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Hitachi, Ltd. Annual Report 2007 51
The contractual maturities of debt securities and other securities classified as investments and advances in the consolidated
balance sheet as of March 31, 2007 are as follows:
Millions of yen Thousands of U.S. dollars
Held-to- Available- Held-to- Available-
maturity for-sale Total maturity for-sale Total
2007 2007
Due within five years . . . . . . . . . . . . . . . . . . ¥ 850 ¥33,512 ¥34,362 $7,203 $284,000 $291,203
Due after five years through ten years . . . . 198 19,884 20,082 1,678 168,508 170,186
Due after ten years . . . . . . . . . . . . . . . . . . . – 39,215 39,215 – 332,331 332,331
¥1,048 ¥92,611 ¥93,659 $8,881 $784,839 $793,720
Expected redemptions may differ from contractual maturities because some of these securities are redeemable at the
option of the issuers.
The aggregate carrying amounts of cost-method investments which were not evaluated for impairment as of March 31,
2007 and 2006 were ¥68,741 million ($582,551 thousand) and ¥75,764 million, respectively, mainly because it is not practicable
to estimate the fair value of the investments due to lack of a market price and difficulty in estimating fair value without
incurring excessive cost and the Company did not identify any events or changes in circumstances that might have had a
significant adverse effect on their fair value.
The aggregate fair values of investments in affiliated companies, for which a quoted market price was available, as of
March 31, 2007 and 2006, were ¥190,632 million ($1,615,525 thousand) and ¥184,504 million, respectively. The aggregate
carrying amounts of such investments as of March 31, 2007 and 2006 were ¥93,957 million ($796,246 thousand) and
¥91,191 million, respectively.
As of March 31, 2007 and 2006, cumulative recognition of other-than-temporary declines in values of investments in
certain affiliated companies resulted in the difference of ¥15,190 million ($128,729 thousand) and ¥13,576 million,
respectively, between the carrying amount of the investment and the amount of underlying equity in net assets. In addition,
as of March 31, 2007 and 2006, equity-method goodwill included in investments in certain affiliated companies were
¥5,062 million ($42,898 thousand) and ¥11,848 million, respectively.
Summarized combined financial information relating to affiliated companies accounted for by the equity method is as follows:
Thousands of
Millions of yen U.S. dollars
2007 2006 2007
Current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥1,402,438 ¥1,293,236 $11,885,068
Non-current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,012,226 965,574 8,578,186
Current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,138,964 1,106,243 9,652,237
Non-current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 338,384 319,149 2,867,661
Thousands of
Millions of yen U.S. dollars
2007 2006 2005 2007
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥2,574,034 ¥2,302,913 ¥2,588,526 $21,813,847
Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 394,762 370,979 432,615 3,345,441
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,664 22,177 1,850 209,017