Financial Information: Annual Report 2002

(a) Marketable securities classified as other securities as of March 31, 2002 and 2001 are summarized as follows:

Millions of yen				Thousands of U.S. dollars
As of March 31, 2002	Acquisition cost	Carrying value	Unrealized gain (loss)	Acquisition cost	Carrying value	Unrealized gain (loss)
Securities whose carrying value exceeds their acquisition cost:
Stock	¥23,524	¥60,503	¥36,978	$176,872	$454,910	$278,030
Bonds:
Government bonds	9	9	0	68	68	0
Corporate bonds	59	60	0	444	451	0
Other debt securities	50	50	0	376	376	0
Other	79	91	11	594	684	83
Subtotal	23,722	60,715	36,992	178,361	456,504	278,135
Securities whose acquisition cost exceeds their carrying value:
Stock	22,202	17,132	(5,070)	166,932	128,812	(38,120)
Bonds:
Government bonds	-	-	-	-	-	-
Corporate bonds	369	351	(17)	2,774	2,639	(128)
Other debt securities	1	1	-	8	8	-
Other	1,016	984	(32)	7,639	7,398	(241)
Subtotal	23,591	18,470	(5,120)	177,376	138,872	(38,496)
Total	¥47,313	¥79,186	¥31,872	$355,737	$595,383	$239,639

Acquisition cost in the table above represents the book value after the devaluation of certain securities. Loss on devaluation of investment securities for the year ended March 31, 2002 amounted to ¥12,633 million ($94,985 thousand).

Millions of yen
As of March 31, 2001	Acquisition cost	Carrying value	Unrealized gain (loss)
Securities whose carrying value exceeds their acquisition cost:
Stock	¥25,347	¥74,167	¥48,820
Bonds:
Government bonds	-	-	-
Corporate bonds	279	285	5
Other debt securities	50	51	1
Other	200	200	0
Subtotal	25,878	74,705	48,827
Securities whose acquisition cost exceeds their carrying value:
Stock	32,819	29,328	(3,490)
Bonds:
Government bonds	9	9	(0)
Corporate bonds	196	190	(5)
Other debt securities	1	1	(0)
Other	636	443	(192)
Subtotal	33,663	29,974	(3,689)
Total	¥59,541	¥104,679	¥45,138

(b) Sales of securities classified as other securities amounted to ¥2,615 million ($19,662 thousand) with aggregate gain and loss of ¥375 million ($2,820 thousand) and ¥61 million ($459 thousand), respectively, for the year ended March 31, 2002.

 For the year ended March 31, 2001, sales of securities classified as other securities amounted to ¥10,449 million with aggregate gain and loss of ¥3,752 million and ¥140 million, respectively. In addition, the Company contributed marketable securities with a fair value of ¥26,632 million to its employees' retirement benefit trust, which resulted in a gain of ¥20,241 million for the year ended March 31, 2001.

(c) The redemption schedule for securities with maturity dates classified as other securities is summarized as follows:

Millions of yen
As of March 31, 2002	Due in one year or less	Due after one year through five years	Due after five years through ten years	Due after ten years
Government bonds	¥10	¥ -	¥ -	¥ -
Corporate bonds	50	333	545	-
Other debt securities	1	50	-	-
Total	¥61	¥383	¥545	¥ -

Thousands of U.S. dollars
As of March 31, 2002	Due in one year or less	Due after one year through five years	Due after five years through ten years	Due after ten years
Government bonds	$75	$ -	$ -	$ -
Corporate bonds	376	2,504	4,098	-
Other debt securities	8	376	-	-
Total	$459	$2,880	$4,098	$ -