Nikon 1999 Annual Report Download - page 23

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21
7. LONG-TERM DEBT
Long-term debt at March 31, 1999 and 1998 was comprised of the following:
Thousands of
Millions of Yen U.S. Dollars
1999 1998 1999
Loans, principally from banks and insurance companies:
1999: 1.13%-9.185% due 2000-2006
1998: 1.32%-9.185% due 1999-2004 ¥ 25,601 ¥ 22,171 $ 212,369
Bonds 90,000 90,000 746,577
115,601 112,171 958,946
Less: Current portion (12,509) (13,676) (103,773)
Long-term debt, less current portion ¥103,091 ¥ 98,495 $ 855,173
The aggregate annual maturities of long-term debt for the years following March 31, 1999 are as follows:
Year Ending Thousands of
March 31 Millions of Yen U.S. Dollars
2000 ¥ 12,509 $103,773
2001 17,152 142,287
2002 26,025 215,893
2003 15,608 129,481
2004 22,017 182,643
Thereafter 22,286 184,869
¥ 115,601 $958,946
The following is a summary of the terms of bonds which the Company and/or any subsidiary may at any time purchase at any price in
the open market or otherwise.
The bonds purchased or otherwise acquired by the Company and/or any subsidiary may be held or resold or, at the discretion of the
Company and/or such subsidiary, may be canceled (together with any unmatured coupons attached thereto or purchased therewith).
Thousands of
Millions of Yen U.S. Dollars
Issued in To be redeemed in 1999 1998 1999
6.2% Euro-Yen Unsecured Bonds July 1992 October 1999 ¥10,000 ¥10,000 $ 82,953
4.85% Euro-Yen Unsecured Bonds September 1994 December 2001 10,000 10,000 82,953
4.4% Yen Unsecured Bonds January 1995 January 2001 10,000 10,000 82,953
4.0% Yen Unsecured Bonds January 1995 January 1999 10,000
2.95% Yen Unsecured Bonds February 1996 February 2003 10,000 10,000 82,953
2.7% Yen Unsecured Bonds February 1996 February 2002 10,000 10,000 82,953
2.45% Yen Unsecured Bonds March 1997 March 2004 10,000 10,000 82,953
2.7% Yen Unsecured Bonds June 1997 June 2003 10,000 10,000 82,953
2.5% Yen Unsecured Bonds November 1997 November 2007 10,000 10,000 82,953
2.575% Yen Unsecured Bonds April 1998 April 2005 10,000 82,953
¥90,000 ¥90,000 $746,577
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