【最終】AR2018

72/90

(Interest rate and currency related)Millions of yen2018Contract amountsFair valueHedge accounting methodType of derivativesMajor hedged itemsTotalOver 1 yearThe Tokurei-shori and Furiate-shori for interest rate and currency swapsInterest rate and currency swaps Variable rate receipt / Fixed rate payment U.S.$ receipt / Japanese ¥ paymentLong-term loans payable¥5,993¥5,405¥(Note)Thousands of U.S. dollars2018Contract amountsFair valueHedge accounting methodType of derivativesMajor hedged itemsTotalOver 1 yearThe Tokurei-shori and Furiate-shori for interest rate and currency swapsInterest rate and currency swaps Variable rate receipt / Fixed rate payment U.S.$ receipt / Japanese ¥ paymentLong-term loans payable$56,415$50,883$(Note)Note: Interest rate and currency swaps subject to the Tokurei-shori and Furiate-shori for interest rate and currency swaps are treated together with the hedged long-term loans payable. Accordingly, the fair value of those interest rate and currency swaps is included in the fair value of the long-term loans payable.Millions of yen2017Contract amountsFair valueHedge accounting methodType of derivativesMajor hedged itemsTotalOver 1 yearThe Tokurei-shori and Furiate-shori for interest rate and currency swapsInterest rate and currency swaps Variable rate receipt / Fixed rate payment U.S.$ receipt / Japanese ¥ paymentLong-term loans payable¥6,581¥5,993¥(Note)Note: Interest rate and currency swaps subject to the Tokurei-shori and Furiate-shori for interest rate and currency swaps are treated together with the hedged long-term loans payable. Accordingly, the fair value of those interest rate and currency swaps is included in the fair value of the long-term loans payable.17. Retirement BenefitsThe Company has defined benefit plans of a corporate pension fund plan under the Japanese Defined Benefit Corporate Pension Law and lump-sum payment plan.Domestic consolidated subsidiaries have lump-sum payment plans and certain foreign consolidated subsidiaries have defined contribution plans and lump-sum payment plans.The following summarizes information related to retirement benefits for the years ended March 31, 2018 and 2017. 1. Defined benefit plans(1) Reconciliation statement for the beginning balance and the ending balance of retirement benefit obligationsMillions of yen Thousands ofU.S. dollars201820172018Retirement benefit obligations at beginning of year¥36,965¥36,549$347,939Service cost1,7951,75416,903Interest cost1891871,778Actuarial gains (losses) (89)(4)(846)Retirement benefits paid(1,575)(1,570)(14,828)Increase (decrease) from foreign currency translation45(26)426Other6875641Retirement benefit obligations at end of year¥37,398¥36,965$352,015Note: For some of the consolidated subsidiaries, the simplified method is used to calculate retirement benefit obligations.LINTEC ANNUAL REPORT 201870FINANCIAL SECTION