10.

LEASES

The Companies lease most of their store premises, some of their distribution centers, and certain equipment. Most leases have automatic renewal provisions and allow the Companies to extend the lease term beyond the initial base period, subject to the terms agreed at lease inception. Future minimum rental commitments on operating leases having remaining non-cancerable lease term in excess of one year are presented below:


	Millions of		Thousands of
Year Ending March 31	Yen		U.S. Dollars

2012	¥	819	$	9,896
2013		727		8,784
2014		241		2,912
2015		213		2,574
2016		205		2,477
Thereafter		645		7,794


Total	¥	2,850	$	34,437

Rental expenses were ¥5,147 million ($62,192 thousand), ¥5,252 million and ¥4,800 million for the years ended March 31, 2011, 2010 and 2009, respectively.