content_image/126806.jpg content_image/126807.jpg content_image/126808.jpg content_image/126809.jpg
(b) As of March 31, 2002: 

<img src='content_image/126806.jpg'>

## 7. Inventories 

Inventories at March 31, 2003 and 2002 consisted of the following: 

<img src='content_image/126807.jpg'>

## 8. Property, Plant and Equipment 

Property, plant and equipment at March 31, 2003 and 2002 were summarized as follows: 

<img src='content_image/126808.jpg'>

## 9. Revaluation Reserve for Land 

In accordance with the Law to Partially Revise the Land Revaluation Law (Law No. 34, enacted on March 31, 1998), land owned by a consolidated subsidiary for business use was revalued. The unrealized gains from the revaluation were included in shareholders’ equity as “Revaluation reserve for land”, net of deferred taxes. The deferred taxes of the unrealized gains were included in other long-term liabilities. The land was revalued as of March 31, 2002 as follows: 

<img src='content_image/126809.jpg'>

