(3) Other investment securities (available for sale securities) sold during the years ended March 31, 2003 and 2002: (a) For the year ended March 31, 2003: (b) For the year ended March 31, 2002: (4) Book value of major marketable securities without available fair market value (except for held-to- maturity debt securities stated in (1)) as of March 31, 2003 and 2002: (5) Schedule of redemption for other securities with maturity and held-to-maturity debt securities as of March 31, 2003 and 2002: (a) As of March 31, 2003: Sales amount Total gain Total loss ¥815,133 million ¥49 million ¥136 million Millions Millions Thousands of of yen of yen U.S. dollars 2003 2002 2003 Commercial paper ¥35,646 ¥20,174 $296,556 Money management fund 33,064 31,897 275,075 Unlisted stocks (excluding over-the-counter stocks) 6,787 6,523 56,464 Medium-term government bond fund 6,504 7,103 54,110 Beneficiary rights to the trust 4,122 — 34,293 Negotiable certificated deposit 2,000 — 16,639 Free financial fund — 17,806 — Medium-term note — 8,000 — Note: The Company and consolidated subsidiaries recognized ¥3,188 million (US$ 26,522 thousand) and ¥8,970 million in loss on devaluation of securities for the years ended March 31, 2003 and 2002, respectively, out of which, the devaluation of investment securities with fair market value was ¥2,950 million (US$ 24,542 thousand) and ¥7,577 million for the years ended March 31, 2003 and 2002, respectively. For purpose of recording the loss on devaluation of securities, the Company and consolidated subsidiaries consider all securities whose fair mar- ket value has fallen below 50% of the book value to be permanently impaired, and records the relevant loss on devaluation. For securities whose fair value has declined between 30% to 50% in relation to book value, the Company and consolidated subsidiaries specifically consider the probability of recovery of the fair value, and records a loss on devaluation in an amount deemed sufficient. Millions of yen Thousands of U.S. dollars Within 1 1 to 5 5 to 10 Over 10 Within 1 1 to 5 5 to 10 Over 10 year years years years year years years years 1) Debt securities Government and  municipal bonds ¥ 68 ¥3,843 ¥1,010 ¥225 $ 566 $31,972 $ 8,403 $1,872 Corporate bonds 10,062 505 699 505 83,711 4,201 5,815 4,201 Other 37,814 161 — — 314,592 1,339 — — 2) Other 4,424 — — — 36,805 — — — Total ¥52,368 ¥4,509 ¥1,709 ¥730 $435,674 $37,512 $14,218 $6,073 Sales amount Total gain Total loss ¥431,864 million ¥51 million ¥31 million US$3,592,879 thousand US$424 thousand US$258 thousand  40 FUJI HEAVY INDUSTRIES LTD.