The outstanding derivatives as of December 31, 2008 were as follows: Millions of Yen 2008 Notional principal amount Market value Valuation Total Over 1 year gain/(loss) Nonmarket transactions Forward exchange contracts Sell U.S. dollar................. \271 . \272 \(1) \271 . \272 \(1) 16. Treasury Stock Number of shares of treasury stock for the years ended December 31, 2009 and 2008 was as follows: Thousands of share Year ended December 31, 2009 December 31, 2008 Increase during the year Decrease during the year December 31, 2009 Treasury stock: Common stock................. 3,419 8,216 33 11,603 Total............................................... 3,419 8,216 33 11,603 Thousands of share Year ended December 31, 2008 December 31, 2007 Increase during the year Decrease during the year December 31, 2008 Treasury stock: Common stock................. 2,935 683 198 3,419 Total............................................... 2,935 683 198 3,419 17. Cash Dividends Dividends paid in the years ended December 31, 2009 and 2008 were as follows: Year ended December 31, 2009 Millions of yen Thousands of U.S. dollars Resolution Type of shares Gross amount Gross amount March 27, 2009 96th Annual Shareholders’ Meeting Common stock \1,042 $11,316 August 6, 2009 Board of Directors Common stock \ 765 $ 8,308 Year ended December 31, 2009 Yen U.S. dollars Resolution Per share Per share Record date Effective date March 27, 2009 96th Annual Shareholders’ Meeting \4.00 $0.043 December 31, 2008 March 30, 2009 August 6, 2009 Board of Directors \3.00 $0.032 June 30, 2009 September 4, 2009 Year ended December 31, 2008 Millions of yen Resolution Type of shares Gross amount March 28, 2008 95th Annual Shareholders’ Meeting Common stock \1,044 August 7, 2008 Board of Directors Common stock \1,043 Year ended December 31, 2008 Yen Resolution Per share Record date Effective date March 28, 2008 95th Annual shareholders’ Meeting \4.00 December 31, 2007 March 31, 2008 August 7, 2008 Board of Directors \4.00 June 30, 2008 September 5, 2008 Dividends whose record date was in the year ended December 31, 2009 but whose effective date was in the year ending December 31, 2010 were as follows: Year ended December 31, 2009 Millions of yen Thousands of U.S. dollars Resolution Type of shares Gross amount Gross amount Source March 30, 2010 97th Annual Shareholders’ Meeting Common stock \757 $8,221 Retained earnings Year ended December 31, 2009 Yen U.S. dollars Resolution Per share Per share Record date Effective date March 30, 2010 97th Annual Shareholders’ Meeting \3.00 $0.032 December 31, 2009 March 31, 2010 Dividends whose record date was in the year ended December 31, 2008 but whose effective date was in the year ending December 31, 2009 were as follows: Year ended December 31, 2008 Millions of yen Resolution Type of shares Gross amount Source March 27, 2009 96th Annual Shareholders’ Meeting Common stock \1,042 Retained earnings Year ended December 31, 2008 Yen Resolution Per share Record date Effective date March 27, 2009 96th Annual Shareholders’ Meeting \4.00 December 31, 2008 March 30, 2009 18. Contingencies and Commitment Line Contingencies At December 31, 2009 and 2008, the Company and its consolidated subsidiaries had the following contingent liabilities: Millions of yen Thousands of U.S. dollars 2009 2008 2009 Guarantees of indebtedness................. \251 \296 $2,733 \251 \296 $2,733 Toagosei Co., Ltd. 35