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63
NIKON REPORT 2016
5. Inventories
Inventories at March 31, 2015 and 2016 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Finished and seminished products ¥ 85,957 ¥103,149 $ 915,414
Work in process 121,930 117,632 1,043,943
Raw materials and supplies 32,096 26,667 236,663
Total ¥239,983 ¥247,448 $2,196,020
6. Long-Lived Assets
The Nikon Group classies its long-lived assets by business segment or
subsegment, the smallest units that generate generally independent cash
ows, as well as important idle assets that can be evaluated separately.
The Group recognized an impairment loss of ¥15,220 million as
other expense for the Semiconductor Lithography Business Unit of the
Precision Equipment Business due to declining protability of the unit,
and the carrying amounts of the following long-lived assets were written
down to the recoverable amounts for the year ended March 31, 2015.
Also, the Group reviewed its long-lived assets for impairment as of
March 31, 2015 and recognized an impairment loss of ¥1,010 million
as “Loss on impairment of long-lived assets” for the idle machinery,
equipment, furniture and structures in Japan, China, and Thailand,
as no specic use is expected in the future for these assets.
The Group recognized an impairment loss of ¥7,048 million
($62,546 thousand) as other expense for the Semiconductor
Lithography Business Unit of the Precision Equipment Business due
to declining protability of the unit, and the carrying amounts of the
following long-lived assets were written down to the recoverable
amounts for the year ended March 31, 2016.
Also, the Group reviewed its long-lived assets for impairment as of
March 31, 2016 and recognized an impairment loss of ¥1,401 million
($12,438 thousand) as “Loss on impairment of long-lived assets” for
the idle machinery, equipment, furniture and structures in Japan,
China, and Thailand, as no specic use is expected in the future for
these assets.
Millions of Yen
Thousands of
U.S. Dollars
Place Usage Type 2015 2016 2016
Kumagaya, Saitama
and others
Assets for business Buildings and structures ¥ 2,755
Machinery, equipment and vehicle 6,464 ¥5,486 $48,688
Lease assets 328 102 901
Construction in progress 1,900 952 8,445
Tools, furniture and xtures 1,464 196 1,744
Intangible assets (except goodwill) 2,166 290 2,576
Long-term prepaid expense 143 22 192
Total ¥15,220 ¥7,048 $62,546
7. Short-Term Borrowings and Long-Term Debt
Short-term borrowings at March 31, 2015 and 2016 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Short-term loans, principally from banks:
2015: 0.30420% – 0.60000%
2016: 0.20700% – 0.42091% ¥13,600 ¥13,600 $120,696
Total ¥13,600 ¥13,600 $120,696
Notes to Consolidated Financial Statements
FINANCIAL AND CORPORATE DATA