Financial Information: Annual Report 2002

(a) Finance Leases

The following pro forma amounts represent the acquisition costs, accumulated depreciation and net book value of the leased property as of March 31, 2002 and 2001, which would have been reflected in the consolidated balance sheets if finance lease accounting had been applied to the finance leases currently accounted for as operating leases:

Millions of yen			Thousands of U.S. dollars
As of March 31	2002	2001	2002
Acquisition costs:
Machinery and equipment	¥5,232	¥5,460	$39,338
Other assets	2,361	1,839	17,752
	¥7,594	¥7,299	$57,098
Accumulated depreciation:
Machinery and equipment	¥2,449	¥2,398	$18,414
Other assets	1,231	1,034	9,256
	¥3,681	¥3,432	$27,677
Net book value:
Machinery and equipment	¥2,782	¥3,062	$20,917
Other assets	1,130	805	8,496
	¥3,913	¥3,867	$29,421

Lease payments relating to finance leases accounted for as operating leases amounted to ¥1,466 million ($11,023 thousand) and ¥1,531 million, which were equal to the depreciation expense of the leased assets computed by the straight-line method over the lease terms, for the years ended March 31, 2002 and 2001, respectively.
 Future minimum lease payments (including the interest portion thereon) subsequent to March 31, 2002 for finance leases accounted for as operating leases are summarized as follows:

For the years ending March 31	Millions of yen	Thousands of U.S. dollars
2003	¥1,241	$9,331
2004 and thereafter	2,671	20,083
Total	¥3,913	$29,421

(b) Operating Leases

Future minimum lease payments subsequent to March 31, 2002 for noncancelable operating leases are summarized as follows:

For the years ending March 31	Millions of yen	Thousands of U.S. dollars
2003	¥954	$7,173
2004 and thereafter	1,715	12,895
Total	¥2,669	$20,068