text: 13. INCOME TAXES 
  
  Income taxes in Japan applicable to the Company and its domestic consolidated subsidiaries consist of corporation tax, inhabitants’ taxes and 
  enterprise tax, which, in the aggregate, resulted in a statutory rate of approximately 41% for 2004 and 42% for 2003 and 2002. Income taxes of 
  the foreign consolidated subsidiaries are based generally on the tax rates applicable in their countries of incorporation. 
  The effective tax rates reflected in the consolidated statements of income for the years ended March 31, 2005, 2004 and 2003 differ from 
  the statutory tax rates for the following reasons: 
  
  2004 
  *Mar. 31, 2005* 2003 
  *Mar. 31, 2004* 2002 
  *Mar. 31, 2003* *For the years ended*
  
  Statutory tax rates ................................................................................................................................................................................................................. 40.6%  41.9%  41.9% 
  Effect of: 
  
  (1.9) 
  Decrease in valuation allowance ................................................................................................................................................................ 
  (2.7) 
  Different tax rates applied to foreign subsidiaries ....................................................................................................................... 
  (1.5) 
  Tax credits..................................................................................................................................................................................................................... 
  (1.9) 
  Equity in earnings of unconsolidated subsidiaries and affiliates...................................................................................... 
  Adjustments in deferred tax assets and liabilities due to change in tax rate......................................................... — 
  0.1 
  Other.................................................................................................................................................................................................................................. 
  Effective tax rates .................................................................................................................................................................................................................. 32.5% 