Nikon 2013 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2013 Nikon 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 68

  • 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

53
NIKON CORPORATION ANNUAL REPORT 2013
FINANCIAL SECTION
Derivative transactions to which hedge accounting is not applied at March 31, 2012 and 2013 were as follows:
Millions of Yen
2012
Contract
Amount
Contract
Amount Due
after One Year
Fair
Value
Unrealized
Gain (Loss)
Forward Exchange Contracts:
Selling USD ¥12,092 ¥(138) ¥(138)
Selling EUR 21,887 (607) (607)
Selling Other 9,423 (184) (184)
Buying JPY (1) 0 0
Buying USD (13,320) 106 106
Buying EUR (5,820) (37) (37)
Buying Other (668) 5 5
Total ¥(855)
Currency Swap Contracts:
Yen receipt,
Brazil Real payment ¥ 1,153 ¥1,153 ¥ 1 ¥ 1
Total ¥ 1
Millions of Yen Thousands of U.S. Dollars
2013 2013
Contract
Amount
Contract
Amount Due
after One Year
Fair
Value
Unrealized
Gain (Loss)
Contract
Amount
Contract
Amount Due
after One Year
Fair
Value
Unrealized
Gain (Loss)
Forward Exchange Contracts:
Selling USD ¥ 9,309 ¥ (23) ¥ (23) $ 98,980 $ (246) $ (246)
Selling EUR 27,121 (1,336) (1,336) 288,368 (14,206) (14,206)
Selling Other 15,857 (1,109) (1,109) 168,602 (11,790) (11,790)
Buying JPY (6) 0 0 (69) (1) (1)
Buying USD (5,922) (28) (28) (62,962) (296) (296)
Buying EUR (5,823) (167) (167) (61,916) (1,773) (1,773)
Buying Other (643) 5 5 (6,838) 49 49
Total ¥(2,658) $ (2,021)
Currency Swap Contracts:
Yen receipt,
Brazil Real payment ¥ 1,153 ¥ 477 ¥ (45) ¥ (45) $ 12,259 $ 5,068 $ (479) $ (479)
Yen receipt,
Thai Baht payment 11,416 10,387 (2,150) (2,150) 121,382 110,439 (22,859) (22,859)
Total ¥(2,195) $(23,338)
Notes: Method used to calculate the fair value
1. Forward Exchange Contracts: Forward exchange rates are used for the fair values of forward exchange contracts.
2. Currency Option Contracts: The fair values of derivative transactions are based on information provided by financial institutions.
In case of transacting zero cost option contracts, only the fair value and unrealized loss (gain) corresponding to
option premiums are shown.
3. Currency Swap Contracts: The fair values of derivative transactions are based on information provided by financial institutions.
The currency swap amounts are notional amounts, which are shown in the above table, and do not represent
the amounts exchanged by the parties and do not measure the Group’s exposure to credit or market risk.