Integrated Report 2020

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9. Comprehensive IncomeReclassification adjustment and tax effect of other comprehensive income for the years ended March 31, 2020 and 2019 were as follows:Millions of yen Thousands ofU.S. dollars202020192020Net unrealized holding gain on securities: Amount incurred during the fiscal year¥  (467)¥  (526) $ (4,292) Reclassification adjustment(4)(1)(41) Prior to deducting tax effect(471)(528)(4,333) Tax effect1441611,327 Net unrealized holding gain on securities(327)(366)(3,006)Foreign currency translation adjustments:Amount incurred during the fiscal year(986)(2,963)(9,066)Reclassification adjustment―― ― Prior to deducting tax effect(986)(2,963)(9,066) Tax effect―—— Foreign currency translation adjustments(986)(2,963)(9,066)Remeasurements of defined benefit plans:Amount incurred during the fiscal year(1,453)(1,054)(13,358)Reclassification adjustment5771335,308 Prior to deducting tax effect(876)(921)(8,049) Tax effect2662842,444 Remeasurements of defined benefit plans(609)(636)(5,604)Total other comprehensive income¥(1,923)¥(3,967) $(17,678)10. Cash and Cash Equivalents1. Reconciliation between cash and cash equivalents in the consolidated statement of cash flows and cash and deposits in the consolidated balance sheet as of March 31, 2020 and 2019 were as follows: Millions of yen Thousands ofU.S. dollars202020192020Cash and deposits¥57,190¥62,148$525,501Time deposits with maturity of more than 3 months(4,929)(3,845)(45,298)Cash and cash equivalents¥52,260¥58,303$480,2022.Assets and liabilities related to lease transactions newly recognized for the years ended March 31, 2020 and 2019 were as follows: Millions of yen Thousands ofU.S. dollars202020192020Leased assets¥   73¥128$   676Right-of-use assets2,318―21,300Lease obligations2,39112821,977Note: The increase in Right-of-use assets and Lease obligations due to the application of IFRS16 “Lease” were included in the above table from the year ended March 31, 2020.11. Leases(Lessee’s accounting)For finance lease transactions that transfer ownership, leased assets recognized as property, plant and equipment are mainly production facilities for the years ended March 31, 2020 and 2019, and are depreciated in the same way as the owned property, plant and equipment.For finance lease transactions that do not transfer ownership, leased assets recognized as property, plant and equipment are mainly vehicles and office equipment such as personal computers, and those recognized as intangible assets are mainly software for the years ended March 31, 2020 and 2019. These leased assets are depreciated to a residual value of zero by the straight-line method over the estimated useful lives determined based on the contract terms.For Right-of-use assets transactions, leased assets recognized as property, plant and equipment are mainly leased offices and warehouses. These Right-of-use assets are depreciated to a residual value of zero by the straight-line method over the estimated useful lives determined based on the contract terms.(As Lessee)The minimum lease payments under noncancellable operating leases as of March 31, 2020 and 2019 were as follows:Millions of yen Thousands ofU.S. dollars202020192020Due within 1 year¥217¥  688$2,000Due after 1 year4679044,291Total¥684¥1,593$6,291LINTEC Integrated Report 2020FoundationStrategyOverviewFinancial Information81