Pioneer 2016 Annual Report Download - page 38

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Short-term borrowings as of March 31, 2016 and 2015, consisted of the following:
7. Short-term Borrowings and Long-term Debt
Millions of Yen
Thousands of
U.S. Dollars
2016 2015 2016
Short-term borrowings:
Weighted-average interest rate of 3.50% as of March 31, 2016,
and 3.88% as of March 31, 2015
Collateralized ¥ 2,909 ¥ 4,892 $ 25,743
Uncollateralized 9,348 12,979 82,726
Total ¥12,257 ¥17,871 $108,469
Long-term debt as of March 31, 2016 and 2015, consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2016 2015 2016
Long-term debt:
Collateralized –¥ 6,367 –
Uncollateralized ¥10,000 10,000 $ 88,496
Convertible bonds, due 2020 15,071 –133,372
Long-term capital lease obligation, due principally in 2019 1,668 2,704 14,761
Total 26,739 19,071 236,629
Less—portion due within one year 971 8,135 8,593
Long-term debt, less current portion ¥25,768 ¥10,936 $228,036
Notes: 1. Carrying amount reported in the consolidated balance sheet is net of accumulated depreciation and accumulated
impairment losses, if any.
2. Decrease during the fiscal year ended March 31, 2016, principally represents the sales of idle property of ¥7 million ($62
thousand). Decrease during the fiscal year ended March 31, 2015, principally represents the sales of idle property of
¥2,182 million.
3. Fair value is principally based on the values provided by third-party real estate appraisers.
Millions of Yen
Carrying Amount Fair Value
April 1, 2014 Increase/Decrease March 31, 2015 March 31, 2015
Idle property ¥5,259 ¥(2,184) ¥3,075 ¥5,398
Total ¥5,259 ¥(2,184) ¥3,075 ¥5,398
Thousands of U.S. Dollars
Carrying Amount Fair Value
April 1, 2015 Increase/Decrease March 31, 2016 March 31, 2016
Idle property $27,212 $(88) $27,124 $46,646
Total $27,212 $(88) $27,124 $46,646
36 Pioneer Corporation Annual Report 2016