This is to notify you of the necessity to recognize losses in valuation of investment securities and losses
in valuation of investments in affiliated companies as extraordinary losses due to write-down treatment
in the business year ending in March 2009, in regard to investment securities and investments in affiliated
companies held by the Company and consolidated subsidiaries of the Company, in cases where the market
price or effective market price has declined significantly and is not anticipated to recover.
Nonconsolidated
Consolidated
(A)
8,930 ¥million
158 ¥million
（a）
17,443 ¥million
6,043 ¥million
（b）
8,513 ¥million
5,886 ¥million
　※Quarterly valuation of investment securities is recorded using the setup and reversal method.　※The Company's business year ends on March 31.
　○ Proportion with respect to net asset value, ordinary income, and current period net income
Nonconsolidated
Consolidated
（Ｂ） Net asset value as of end of March 2008
144,931 ¥million 246,371 ¥million
（Ａ／Ｂ×100）
6.2 ％
0.1 ％
（(a)／Ｂ×100）
12.0 ％
2.5 ％
（Ｃ） Ordinary income for year ended March 2008
25,852 ¥million
75,469 ¥million
（Ａ／Ｃ×100）
34.5 ％
0.2 ％
（(a)／Ｃ×100）
67.5 ％
8.0 ％
（Ｄ） Current period net income for year ended March 2008
18,578 ¥million
42,974 ¥million
（Ａ／Ｄ×100）
48.1 ％
0.4 ％
（(a)／Ｄ×100）
93.9 ％
14.1 ％
２．Future expectations
End
Notice Regarding Loss in Valuation of Investment Securities and Loss in Valuation of
Investment in Affiliated Companies
1. Total value of loss in valuation of investment securities and loss in valuation of investment in affiliated companies　 for the year ended March 2009.
Business results for the year ended March 2009 are currently being calculated, and are scheduled to be reported onthe date that earnings are announced (May 11).
Total loss on valuation of investment securities and loss onvaluation of investment in affiliated companies for the yearending March 2009 (April 1, 2008 to March 31, 2009)
Total accumulated loss on valuation of investment securities andloss on valuation of investment in affiliated companies throughthe 3rd Quarter accounting period for the year ending March 2009(April 1, 2008 to December 31, 2008)
Total loss on valuation of investment securities and loss on valuationof investment in affiliated companies for 4th Quarter accounting periodof the year ending March 2009 (January 1, 2009 to March 31, 2009),(=(a) –(b))
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