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(Information on impairment losses on fixed assets by reportable segment) 

<img src='content_image/159543.jpg'>

(Information on gains on negative goodwill by reportable segment) 

Current fiscal year from April 1, 2011 to March 31, 2012 

Daiwa recorded negative goodwill of ¥35,266 million ($430,073 thousand) by converting Daiwa Office Investment Corporation into a consoli- dated subsidiary. Daiwa doesn’t allocate negative goodwill to any reportable segment. 

