ANNUAL REPORT

FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED MARCH 31, 2009
26.2.2.Present value of the defined benefit
obligations
The movement of the present value is as follows:
(in JPY millions) 2009 2008
Opening balance 68,083 88,134
Actuarial gains (6,359) (3,216)
Current service costs and interest 3,970 4,330
Benefits paid by the plans (3,200) (3,757)
Effect of exchange rates (1,671) (6,690)
Plan participants' contributions (1,077) (1,084)
Exit from consolidation scope - (5,977)
Reclassification to held for sale - (2,249)
Others 1,082 (1,408)
Closing balance 60,828 68,083
26.2.3. Plan assets
26.2.3.1. Present value of plan assets
The plan assets comprise :
(in JPY millions) 2009 2008
Equity securities 13,230 20,689
Government bonds 6,679 10,468
Cash 3,639 1,920
Corporate bonds 2,997 794
Insurance contracts 982 1,073
Others - 332
Total 27,527 35,276
26.2.4. Expense recognized in profit or loss
(in JPY millions) 2009 2008
Current service cost 1,118 1,380
Interest on obligation 2,852 3,328
Expected return on plan assets (2,421) (2,859)
Others 399 (746)
Total 1,948 1,103
The expense is recognized in the following line items in the
income statement
(in JPY millions) 2009 2008
Cost of sales 1,275 725
Selling, general and administrative
expenses
673 378
Total 1,948 1,103
26.2.5. Principal actuarial assumptions at March 31
The weighted average rates utilized for the benefit obligations
are as follows:
2009 2008
Discount rate 4.1 % 4.3 %
Expected return on plan assets 3.3 % 3.8 %
Future salary increases 2.7 % 2.6 %
26.2.3.2. Movement of plan assets
(in JPY millions) 2009 2008
Opening balance 35,276 44,330
Expected return on plan assets (2,421) (2,859)
Benefits paid by the plans (3,200) (3,757)
Actuarial (gains) losses (1,969) 1,005
Contributions paid into the plans 2,154 2,336
Effect of exchange rates (849) (4,236)
Exit from consolidation scope - (1,284)
Others (1,464) (259)
Closing balance 27,527 35,276
81