content_image/116046.jpg content_image/116050.jpg content_image/116051.jpg
## 5. Inventories 

Inventories at March 31, 1999 and 2000 consisted of the following: 

<img src='content_image/116046.jpg'>

## 6. Investments in Affiliates 

A summary of the financial information of the affiliates accounted for by the equity method is presented below: 

<img src='content_image/116050.jpg'>

Of the affiliates accounted for by the equity method, the carrying and market values of the shares of the publicly listed companies at March 31, 1999 and 2000 were as follows: Yen U.S. Dollars 

<img src='content_image/116051.jpg'>

At March 31, 1999 and 2000, the amount of ¥19,373 million ($182,764 thousand) representing the Company’s 29.49% investment in JECC was included in investments and long-term loans—other. The Company does not regard JECC as an affiliate as it is unable to exercise significant influence over JECC’s affairs. JECC’s principal business is the leasing of computers and peripherals which it purchases from its seven shareholders. At March 31, 2000, JECC’s issued share capital was ¥65,700 million ($619,811 thousand). Its net sales for the years ended March 31, 1998, 1999 and 2000 amounted to ¥299,269 million, ¥298,957 million and ¥299,746 million ($2,827,792 thousand) respectively. 

