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## Derivative Transactions to Which Hedge Accounting Is Applied at March 31, 2010 

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Note: The above interest rate swaps which qualify for hedge accounting and meet specific matching criteria are not remeasured at market value, but the differential paid or received under the swap agreements are recognized and included in interest expense or income. In addition, the fair value of such interest rate swaps in Note 17 is included in that of hedged items (i.e. long-term debt). 

The fair value of derivative transactions is measured at the quoted price obtained from the financial institution. 

The following is the fair value information for foreign currency forward contracts to which hedge accounting is not applied at March 31, 2009. Foreign currency forward contracts which qualify for hedge accounting are excluded from the information below. 

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Note: Depending on the interest rate, fixed interest rate is exchanged for floating rate.  The fair value of derivative transactions is measured at the quoted price obtained from the financial institution. 

 The contract or notional amounts of derivatives which are shown in the above table do not represent the amounts exchanged by the parties and do not measure the Group’s exposure to credit or market risk. 

## 19. Contingent Liabilities 

At March 31, 2010, the Group had the following contingent liabilities: 

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