial assets -3,181 -3,181
Equity securities 17,232 -2,406 19,639
Total 17,232 3,181 2,406 22,821
Financial liabilities
-259 -259
Total -259 -259
FY2014: As of March 31, 2015
Level 1 Level 2 Level 3 Total
Financial assets
Derivative financial assets -26,470 -26,470
Equity securities 143,405 -20,021 163,426
Total 143,405 26,470 20,021 189,896
Financial liabilities
-2,155 -2,155
Total -2,155 -2,155
Millions of yen
　　　　Derivative financial liabilities
Millions of yen
　　　　Derivative financial liabilities
Thousands of U.S. dollars
　　　　 Derivative financial liabilities
There were no transfers of financial instruments between Level 1 and Level 2 of the fair value hierarchy during the
years ended March 31, 2014 and 2015.