Leased Asset (Tables)

12 Months Ended

Mar. 31, 2011

Leased assets under capital leases are comprised of the following:


	Yen in millions
	March 31
Class of property	2010			2011

Land		62			—
Buildings		1,005			—
Machinery, equipment and others		11,807			9,288
Film costs		21,175			19,208
Accumulated amortization		(7,543	)		(4,634	)

		26,506			23,862

Schedule by year of the future minimum lease payments under capital leases together with the present value of the net minimum lease payments

The following is a schedule by year of the future minimum lease payments under capital leases together with the present value of the net minimum lease payments as of March 31, 2011:


Fiscal year ending March 31	Yen in millions

2012		4,761
2013		3,706
2014		3,275
2015		2,668
2016		2,330
Later years		14,583

Total minimum lease payments		31,323
Less — Amount representing interest		6,650

Present value of net minimum lease payments		24,673
Less — Current obligations		4,162

Long-term capital lease obligations		20,511

Minimum rental payments required under operating leases that have initial or remaining noncancelable lease terms in excess of one year

The minimum rental payments required under operating leases that have initial or remaining noncancelable lease terms in excess of one year at March 31, 2011 are as follows:


Fiscal year ending March 31	Yen in millions

2012		39,817
2013		31,459
2014		24,652
2015		18,158
2016		12,665
Later years		51,239

Total minimum future rentals		177,990

- Definition

General description of lessee's leasing arrangements including: (1) The basis on which contingent rental payments are determined, (2) The existence and terms of renewal or purchase options and escalation clauses, (3) Restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) Rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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