Omron 2004 Annual Report Download - page 50

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48
Gross unrealized holding losses and fair value of certain available-for-sale, equity securities, aggregated by length of time that such
securities have been in a continuous unrealized loss position, at March 31, 2004, were as follows:
Available-for-sale securities:
Debt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total available-for-sale securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(*) Cost represents amortized cost for debt securities and acquisition cost for equity securities.
$ 585
431,915
$432,500
Thousands of U.S. dollars
2004
Fair value
$ —
(764)
$(764)
Gross
unrealized
losses
$ —
178,443
$178,443
Gross
unrealized gains
$ 585
254,236
$254,821
Cost ( * )
Intangible assets subject to amortization:
Software . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥10,268
2,838
¥13,106
Millions of yen
2004 2003
Accumulated
Amortization
¥21,780
3,842
¥25,622
Gross Amount
¥14,392
2,952
¥17,344
Accumulated
Amortization
¥24,531
4,001
¥28,532
Gross Amount
There were no securities which have been in a continuous unrealized loss position over 12 months at March 31, 2004.
Losses on impairment of available-for-sale securities recognized to reflect the decline in market value considered to be other than
temporary were ¥847 million ($7,991 thousand), ¥1,194 million and ¥13,845 million for the years ended March 31, 2004, 2003 and
2002, respectively.
Net unrealized holding gains (losses) on available-for-sale securities, net of related taxes, increased by ¥11,803 million ($ 111,349
thousand) and decreased by ¥5,047 million for the years ended March 31, 2004 and 2003, respectively. Debt securities classified as
available-for-sale investment securities mature in various amounts through 2006.
Proceeds from sales of available-for-sale securities were ¥1,833 million ($17,292 thousand), ¥1,240 million and ¥2,750 million for the
years ended March 31, 2004, 2003 and 2002, respectively. Gross realized gains on sales were ¥1,120 million ($10,566 thousand), ¥78
million and ¥1,608 million for the years ended March 31, 2004, 2003 and 2002, respectively. Gross realized losses on sales were ¥82
million ($774 thousand), ¥1,218 million and ¥321 million for the years ended March 31, 2004, 2003 and 2002, respectively.
5. GOODWILL AND OTHER INTANGIBLE ASSETS
The components of acquired intangible assets excluding goodwill at March 31, 2004 and 2003 were as follows:
Available-for-sale securities:
Equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(764)
Millions of yen Thousands of U.S. dollars
Less than 12 months
Gross
Unrealized
Holding
losses
$3,811
Fair value
¥(81)
Gross
Unrealized
Holding
losses
¥404
Fair value