INVESTMENTS IN AFFILIATES

12 Months Ended

Mar. 31, 2016

7. INVESTMENTS IN AFFILIATES

Related party transactions with the affiliates, accounted for by the equity method are as follows:


	March 31,
	2015		2016
	(Yen in millions)
Kyocera’s investments in affiliates	¥	3,825	¥	5,684
Kyocera’s trade receivables from affiliates		131		79


	Years ended March 31,
	2014			2015		2016
	(Yen in millions)
Kyocera’s equity in earnings of affiliates	¥	(228	)	¥	296	¥	(746	)
Kyocera’s sales to affiliates		303			273		252

Kyocera Corporation’s investment in Kagoshima Mega Solar Power Corporation, which was ¥1,781 million at March 31, 2016 accounted for by the equity method, is pledged as collateral for loans of ¥19,490 million from financial institutions of Kagoshima Mega Solar Power Corporation.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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