Track-Records of LTV

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Track-Records of LTV (Loan to Value)

    16th Fiscal Period
Ended Nov. 30, 2011 
15th Fiscal Period
Ended May 31, 2011 
14th Fiscal Period
Ended Nov. 30, 2010 
13th Fiscal Period
Ended May 31, 2010 
12th Fiscal Period
Ended Nov. 30, 2009 
11th Fiscal Period
Ended May 31, 2009 
Interest bearing liabilities (Millions of yen)  213,076 237,162 101,800 101,800 101,800 101,800
Total assets (Millions of yen)  450,963 416,471 230,778 231,043 230,751 231,234
Appraisal value at the end of the period (Millions of yen)  414,604 384,396 217,528 219,236 219,787 221,714
Book value at the end of the period (Millions of yen)  410,155 381,144 215,502 216,411 212,331 213,432
LTV (Note) (%)  46.8 56.5 43.7 43.5 42.7 42.5
    10th Fiscal Period
Ended Nov. 30, 2008 
9th Fiscal Period
Ended May 31, 2008 
8th Fiscal Period
Ended Nov. 30, 2007 
7th Fiscal Period
Ended May 31, 2007 
6th Fiscal Period
Ended Nov. 30, 2006 
5th Fiscal Period
Ended May 31, 2006 
Interest bearing liabilities (Millions of yen)  100,100 99,200 73,900 69,900 63,000 63,000
Total assets (Millions of yen)  229,132 208,841 181,877 177,686 169,797 169,554
Appraisal value at the end of the period (Millions of yen)  232,120 220,892 193,914 181,326 170,763 164,038
Book value at the end of the period (Millions of yen)  212,691 190,835 165,801 160,811 156,095 155,442
LTV (Note) (%)  40.3 41.5 35.2 35.3 34.2 35.4
(Note)  LTV = (Interest bearing liabilities / (Total assets + (Appraisal value at the end of the period - Book value at the end of the period)) * 100
For LTV, please refer to "Financial Policies and Strategies".