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(3) Other investment securities (available for sale securities) sold during the years ended March 31, 2003 and 2002: 

(a) For the year ended March 31, 2003: 

<img src='content_image/10722.jpg'>

(b) For the year ended March 31, 2002: 

<img src='content_image/10718.jpg'>

(4) Book value of major marketable securities without available fair market value (except for held-to- maturity debt securities stated in (1)) as of March 31, 2003 and 2002: 

<img src='content_image/10719.jpg'>

Note: The Company and consolidated subsidiaries recognized ¥3,188 million (US$ 26,522 thousand) and ¥8,970 million in loss on devaluation of securities for the years ended March 31, 2003 and 2002, respectively, out of which, the devaluation of investment securities with fair market value was ¥2,950 million (US$ 24,542 thousand) and ¥7,577 million for the years ended March 31, 2003 and 2002, respectively. For purpose of recording the loss on devaluation of securities, the Company and consolidated subsidiaries consider all securities whose fair mar- ket value has fallen below 50% of the book value to be permanently impaired, and records the relevant loss on devaluation. For securities whose fair value has declined between 30% to 50% in relation to book value, the Company and consolidated subsidiaries specifically consider the probability of recovery of the fair value, and records a loss on devaluation in an amount deemed sufficient. 

(5) Schedule of redemption for other securities with maturity and held-to-maturity debt securities as of March 31, 2003 and 2002: 

(a) As of March 31, 2003: 

<img src='content_image/10721.jpg'>

