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40 OLYMPUS 2007
Securities with book value (fair value) not exceeding acquisition cost.
Millions of yen Thousands of U.S. dollars
2007 2006 2007
Acquisition Book Acquisition Book Acquisition Book
cost Value Difference cost Value Difference cost Value Difference
Equity securities .................. ¥12,456 ¥11,410 ¥(1,046) ¥ 2,066 ¥ 1,962 ¥(104) $103,800 $ 95,083 $(8,717)
Bonds ............................... — — — 1,200 1,200 — — — —
Others ............................... 2,327 2,259 (68) 60,000 59,279 (721) 19,392 18,825 (567)
Total ............................... ¥14,783 ¥13,669 ¥(1,114) ¥63,266 ¥62,441 ¥(825) $123,192 $113,908 $(9,284)
Note: The Company recognizes impairment loss when the fair market value of marketable and investment securities comes down to less than 50% of the acquisition
cost at the end of the period. In addition, the loss is also recognized when the fair market value declines more than 30% but less than 50%, unless the recovery
of the fair market value is reasonably expected under the market conditions, trends of earnings and other key measures.
The following table summarizes book values of securities not stated at fair value as of March 31, 2007 and 2006:
Available-for-sale securities
Book value
Thousands of
Millions of yen U.S. dollars
2007 2006 2007
Non-listed equity securities ......................................................................................... ¥12,802 ¥11,603 $106,683
Non-listed foreign bonds ............................................................................................ 9,928 5,428 82,733
Others ..................................................................................................................... 5,037 1,964 41,976
Total ..................................................................................................................... ¥27,767 ¥18,995 $231,392
Maturities of available-for-sale securities are as follows:
Millions of yen
2007
Over a year Over five years
but within but within
Within a year five years ten years Total
Government bonds .................................................................................... ¥ — ¥ 3 ¥ — ¥ 3
Corporate bonds ....................................................................................... 5,903 457 4,021 10,381
Others ..................................................................................................... 2,444 1,794 364 4,602
Total ..................................................................................................... ¥8,347 ¥2,254 ¥4,385 ¥14,986
Millions of yen
2006
Over a year Over five years
but within but within
Within a year five years ten years Total
Government bonds .................................................................................... ¥1,200 ¥ 3 ¥ — ¥1,203
Corporate bonds ....................................................................................... — 299 5,425 5,724
Others ..................................................................................................... — 1,101 420 1,521
Total ..................................................................................................... ¥1,200 ¥1,403 ¥5,845 ¥8,448
Thousands of U.S. dollars
2007
Over a year Over five years
but within but within
Within a year five years ten years Total
Government bonds .................................................................................... $ — $ 25 $ — $ 25
Corporate bonds ....................................................................................... 49,192 3,808 33,508 86,508
Others ..................................................................................................... 20,366 14,950 3,034 38,350
Total ..................................................................................................... $69,558 $18,783 $36,542 $124,883