text: 8. SHORT-TERM BORROWINGS AND LONG-TERM DEBT 
  
  At March 31, 2005 and 2004, short-term borrowings and the current portion of long-term debt consisted of the following: 
  
  *Thousands of*
  *U.S. dollars*
  2004 
  *Mar. 31, 2005*
  
  *Millions of yen*
  
  2004 
  *Mar. 31, 2005* 2003 
  *Mar. 31, 2004* *As of*
  
  Loans, principally from banks............................................................................................................................................. ¥ 597,737 
  491,336 
  Commercial paper........................................................................................................................................................................ 
  836,545 
  Current portion of long-term debt................................................................................................................................... 
  58,332 
  Current portion of lease obligation ................................................................................................................................ 
  ¥1,983,950  $ 5,586,327 
  4,591,925 
  7,818,178 
  545,159 
  $18,541,589 
  ¥ 311,928 
  38,000 
  1,010,870 
  50,464 
  ¥1,411,262 