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Hitachi, Ltd. Annual Report 2007
50
The following is a summary of gross unrealized holding losses on available-for-sale securities and the fair value of the
related securities, aggregated by investment category and length of time that individual securities have been in a continuous
unrealized loss position, as of March 31, 2007 and 2006.
Millions of yen
Less than 12 months 12 months or longer Less than 12 months 12 months or longer
Aggregate Gross Aggregate Gross Aggregate Gross Aggregate Gross
fair value losses fair value losses fair value losses fair value losses
2007 2006
Short-term investments:
Debt securities . . . . . . . . . ¥ – ¥ – ¥ 2,413 ¥ 32 ¥ 8,279 ¥ 7 ¥ 991 ¥ 9
Other securities . . . . . . . . . 96 4 – – 1,152 49 – –
96 4 2,413 32 9,431 56 991 9
Investments and advances:
Equity securities . . . . . . . . 9,052 1,261 1,565 431 1,105 111 14,035 2,057
Debt securities . . . . . . . . . 4,069 23 25,504 501 28,152 1,410 13,110 1,308
Other securities . . . . . . . . . 2,703 82 4,516 90 5,007 86 4,717 128
15,824 1,366 31,585 1,022 34,264 1,607 31,862 3,493
¥15,920 ¥1,370 ¥33,998 ¥1,054 ¥43,695 ¥1,663 ¥32,853 ¥3,502
Thousands of U.S. dollars
Less than 12 months 12 months or longer
Aggregate Gross Aggregate Gross
fair value losses fair value losses
2007
Short-term investments:
Debt securities . . . . . . . . . $ – $ – $ 20,449 $ 271
Other securities . . . . . . . . . 813 34 – –
813 34 20,449 271
Investments and advances:
Equity securities . . . . . . . . 76,712 10,686 13,263 3,653
Debt securities . . . . . . . . . 34,483 195 216,136 4,245
Other securities . . . . . . . . . 22,907 695 38,271 763
134,102 11,576 267,670 8,661
$134,915 $11,610 $288,119 $8,932
Debt securities consist primarily of national, local and foreign governmental bonds, debentures issued by banks and
corporate bonds. Other securities consist primarily of investment trusts.
The proceeds from sale of available-for-sale securities for the years ended March 31, 2007, 2006 and 2005 were ¥83,513
million ($707,737 thousand), ¥60,969 million and ¥60,653 million, respectively. The gross realized gains on the sale of
those securities for the years ended March 31, 2007, 2006 and 2005 were ¥43,267 million ($366,669 thousand), ¥22,480
million and ¥15,889 million, respectively, while gross realized losses on the sale of those securities for the years ended
March 31, 2007, 2006 and 2005 were ¥176 million ($1,492 thousand), ¥482 million and ¥64 million, respectively.
Trading securities consist mainly of investments in trust accounts. Net unrealized holding gains on trading securities as
of March 31, 2007, 2006 and 2005 were ¥2,684 million ($22,746 thousand), ¥7,556 million and ¥2,223 million, respectively,
and were classified as other income in the consolidated statements of operations.