Millions of yen Thousands of U.S. dollars (Note 6) 2012 2011 2012 Liabilities and net assets Current liabilities: Notes and accounts payable (Note 19) .............................................................................................................. \ 14,878 \ 14,983 $ 171,849 Short-term bank loans (Notes 18 and 22) ......................................................................................................... 2,340 2,390 27,032 Current portion of long-term debt (Notes 19 and 22) .............................................................................. 3,893 884 44,971 Accrued income taxes ................................................................................................................................................. 4,064 1,736 46,944 Other current liabilities ................................................................................................................................................ 8,612 9,184 99,468 Total current liabilities ......................................................................................................................................................... 33,789 29,179 390,267 Long-term liabilities: Long-term debt (Notes 19 and 22) ....................................................................................................................... 6,145 9,440 70,981 Deferred tax liabilities (Note 24) .............................................................................................................................. 164 52 1,900 Accrued retirement benefits for employees (Note 23) ............................................................................ 454 534 5,252 Accrued retirement benefits for directors ........................................................................................................ 29 32 340 Other long-term liabilities .......................................................................................................................................... 4,627 4,030 53,444 Total long-term liabilities ................................................................................................................................................... 11,421 14,090 131,920 Commitments and contingencies (Note 24) Net assets: Shareholders’ equity (Notes 26, 29, 30 and 33): Common stock, without par value: Authorized . 550,000,000 shares Issued: 2012 . 263,992,598 shares ........................................................................................................................... 20,886 . 241,238 2011 . 263,992,598 shares ........................................................................................................................... . 20,886 . Capital surplus ........................................................................................................................................................... 16,796 16,797 194,004 Retained earnings .................................................................................................................................................... 93,821 86,758 1,083,634 Treasury stock ............................................................................................................................................................. (120) (103) (1,390) Total shareholders’ equity .......................................................................................................................................... 131,384 124,338 1,517,487 Accumulated other comprehensive income: Unrealized holding gain on available-for-sale securities.................................................................. 1,412 1,166 16,309 Translation adjustments ...................................................................................................................................... (722) (1,678) (8,340) Total accumulated other comprehensive income ..................................................................................... 689 (511) 7,969 Minority interests ............................................................................................................................................................. 4,166 3,950 48,127 Total net assets ........................................................................................................................................................................ 136,240 127,776 1,573,583 Total liabilities and net assets ...................................................................................................................................... \181,451 \171,046 $2,095,771 Toagosei Co., Ltd. 33