Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2011

Other Comprehensive Income (Loss)

14. Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) are as follows:

	Years ended December 31
	2011			2010			2009
	(Millions of yen)
Foreign currency translation adjustments:
Balance at beginning of year	¥	(325,612	)	¥	(202,628	)	¥	(235,968	)
Adjustments for the year		(53,251	)		(122,984	)		33,340
Balance at end of year		(378,863	)		(325,612	)		(202,628	)
Net unrealized gains and losses on securities:
Balance at beginning of year		3,020			3,285			1,135
Adjustments for the year		(2,017	)		(265	)		2,150
Balance at end of year		1,003			3,020			3,285
Net gains and losses on derivative instruments:
Balance at beginning of year		917			71			1,493
Adjustments for the year		(462	)		846			(1,422	)
Balance at end of year		455			917			71
Pension liability adjustments:
Balance at beginning of year		(68,784	)		(61,546	)		(59,480	)
Adjustments for the year		(35,584	)		(7,238	)		(2,066	)
Balance at end of year		(104,368	)		(68,784	)		(61,546	)
Total accumulated other comprehensive income (loss):
Balance at beginning of year		(390,459	)		(260,818	)		(292,820	)
Adjustments for the year		(91,314	)		(129,641	)		32,002
Balance at end of year	¥	(481,773	)	¥	(390,459	)	¥	(260,818	)

Tax effects allocated to each component of other comprehensive income (loss) and reclassification adjustments, including amounts attributable to noncontrolling interests, are as follows:

	Years ended December 31
	Before-tax amount			Tax (expense) or benefit			Net-of-tax amount
	(Millions of yen)
2011:
Foreign currency translation adjustments	¥	(53,839	)	¥	(247	)	¥	(54,086	)
Net unrealized gains and losses on securities:
Amount arising during the year		(7,571	)		3,010			(4,561	)
Reclassification adjustments for gains and losses realized in net income		4,077			(1,632	)		2,445
Net change during the year		(3,494	)		1,378			(2,116	)
Net gains and losses on derivative instruments:
Amount arising during the year		4,221			(1,708	)		2,513
Reclassification adjustments for gains and losses realized in net income		(5,006	)		2,044			(2,962	)
Net change during the year		(785	)		336			(449	)
Pension liability adjustments:
Amount arising during the year		(59,928	)		20,252			(39,676	)
Reclassification adjustments for gains and losses realized in net income		2,038			(739	)		1,299
Net change during the year		(57,890	)		19,513			(38,377	)
Other comprehensive income (loss)	¥	(116,008	)	¥	20,980		¥	(95,028	)
2010:
Foreign currency translation adjustments	¥	(128,271	)	¥	1,353		¥	(126,918	)
Net unrealized gains and losses on securities:
Amount arising during the year		(2,179	)		671			(1,508	)
Reclassification adjustments for gains and losses realized in net income		1,320			42			1,362
Net change during the year		(859	)		713			(146	)
Net gains and losses on derivative instruments:
Amount arising during the year		8,409			(3,573	)		4,836
Reclassification adjustments for gains and losses realized in net income		(6,990	)		2,921			(4,069	)
Net change during the year		1,419			(652	)		767
Pension liability adjustments:
Amount arising during the year		(19,170	)		8,314			(10,856	)
Reclassification adjustments for gains and losses realized in net income		2,323			(794	)		1,529
Net change during the year		(16,847	)		7,520			(9,327	)
Other comprehensive income (loss)	¥	(144,558	)	¥	8,934		¥	(135,624	)
2009:
Foreign currency translation adjustments	¥	35,459		¥	(2,089	)	¥	33,370
Net unrealized gains and losses on securities:
Amount arising during the year		2,231			(1,333	)		898
Reclassification adjustments for gains and losses realized in net income		2,205			(886	)		1,319
Net change during the year		4,436			(2,219	)		2,217
Net gains and losses on derivative instruments:
Amount arising during the year		298			(119	)		179
Reclassification adjustments for gains and losses realized in net income		(2,670	)		1,068			(1,602	)
Net change during the year		(2,372	)		949			(1,423	)
Pension liability adjustments:
Amount arising during the year		(4,115	)		1,891			(2,224	)
Reclassification adjustments for gains and losses realized in net income		1,911			(632	)		1,279
Net change during the year		(2,204	)		1,259			(945	)
Other comprehensive income (loss)	¥	35,319		¥	(2,100	)	¥	33,219