content_image/99858.jpg content_image/99859.jpg
Had IAS been applied, the significant effects on the consolidated financial statements would have been as follows. As the effect of pension and severance plans for the year ended March 31, 2000 was not computed, the effect for the year beginning on April 1, 2000 is estimated and disclosed in Note 10. 

Please refer to the corresponding notes for details of the other items. 

<img src='content_image/99858.jpg'>

## 3. U.S. Dollar Amounts 

The Company and its consolidated subsidiaries in Japan maintain their books of account in yen. The U.S. dollar amounts included in the accompanying consolidated financial statements and the notes thereto represent the arithmetic results of translating yen into dollars at ¥106= US$1, the approximate rate of exchange prevailing on March 31, 2000. 

The U.S. dollar amounts are presented solely for the convenience of the reader and the translation is not intended to imply that the assets and liabilities which originated in yen have been or could readily be converted, realized or settled in U.S. dollars at the above or any other rate. 

## 4. Marketable Securities 

The current and noncurrent portfolios of marketable securities at March 31, 1999 and 2000, which are included in short-term investments (current) and in investments and long-term loans — other (noncurrent), are summarized as follows: 

<img src='content_image/99859.jpg'>

