NJ » Topics » 6. Supplemental cash flow information:

This excerpt taken from the NJ 20-F filed Dec 24, 2008.

6. Supplemental cash flow information:


Cash payments for income taxes were ¥13,026 million, ¥15,965 million and ¥17,019 million ($169,867 thousand) for the years ended March 31, 2006, 2007 and 2008, respectively. Interest payments during the years ended March 31, 2006, 2007 and 2008 were ¥1,348 million, ¥1,907 million and ¥2,501 million ($24,963 thousand), respectively.


Tax benefits related to a stock-based compensation plan of ¥23 million, ¥16 million and ¥9 million ($90 thousand) were classified as operating cash flows for the years ended March 31, 2006, 2007 and 2008, respectively.


Because of the merger of Mitsubishi Tokyo Financial Group, Inc. and UFJ Holdings, Inc., on October 1, 2005, NIDEC’s shares of UFJ Holdings, Inc. were exchanged for the shares of the new company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1,123 million for the year ended March 31, 2006, which is included in ¥3,869 million of “Gain from marketable securities, net”.  Because of the share exchange of Sumitomo Mitsui Financial Group, Inc. and SMBC Friend Securities Co., LTD., on September 1, 2006, NIDEC’s shares of SMBC Friend Securities Co., LTD. were exchanged for the shares of the company, Sumitomo Mitsui Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥45 million for the year ended March 31, 2007, which is included in the ¥943 million of “Gain from marketable securities, net”.  Because of the share exchange of Mitsubishi UFJ Financial Group, Inc. and Mitsubishi UFJ Securities Co., LTD., on September 30, 2007, NIDEC’s shares of Mitsubishi UFJ Securities Co., LTD., were exchanged for the shares of the company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1 million ($10 thousand) for the year ended March 31, 2008, which is included in the ¥454 million ($4,531 thousand) of “Gain from marketable securities, net”.


Capital lease obligations of ¥1,995 million, ¥1,281 million and ¥1,075 million ($10,730 thousand) were incurred for the years ended March 31, 2006, 2007 and 2008, respectively.


Conversion of convertible debt into common stock was ¥8,482 million for the year ended March 31, 2006.  There was no impact for the years ended March 31, 2007 and 2008, respectively.


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Table of Contents
Index to Consolidated Financial Statements and Information

NIDEC CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)



This excerpt taken from the NJ 20-F filed Sep 22, 2008.

6. Supplemental cash flow information:


Cash payments for income taxes were ¥13,026 million, ¥15,965 million and ¥17,019 million ($169,867 thousand) for the years ended March 31, 2006, 2007 and 2008, respectively. Interest payments during the years ended March 31, 2006, 2007 and 2008 were ¥1,348 million, ¥1,907 million and ¥2,501 million ($24,963 thousand), respectively.


Tax benefits related to a stock-based compensation plan of ¥23 million, ¥16 million and ¥9 million ($90 thousand) were classified as operating cash flows for the years ended March 31, 2006, 2007 and 2008, respectively.


Because of the merger of Mitsubishi Tokyo Financial Group, Inc. and UFJ Holdings, Inc., on October 1, 2005, NIDEC’s shares of UFJ Holdings, Inc. were exchanged for the shares of the new company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1,123 million for the year ended March 31, 2006, which is included in ¥3,869 million of “Gain from marketable securities, net”.  Because of the share exchange of Sumitomo Mitsui Financial Group, Inc. and SMBC Friend Securities Co., LTD., on September 1, 2006, NIDEC’s shares of SMBC Friend Securities Co., LTD. were exchanged for the shares of the company, Sumitomo Mitsui Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥45 million for the year ended March 31, 2007, which is included in the ¥943 million of “Gain from marketable securities, net”.  Because of the share exchange of Mitsubishi UFJ Financial Group, Inc. and Mitsubishi UFJ Securities Co., LTD., on September 30, 2007, NIDEC’s shares of Mitsubishi UFJ Securities Co., LTD., were exchanged for the shares of the company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1 million ($10 thousand) for the year ended March 31, 2008, which is included in the ¥454 million ($4,531 thousand) of “Gain from marketable securities, net”.


Capital lease obligations of ¥1,995 million, ¥1,281 million and ¥1,075 million ($10,730 thousand) were incurred for the years ended March 31, 2006, 2007 and 2008, respectively.


Conversion of convertible debt into common stock was ¥8,482 million for the year ended March 31, 2006.  There was no impact for the years ended March 31, 2007 and 2008, respectively.


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Table of Contents
Index to Consolidated Financial Statements and Information

NIDEC CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)



This excerpt taken from the NJ 20-F filed Jul 27, 2007.

6. Supplemental cash flow information:


Cash payments for income taxes were ¥8,007 million, ¥13,026 million and ¥15,965 million ($135,239 thousand) for the years ended March 31, 2005, 2006 and 2007, respectively. Interest payments during the years ended March 31, 2005, 2006 and 2007 were ¥853 million, ¥1,348 million and ¥1,907 million ($16,154 thousand), respectively.


Tax benefits related to stock-based compensation plan of ¥23 million and ¥16 million ($136 thousand) were classified as an operating cash flow for the year ended March 31, 2006 and 2007, respectively.


Because of the merger of Mitsubishi Tokyo Financial Group, Inc. and UFJ Holdings, Inc., on October 1, 2005, NIDEC’s shares of UFJ Holdings, Inc. were exchanged for the shares of the new company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1,123 million for the year ended March 31, 2006, which is included in ¥3,869 million of “Gain from marketable securities, net”.  Because of the share exchange of Sumitomo Mitsui Financial Group, Inc. and SMBC Friend Securities Co., LTD., on September 1, 2006, NIDEC’s shares of SMBC Friend Securities Co., LTD. were exchanged for the shares of the company, Sumitomo Mitsui Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥45 million ($381 thousand) for the year ended March 31, 2007, which is included in ¥943 million ($7,988 thousand) of “Gain from marketable securities, net”.


Capital lease obligations of ¥2,440 million, ¥1,995 million and ¥1,281 million ($10,851 thousand) were incurred for the years ended March 31, 2005, 2006 and 2007, respectively.


Conversions of convertible debt into common stock were ¥3,880 million and ¥8,482 million for the years ended March 31, 2005 and 2006, respectively. No impact for the year ended March 31, 2007.


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Table of Contents
Index to Consolidated Financial Statements and Information

NIDEC CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)


This excerpt taken from the NJ 20-F filed Sep 25, 2006.

6. Supplemental cash flow information:


Cash payments for income taxes were ¥4,088 million, ¥8,007 million and ¥13,026 million ($110,888 thousand) for the years ended March 31, 2004, 2005 and 2006, respectively. Interest payments during the years ended March 31, 2004, 2005 and 2006 were ¥856 million, ¥853 million and ¥1,348 million ($11,475 thousand), respectively.


Tax benefit related to stock-based compensation plan of 23 million ($196 thousand) was classified as an operating cash flow for the year ended March 31, 2006.


Because of the merger of Mitsubishi Tokyo Financial Group, Inc. and UFJ Holdings, Inc., on October 1, 2005, NIDEC’s shares of UFJ Holdings, Inc. were exchanged for the shares of the new company, Mitsubishi UFJ Financial Group. As a result of this share exchange, NIDEC recognized a gain of ¥1,123 million for the year ended March 31, 2006, which is included in ¥3,869 million of “Gain from marketable securities, net”.


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Table of Contents
Index to Consolidated Financial Statements and Information

NIDEC CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)


Capital lease obligations of ¥550 million, ¥2,440 million and ¥1,995 million ($16,983 thousand) were incurred for the years ended March 31, 2004, 2005 and 2006, respectively.


Conversions of convertible debt into common stock were ¥5,020 million, ¥3,880 million and ¥8,482 million ($72,206 thousand) for the years ended March 31, 2004, 2005 and 2006, respectively.



This excerpt taken from the NJ 20-F filed Aug 12, 2005.

6. Supplemental cash flow information:


Cash payments for income taxes were ¥5,840 million, ¥4,088 million and ¥8,007 million ($74,560 thousand) for the years ended March 31, 2003, 2004 and 2005, respectively. Interest payments during the years ended March 31, 2003, 2004 and 2005 were ¥1,112 million, ¥856 million and ¥853 million ($7,943 thousand), respectively.


Capital lease obligations of ¥1,202 million, ¥550 million and ¥2,440 million ($22,721 thousand) were incurred for the years ended March 31, 2003, 2004 and 2005, respectively.


Conversions of convertible debt into common stock were ¥32 million, ¥5,020 million and ¥3,880 million ($36,130 thousand) for the years ended March 31, 2003, 2004 and 2005, respectively.



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