Statements of Accounts
FY2021
1 April 2021 - 31 March 2022

Radiation Effects Research Foundation

RADIATION EFFECTS RESEARCH FOUNDATIONBALANCE SHEET (ALL FUNDS)
AS OF 31 MARCH 2022
(Unit: Yen)

Category
I. ASSETS
1. Current Assets
Cash and Cash Equivalents
Subsidies Receivable
Accounts Receivable
Prepaid Expenses
Other
Total Current Assets
2. Non-Current Assets(1) Fundamental Properties
Buildings
Total Fundamental Properties(2) Other Non-Current Assets
VehiclesFurniture and Equipment
Leased Assets
Telephone Deposits
SoftwareSecurity Deposits
Total Other Non-Current Assets
Total Non-Current Assets
TOTAL ASSETS
II. LIABILITIES
1. Current Liabilities
Accounts Payable
Deposits Received
Subsidies/Contract Services to be Returned
Lease Payable
Accrued Seasonal Bonus
Total Current Liabilities
1. Non-Current Liabilities
Lease Payable
Reserve for Directors' Retirement Allowance
Reserve for Retirement Allowance
Total Non-Current Liabilities
TOTAL LIABILITIES
III. NET ASSETS
1. Restricted Net Assets
Subsidy
Donated Building
Total Restricted Net Assets(Appropriated Amount to Fundamental Properties)
2. Unrestricted Net Assets(Appropriated Amount to Fundamental Properties)
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS

Current Year

Prior Year

Changes

2,373,173,964
0
10,118,321
50,711,441
26,919,947
2,460,923,673

2,030,167,059
0
11,496,445
24,544,405
22,124,997
2,088,332,906

343,006,905
0(1,378,124)
26,167,036
4,794,950
372,590,767

630,834,852
630,834,852

692,784,856
692,784,856(61,950,004)(61,950,004)

1
666,346,621
22,835,359
1,872,000
55,597,051
2,094,000
748,745,032
1,379,579,884
3,840,503,557

1
736,689,058
0
1,908,000
53,505,349
2,094,000
794,196,408
1,486,981,264
3,575,314,170

0(70,342,437)
22,835,359(36,000)
2,091,702
0(45,451,376)(107,401,380)
265,189,387

115,785,996
14,328,488
31,105,683
4,868,327
150,220,897
316,309,391

308,975,727
11,815,484
17,216,913
0
153,945,572
491,953,696(193,189,731)
2,513,004
13,888,770
4,868,327(3,724,675)(175,644,305)

17,651,383
48,559,500
1,865,480,067
1,931,690,950
2,248,000,341

0000491,953,696

17,651,383
48,559,500
1,865,480,067
1,931,690,950
1,756,046,645

1,592,383,054
26
1,592,383,080
630,834,852
120,1360
1,592,503,216
3,840,503,557

3,023,260,313
56,745,054
3,080,005,367
692,784,856
3,355,107
03,083,360,474
3,575,314,170(1,430,877,259)(56,745,028)(1,487,622,287)(61,950,004)(3,234,971)
0(1,490,857,258)
265,189,387

RADIATION EFFECTS RESEARCH FOUNDATIONBREAKDOWN OF THE BALANCE SHEET (ALL FUNDS)
AS OF 31 MARCH 2022
(Unit: Yen)

Category
I. ASSETS
1. Current Assets
Cash and Cash Equivalents
Subsidies Receivable
Accounts Receivable
Prepaid Expenses
Other
Total Current Assets
2. Non-Current Assets(1) Fundamental Properties
Buildings
Total Fundamental Properties(2) Other Non-Current Assets
VehiclesFurniture and Equipment
Leased Assets
Telephone Deposits
SoftwareSecurity Deposits
Total Other Non-Current Assets
Total Non-Current Assets
TOTAL ASSETS
II. LIABILITIES
1. Current Liabilities
Accounts Payable
Deposits Received
Subsidies/Contract Services to be Returned
Lease Payable
Accrued Seasonal Bonus
Total Current Liabilities
1. Non-Current Liabilities
Lease Payable
Reserve for Directors' Retirement Allowance
Reserve for Retirement Allowance
Total Non-Current Liabilities
TOTAL LIABILITIES
III. NET ASSETS
1. Restricted Net Assets
Subsidy
Donated Building
Total Restricted Net Assets(Appropriated Amount to Fundamental Properties)
2. Unrestricted Net Assets(Appropriated Amount to Fundamental Properties)
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS

Public-Interest
Activity Accounting

Corporate
Accounting

Total

1,587,233,359
0
9,649,989
43,344,654
26,870,047
1,667,098,049

785,940,605
0468,332
7,366,787
49,900793,825,624

2,373,173,964
0
10,118,321
50,711,441
26,919,947
2,460,923,673

432,815,792
432,815,792

198,019,060
198,019,060

630,834,852
630,834,852

0538,952,174
22,835,359
468,000
53,868,282
1,830,000
617,953,815
1,050,769,607
2,717,867,656

1
127,394,447
0
1,404,000
1,728,769
264,000
130,791,217
328,810,277
1,122,635,901

1
666,346,621
22,835,359
1,872,000
55,597,051
2,094,000
748,745,032
1,379,579,884
3,840,503,557

93,618,292
11,173,355
25,404,692
4,868,327
117,483,334
252,548,000

22,167,704
3,155,133
5,700,991
0
32,737,563
63,761,391

115,785,996
14,328,488
31,105,683
4,868,327
150,220,897
316,309,391

17,651,383
32,805,200
1,453,851,476
1,504,308,059
1,756,856,059

0
15,754,300
411,628,591
427,382,891
491,144,282

17,651,383
48,559,500
1,865,480,067
1,931,690,950
2,248,000,341

960,891,443
18
960,891,461
432,815,792
120,1360
961,011,597
2,717,867,656

631,491,611
8
631,491,619
198,019,060
00631,491,619
1,122,635,901

1,592,383,054
26
1,592,383,080
630,834,852
120,1360
1,592,503,216
3,840,503,557

RADIATION EFFECTS RESEARCH FOUNDATIONSTATEMENT OF CHANGES OF NET ASSETS (ALL FUNDS)
1 APRIL 2021 - 31 MARCH 2022
(Unit: Yen)

Category
I. CHANGES IN UNRESTRICTED NET ASSETS
1. Recurring Changes(1) Recurring Revenues and Gains
Net Assets Released from Restrictions
U.S. and Japan Subsidy
Donated Building
Operating Income
Medical Examination Income
Contract Services
Charitable Donations Income
Charitable Donations Income
Miscellaneous Income
Interest Income
Other Miscellaneous Income
Exchange Rate Gain
Exchange Rate Gain
Transfer from Other Fund
Total Recurring Revenue and Gains(2) Recurring Expenses and Lossesi ) Direct Costs
Directors Salaries and Fees
Salaries and Wages
Directors' Retirement Allowance
Retirement Allowance
Accrued Expense for Seasonal Bonus
Fees and Gratuities
Travel, Domestic
Travel, Committee Members
Travel, Relocation
Travel, Overseas
Equipment Expensed
Supplies
PR and Publications
Communication and Freight
Utilities
Leases and Transportation
Meetings
Temporary Employee Salaries and Benefits
Insurance
Contract Services and Others
Land and Building Lease
Entrustment Fees
Depreciationii) Indirect Costs
Directors Salaries and Fees
Salaries and Wages
Directors' Retirement Allowance
Retirement Allowance
Accrued Expense for Seasonal Bonus
Fees and Gratuities
Travel, Domestic
Travel, Committee Members
Travel, Relocation
Travel, Overseas
Equipment Expensed
Supplies
PR and Publications
Communication and Freight
Utilities
Leases and Transportation
Meetings
Temporary Employee Salaries and Benefits
Insurance
Contract Services and Others
Employee WelfareLand and Building Lease
Facility Maintenance & Repair
Tax
Entrustment Fees
Depreciation
Exchange Rate Lossiii) Subsidies/Contract Services to be Returnediv) Transfer to Other Fund
Total Recurring Expenses and Losses
Recurring Changes

Current Year

Prior Year

Changes

4,907,170,074
4,902,692,030
4,478,044
36,844,207
5,508,987
31,335,220
100,000
100,000
1,310,232
12,273
1,297,959
0004,945,424,513

3,170,651,434
3,166,173,386
4,478,048
40,794,377
7,237,366
33,557,011
5,000
5,000
2,976,999
11,813
2,965,1860003,214,427,810

1,736,518,640
1,736,518,644(4)(3,950,170)(1,728,379)(2,221,791)
95,00095,000(1,666,767)
460(1,667,227)0001,730,996,703

3,798,958,664
30,774,846
1,220,884,559
32,805,200
1,501,913,268
117,483,334
43,990,978
1,471,530
0397,9800302,483
96,536,853
6,616,897
11,391,730
41,585,257
21,585,510
864
51,338,111
1,625,978119,377,656
42,790,104
266,990,635
189,094,891
1,122,840,745
18,053,947
335,359,235
15,754,300
478,674,524
32,737,563
6,389,000
371,160000014,217,231
2,964,511
9,027,027
18,909,117
2,872,996
16,6422,460,583
873,027
87,152,035
688,393
19,506,766
0
4,053,861
12,739,605
59,989,762
29,46028,557,886
0
4,950,357,295(4,932,782)

2,487,148,211
33,433,463
1,232,033,111
0
152,391,176
116,702,016
46,804,119
375,5000
1,196,063
0
290,528
124,665,111
8,040,797
14,848,704
40,142,370
22,056,140
31,495
51,114,957
32,957
119,225,011
41,269,582
266,398,665
216,096,446
703,124,794
19,001,666
335,015,149
0
94,190,017
32,476,449
7,258,800
405,1300005,280
9,216,169
2,477,753
6,733,220
17,861,489
3,091,677
0
3,319,295
2,537,278
72,711,851
729,961
18,663,377
0
6,495,800
37,444,420
33,352,565
137,448
27,085,746
0
3,217,358,751(2,930,941)

1,311,810,453(2,658,617)(11,148,552)
32,805,200
1,349,522,092
781,318(2,813,141)
1,096,030
0(798,083)
0
11,955(28,128,258)(1,423,900)(3,456,974)
1,442,887(470,630)(30,631)
223,154
1,593,021
152,645
1,520,522
591,970(27,001,555)
419,715,951(947,719)
344,086
15,754,300
384,484,507
261,114(869,800)(33,970)000(5,280)5,001,062
486,758
2,293,807
1,047,628(218,681)
16,642(858,712)(1,664,251)
14,440,184(41,568)
843,3890(2,441,939)(24,704,815)
26,637,197(107,988)
1,472,140
01,732,998,544(2,001,841)

RADIATION EFFECTS RESEARCH FOUNDATIONSTATEMENT OF CHANGES OF NET ASSETS (ALL FUNDS)
1 APRIL 2021 - 31 MARCH 2022
(Unit: Yen)

Category
2. Non-Recurring Changes(1) Non-Recurring Revenues and Gains
Donated Non-Current Assets
Profit from Prior Year Adjustment
Total Non-Recurring Revenues and Gains(2) Non-Recurring Expenses and Losses
Loss on Disposal of Non-Current Assets
Loss from Prior Year Adjustment
Total Non-Recurring Expenses and Losses
Non-Recurring Changes
Changes in Unrestricted Net Assets during Current Year
Unrestricted Net Assets at Beginning of Year
Cumulative effect of a change in accounting policies
Unrestricted Net Assets at End of Year
II. CHANGES IN RESTRICTED NET ASSETS
Subsidy Income
Japan Subsidy
U.S. Subsidy
Japan Subsidy (Work-Related Illness Study)
Japan Subsidy (Major Facility Renovation)
U.S. Subsidy (Major Facility Renovation)
Exchange Rate Gain
Net Assets Released from Restrictions
Changes in Restricted Net Assets during Current Year
Restricted Net Assets at Beginning of Year
Cumulative effect of a change in accounting policies
Restricted Net Assets at End of Year
III. CHANGES IN TOTAL NET ASSETSNet Assets at Beginning of YearNet Assets at End of Year
CHANGES IN TOTAL NET ASSETS

Current Year

Prior Year

Changes

1,930,475
12,0001,942,475

2,288,859
02,288,859(358,384)
12,000(346,384)

234,807
9,857
244,664
1,697,811(3,234,971)
3,355,107
0120,136

191,895
0191,895
2,096,964(833,977)
997,951,430(993,762,346)
3,355,107

42,912
9,857
52,769(399,153)(2,400,994)(994,596,323)
993,762,346(3,234,971)

3,419,547,787
1,806,681,000
1,596,903,787
15,963,000
000(4,907,170,074)(1,487,622,287)
3,080,005,367
0
1,592,383,080

3,448,438,802
1,836,976,000
1,469,560,705
22,692,597
39,807,000
79,402,500
0(3,170,651,434)
277,787,368
1,808,455,653
993,762,346
3,080,005,367(28,891,015)(30,295,000)
127,343,082(6,729,597)(39,807,000)(79,402,500)
0(1,736,518,640)(1,765,409,655)
1,271,549,714(993,762,346)(1,487,622,287)

3,083,360,474
1,592,503,216(1,490,857,258)

2,806,407,083
3,083,360,474
276,953,391

276,953,391(1,490,857,258)(1,767,810,649)

RADIATION EFFECTS RESEARCH FOUNDATIONBERAKDOWN OF THE STATEMENT OF CHANGES IN NET ASSETS (ALL FUNDS)
1 APRIL 2021 - 31 MARCH 2022
(Unit: Yen)

Category
I. CHANGES IN UNRESTRICTED NET ASSETS
1. Recurring Changes(1) Recurring Revenues and Gains
Net Assets Released from Restrictions
U.S. and Japan Subsidy
Donated Building
Operating Income
Medical Examination Income
Contract Services
Charitable Donations Income
Charitable Donations Income
Miscellaneous Income
Interest Income
Other Miscellaneous Income
Exchange Rate Gain
Exchange Rate Gain
Transfer from Other Fund
Total Recurring Revenue and Gains(2) Recurring Expenses and Lossesi ) Direct Costs
Directors Salaries and Fees
Salaries and Wages
Directors' Retirement Allowance
Retirement Allowance
Accrued Expense for Seasonal Bonus
Fees and Gratuities
Travel, Domestic
Travel, Committee Members
Travel, Relocation
Travel, Overseas
Equipment Expensed
Supplies
PR and Publications
Communication and Freight
Utilities
Leases and Transportation
Meetings
Temporary Employee Salaries and Benefits
Insurance
Contract Services and Others
Land and Building Lease
Entrustment Fees
Depreciationii) Indirect Costs
Directors Salaries and Fees
Salaries and Wages
Directors' Retirement Allowance
Retirement Allowance
Accrued Expense for Seasonal Bonus
Fees and Gratuities
Travel, Domestic
Travel, Committee Members
Travel, Relocation
Travel, Overseas
Equipment Expensed
Supplies
PR and Publications
Communication and Freight
Utilities
Leases and Transportation
Meetings
Temporary Employee Salaries and Benefits
Insurance
Contract Services and Others
Employee WelfareLand and Building Lease
Facility Maintenance & Repair
Tax
Entrustment Fees
Depreciation
Exchange Rate Lossiii) Subsidies/Contract Services to be Returnediv) Transfer to Other Fund
Total Recurring Expenses and Losses
Recurring Changes

Public-Interest
Activity Accounting

Corporate
Accounting

Total

3,785,759,226
3,782,686,840
3,072,386
34,290,431
5,508,987
28,781,444
100,000
100,000
1,009,666
9,458
1,000,2080003,821,159,323

1,121,410,848
1,120,005,190
1,405,658
2,553,776
02,553,776
00300,566
2,815
297,7510001,124,265,190

4,907,170,074
4,902,692,030
4,478,044
36,844,207
5,508,987
31,335,220
100,000
100,000
1,310,232
12,273
1,297,959
0004,945,424,513

3,798,958,664
30,774,846
1,220,884,559
32,805,200
1,501,913,268
117,483,334
43,990,978
1,471,530
0397,9800302,483
96,536,853
6,616,897
11,391,730
41,585,257
21,585,510
864
51,338,111
1,625,978119,377,656
42,790,104
266,990,635
189,094,891
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,849,430
03,821,808,094(648,771)

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,122,840,745
18,053,947
335,359,235
15,754,300
478,674,524
32,737,563
6,389,000
371,160000014,217,231
2,964,511
9,027,027
18,909,117
2,872,996
16,6422,460,583
873,027
87,152,035
688,393
19,506,766
0
4,053,861
12,739,605
59,989,762
29,4605,708,456
01,128,549,201(4,284,011)

3,798,958,664
30,774,846
1,220,884,559
32,805,200
1,501,913,268
117,483,334
43,990,978
1,471,530
0397,9800302,483
96,536,853
6,616,897
11,391,730
41,585,257
21,585,510
864
51,338,111
1,625,978119,377,656
42,790,104
266,990,635
189,094,891
1,122,840,745
18,053,947
335,359,235
15,754,300
478,674,524
32,737,563
6,389,000
371,160000014,217,231
2,964,511
9,027,027
18,909,117
2,872,996
16,6422,460,583
873,027
87,152,035
688,393
19,506,766
0
4,053,861
12,739,605
59,989,762
29,46028,557,886
0
4,950,357,295(4,932,782)

RADIATION EFFECTS RESEARCH FOUNDATIONBERAKDOWN OF THE STATEMENT OF CHANGES IN NET ASSETS (ALL FUNDS)
1 APRIL 2021 - 31 MARCH 2022
(Unit: Yen)

Category
2. Non-Recurring Changes(1) Non-Recurring Revenues and Gains
Donated Non-Current Assets
Profit from Prior Year Adjustment
Total Non-Recurring Revenues and Gains(2) Non-Recurring Expenses and Losses
Loss on Disposal of Non-Current Assets
Loss from Prior Year Adjustment
Total Non-Recurring Expenses and Losses
Non-Recurring Changes
Changes in Unrestricted Net Assets during Current Year
Unrestricted Net Assets at Beginning of Year
Cumulative effect of a change in accounting policies
Unrestricted Net Assets at End of Year
II. CHANGES IN RESTRICTED NET ASSETS
Subsidy Income
Japan Subsidy
U.S. Subsidy
Japan Subsidy (Work-Related Illness Study)
Japan Subsidy (Major Facility Renovation)
U.S. Subsidy (Major Facility Renovation)
Exchange Rate Gain
Net Assets Released from Restrictions
Changes in Restricted Net Assets during Current Year
Restricted Net Assets at Beginning of Year
Cumulative effect of a change in accounting policies
Restricted Net Assets at End of Year
III. CHANGES IN TOTAL NET ASSETSNet Assets at Beginning of YearNet Assets at End of Year
CHANGES IN TOTAL NET ASSETS

Public-Interest
Activity Accounting

Corporate
Accounting

Total

1,930,475
9,247
1,939,722

0
2,753
2,753

1,930,475
12,0001,942,475

196,137
7,596
203,733
1,735,989
1,087,218(967,082)0
120,136

38,6702,261
40,931(38,178)(4,322,189)
4,322,189
00234,807
9,857
244,664
1,697,811(3,234,971)
3,355,107
0120,136

2,638,765,437
1,392,228,379
1,230,574,058
15,963,000
000(3,785,759,226)(1,146,993,789)
2,107,885,250
0960,891,461

780,782,350
414,452,621
366,329,729
0000(1,121,410,848)(340,628,498)
972,120,117
0631,491,619

3,419,547,787
1,806,681,000
1,596,903,787
15,963,000
000(4,907,170,074)(1,487,622,287)
3,080,005,367
0
1,592,383,080

2,106,918,168
961,011,597(1,145,906,571)

976,442,306
631,491,619(344,950,687)

3,083,360,474
1,592,503,216(1,490,857,258)

RADIATION EFFECTS RESEARCH FOUNDATIONNOTES ON FINANCEAL REPORTS

1. Important accounting policies(1) Valuation standards and methods for inventory assets ("Other" of Current Assets)
By the lower of cost or market value method based on first-in first-out system(2) Method for depreciation of non-current assets
Non-current assets are depreciated by the straight-line method.
(3) Reporting standards for reservesi) Accrued seasonal bonus
Summer bonus amounts accrued for directors and employees during the current term are reported.
ii) Reserve for retirement allowance
An amount equivalent to that required to pay term-end retirement allowances for voluntary retirements based on the regulations has been recorded.
ii) Reserve for directors' retirement allowance
An amount equivalent to that required for the term’s end based on the regulations has been recorded.
(4) Accounting procedures for consumption taxes
Consumption taxes are calculated based on the tax-inclusive method.
2. Changes in accounting policy
With regard to the retirement allowance reserves for the directors and employees, the retirement allowance beyond one year is not provided by the
U.S. and Japanese governments’ annual subsidies, which cover nearly all of the expenses of RERF. For this reason, the reserves for retirement
allowance had not been recorded through the previous fiscal year (FY); however, the reserves since the present FY have been recorded as in theabove 1 (3). This amendment impacted the changes in restricted net assets for the present term by 1,914,039,567 yen.
3. Restatement of a past error
Until the end of FY2013, RERF recorded as subsidy income the received U.S. and Japan subsidies and the sum equivalent to depreciation for
donated buildings under the recurring revenues and gains, and included the exchange gain/loss of the U.S. subsidy under the recurring changes.
However, since FY2014, RERF has followed note 13 in the “notes to the accounting standards for public nonprofit organizations” and recorded thesubsidies received, including the exchange gain/loss, under the changes in restricted net assets. This records the sum included in the direct andindirect costs under the recurring changes as the net assets released from restrictions.
When the above amendment was made, the balance of unrestricted net assets for the U.S. and Japan subsidies through FY2013 should also havebeen changed to restricted net assets; however, the balance was still stated as unrestricted net assets. A restatement was made in the financial
statements of the previous fiscal year to correct this error.
As a result, the balance sheet as of the previous FY, compared to that before the restatement, had an increase of 993,762,346 yen in the restricted
net assets and a decrease of the same amount in the unrestricted net assets.
4. Changes in and balance of the monetary value of fundamental properties and reserves
Changes in and balance of the monetary value of fundamental properties and reserves are as follows:(Unit: Yen)

Item
Fundamental Properties
Buildings
Total

Closing Balance ofPrevious Term

Increase during
Current Term

Decrease during
Current Term

Closing Balance ofCurrent Term

692,784,856
692,784,856

3,741,980
3,741,980

65,691,984
65,691,984

630,834,852
630,834,852

5. Financial sources of fundamental properties and reserves
Financial sources of fundamental properties and reserves are as follows:(Unit: Yen)

Item
Fundamental Properties
Buildings
Total

Closing Balanceof Current Term

630,834,852
630,834,852

AppropriatedAmount from
Restricted
Net Assets

630,834,852
630,834,852

AppropriatedAmount from
Unrestricted
Net Assets

Amount of
Liabilities

0
0

0
0

RADIATION EFFECTS RESEARCH FOUNDATIONNOTES OF FINANCIAL REPORTS

6. Acquisition costs of non-current assets, accumulated depreciation, and closing balance of current term
Acquisition costs of non-current assets, accumulated depreciation, and closing balance of current term are as follows:(Unit: Yen)

Item

Acquisition Cost

Accumulated
Depreciation

Closing Balanceof Current Term

Total

1,396,918,951
688,040
3,565,889,543
25,300,000
1,872,000
259,261,053
2,094,000
5,252,023,587

766,084,099
688,0392,899,542,922
2,464,641
0203,664,002
0
3,872,443,703

630,834,852
1
666,346,621
22,835,359
1,872,000
55,597,051
2,094,000
1,379,579,884

Buildings
VehiclesFurniture and Equipment
Leased Assets
Telephone Deposits
SoftwareSecurity Deposits

7. Summary of changes in government subsidy amounts over current term
Summary of changes in government subsidy amounts over current term is as follows:(Unit: Yen)

Name of Subsidy

ProvidersJapane government subsidy

Ministry of Health,Labour and Welfare

U.S. government subsidy

Department of Energy

Japan governmeny subsidy(Major Facility Renovation)
U.S. governmeny subsidy(Major Facility Renovation)
Total

Ministry of Health,Labour and Welfare
Ministry of Health,Labour and Welfare

Closing Balance
Increase during Decrease during Closing Balance Classification onof the Previous
Current Term
Current Term of Current Term Balance SheetTerm
01,806,681,000

1,806,681,000

0

Net Assets

3,000,602,867

1,596,903,787

3,084,526,074

1,512,980,580

Net Assets

0

0

0

0

Net Assets

79,402,500

0079,402,500

Net Assets

3,080,005,367

3,403,584,787

4,891,207,074

1,592,383,080

8. Summary of amount of transfer from restricted net assets to unrestricted net assets
Summary of amount of transfer from restricted net assets to unrestricted net assets is as follows:(Unit: Yen)
Description
Amount of Transfer by Depreciation
Transferred amount based on recording
in direct and indirect costs
Total

Amount4,478,044
4,902,692,030
4,907,170,074

RADIATION EFFECTS RESEARCH FOUNDATIONNOTES ON FINANCIAL REPORTS

9. External Grants
Summary of FY2021 external grants is as follows:(Unit: Yen)

Numberof Grants

AmountReceived

Expenditure

AmountCarried OverJapan society for the promotion of science - Grant-in-Aid for Scientific Research (B)21,001,942

1,001,942

0Japan society for the promotion of science - Grant-in-Aid for Scientific Research (C)21,524,133

1,107,353

416,780

Japan society for the promotion of science - Early-Career Scientists

2

1,757,477

450,277

1,307,200

Japan society for the promotion of science - Challenging Exploratory Research

11,000,271

1,000,271

0

MHLW - Comprehensive research project against circulatory disease, diabetes, and otherlifestyle-related diseases

1

720,217720,2170

MHLW - Comprehensive anti-cancer research

1

600,179

600,1790Tsuchiya Memorial Medical Foundation1

1,000,000

502,890

497,11010

7,604,219

5,383,129

2,221,090

Item

Total

The above summary is for information purposes. External grants received from Japanese government agencies are issued to individual employeesof an organization and not to the organization itself. As such, under present government guidelines, RERF does not recognize the income andexpenses from these grants as part of its official statements of accounts.
However, it should be noted that certain external grants allow an indirect cost percentage. This funding from those grants is transferred to RERF asincome and is included as operating income in the Statement of Changes in Net Assets of RERF’s financial statements.
* "Amount Received" includes the balance carried over from the previous fiscal year and interest income.

RADIATION EFFECTS RESEARCH FOUNDATIONADDENDED STATEMENT

1. Breakdown of fundamental assets and specific assets(Unit: Yen)

Classification

Book value atbeginning of term

Item

Increase forcurrent term

Decrease forcurrent termBook value
at end of term

Fundamental Assets
Buildings
Total

692,784,856
692,784,856

3,741,980
3,741,980

65,691,984
65,691,984

630,834,852
630,834,852* Increase for current term includes: installation of a wheelchair accessible restroom of the unit H. These capital expenditures are recognized as
Restricted Net Assets.
2. Breakdown of tangible and intangible non-current assets(Unit: Yen)

Classification
Tangible Non-Current
AssetsIntangible Non-Current
AssetsBook value atbeginning of term

Item

VehiclesFurniture and Equipment
Leased Assets
Sub-total
Telephone Deposits
SoftwareSecurity Deposits
Sub-total
Total

Increase forcurrent term

Decrease forcurrent termBook value
at end of term

1
736,689,058
0736,689,059

0
93,080,054
25,300,000
118,380,054

0163,422,491
2,464,641
165,887,132

1
666,346,621
22,835,359
689,181,981

1,908,000
53,505,349
2,094,000
57,507,349
794,196,408

0
19,796,046
0
19,796,046
138,176,100

36,00017,704,344
0
17,740,344
183,627,476

1,872,000
55,597,051
2,094,000
59,563,051
748,745,032

3. Details of accrued expenses(Unit: Yen)

Item

Accrued Seasonal Bonus
Reserve for Directors'
Retirement Allowance
Reserve for Retirement
Allowance
Total

Balanceat beginning of term

Increasefor current term

Decrease for current term
Used as Intended

Balanceat end of term

Other

153,945,572

150,220,897

153,945,572

0

150,220,897

048,559,500

0048,559,500

01,865,480,067

00

1,865,480,067

153,945,572

2,064,260,464

153,945,572

0

2,064,260,464

RADIATION EFFECTS RESEARCH FOUNDATION
LIST OF PROPERTYAS OF 31 MARCH 2022
Item in the balance sheet

Location, amount of material

Purpose of use, etc.

(Unit: Yen)
Amount(Current Assets)
Cash

On hand

Working capital

Checking Accounts

MUFG Bank

Same as above

Savings Accounts

Hiroshima Bank

Same as above

MUFG Bank

Same as above

Nishi-Nippon City Bank

Same as above

Juhachi Shinwa Bank

Same as above

Subsidies Receivable

U.S. government subsidy

Unreceived funding

Accounts Receivable

Medical examination fees (Hiroshima）

Accounts receivable for February and March

Medical examination fees (Nagasaki）

Same as above

Rental home utilities

Advance payment of utilities for January - March

Other accounts receivable

Accounts receivable ( Including contract services
income of special funds)

Unemployment insurance

Overpayment of amount due for this fiscal year
allocated to next fiscal year

Workers' compensation insuranceSame as above

Rental home rent

Amount due for April, next fiscal year

Prepaid Expenses

Other prepaid expenses

Amount for next fiscal year

Other

Reagents, Laboratory supplies,

Unused amount at final inventory

Buildings

Hiroshima Laboratory
7,847㎡ (5-2 Hijiyama Park, Hiroshima)

Property for public interest activities (68.61%) andadministrative activities (31.39%)

Nagasaki Laboratory
2,643㎡ (1-8-6 Nakagawa, Nagasaki)Same as above

Total Current Assets

500,000
364,941,377
66,191,495
1,921,627,991
10,888,480
9,024,621
0418,550
108,080
376,642
9,215,049
29,2596,837
768,000
49,907,345
26,919,947
2,460,923,673(Non-Current Assets)
Fundamental
Properties

Hijiyama Hall
1,386㎡ (5-1 Hijiyama Park, Hiroshima）
Other Non-Current

Total Assets

177,519,890
1
263,361,574

VehiclesHiroshima Laboratory 1 vehicle

Property for administrative activities

Hiroshima Laboratory 4,780 items

Property for public interest activities (80.88%) andadministrative activities (19.12%)

Nagasaki Laboratory 1,249 items

Same as above

Leased Assets

Hiroshima Laboratory 1 item

Property for public interest activities

Telephone Deposits

Hiroshima Laboratory 34 circuits

Property for public interest activities (25.00%) andadministrative activities (75.00%)

Nagasaki Laboratory 18 circuits

Same as above

Software

Hiroshima Laboratory 274 items

Property for public interest activities (96.89%) andadministrative activities (3.11%)

Nagasaki Laboratory 18 items

Same as above

Hiroshima Laboratory 5 deposits

Property for public interest activities (87.39%) andadministrative activities (12.61%)

Total Non-Current Assets

13,500,001

Property for administrative activities

Furniture andEquipment

Security Deposits

439,814,961

402,985,047
22,835,359
1,224,000
648,000
50,056,631
5,540,420
2,094,000
1,379,579,884
3,840,503,557

RADIATION EFFECTS RESEARCH FOUNDATION
LIST OF PROPERTYAS OF 31 MARCH 2022
Item in the balance sheet

Location, amount of material

Purpose of use, etc.

(Unit: Yen)
Amount(Current Liabilities)
Accounts Payable

Base Pay

Payable portion for March

Employee allowance

Same as above

Legal welfare premiums

Same as above

Overtime allowances

Same as above

Fees and gratuities

Same as above

Equipment

Payable portion for acquisition of equipment

Supplies

Payable portion for acquisition of supplies

Printing and Book Binding

Payable portion for printing and book binding

Communication and freight

Payable portion for communication and freight

Utilities

Payable portion for utilities

Leases and Transportation

Payable portion for leases and transportation

Temporary Employee Salaries and Benefits

Payable portion for temporary employee salaries
and benefits

Contract services and others

Payable portion for contract services and others

Employee Welfare

Payable portion for employee welfare

Tax

Unpaid portion for consumption tax

20,436
2,492
13,838,777
1,841,518
7,255,469
63,852
5,180,900
544,887
1,213,081
694,989
1,929,197
356,436
34,890,888
27,7202,920,100
8,436,084
36,177,860
391,310

Entrustment fees

Payable portion for entrustment fees

Other Non-Current Assets

Payable portion for other non-current assets

OthersPayable travel expenses to committee members and
RERF staff

Deposits Received

Withheld payroll taxes payable

Amount deposited for March portion of withholding
taxes for directors/staff

14,328,488

Subsidies/Contract
Service to be Returned

Ministry of Health, Labour and Welfare

Portion returned as surplus of subsidy

31,105,683

Lease Payable

NTT TC Leasing Co.

Liability for acquisition of equipment allocated to
public interest activities

4,868,327

Accrued Seasonal
Bonus

December 2021 - March 2022

Accrued portion of staff seasonal bonuses to be paidin June 2022

150,220,897
316,309,391

Total Current Liabilities(Non-Current Liabilities)

Lease Payable

NTT TC Leasing Co.

Reserve for Directors'
Retirement Allowance

For the directors

Reserve for Retirement For the employees
Allowance
Total Non-Current Liabilities
Total Liabilities
Net Assets

Liability for acquisition of equipment
allocated to public interest activities
Reserve for retirement allowance payment to
3 Directors
Reserve for retirement allowance payment to
140 staff members

17,651,383
48,559,500
1,865,480,067
1,931,690,950
2,248,000,341
1,592,503,216