Casio 2015 Annual Report Download - page 40

Financial Section
Management
Foundation Corporate Data
Annual Report 2015 CONTENTS / 4239
Prole To Our Stakeholders Casio's Strength Special Features Financial Highlights
(6) Information on amortization of goodwill and unamortized balance in each reportable segment
Millions of Yen
For 2015 Consumer System Equipment Others
Elimination or
unallocated
amount Total
Goodwill
Balance at the end of the reporting year .. ¥— ¥ 56 ¥— ¥— ¥56
Thousands of U.S. Dollars (Note 1)
For 2015 Consumer System Equipment Others
Elimination or
unallocated
amount Total
Goodwill
Balance at the end of the reporting year .. $— $467 $— $— $467
Millions of Yen
For 2014 Consumer System Equipment Others
Elimination or
unallocated
amount Total
Goodwill
Balance at the end of the reporting year .. ¥— ¥12 ¥— ¥— ¥12
(Note): Disclosure of the amount of goodwill amortization has been omitted as it is disclosed in the segment information above.
14. Contingent Liabilities
At March 31, 2015 and 2014, the Group was contingently liable for trade notes and export drafts discounted
with banks in the amount of ¥1,926 million ($16,050 thousand) and ¥2,062 million, respectively.
15. Impairment Loss
For 2015
The Group posts impairment loss.
Use Type of assets Location
Business assets Tools, furniture and fixtures, leased
assets, etc.
Iruma City, Saitama Pref. and others
Idle assets Land, buildings and structures Kawaguchi City, Saitama Pref.
Ome City, Tokyo, and others
With respect to business assets, the Group carries out asset grouping principally according to its
management accounting categories, which are employed to enable continuous monitoring of the Group’s
earnings situation, and idle assets are managed on an individual basis.
The Group has applied impairment accounting to business assets whose values are deemed to have
significantly declined due to deteriorating business environment and idle assets to make optimal use of these
assets in the future. Book value of these assets has been reduced to recoverable amounts and the reduced
amount of ¥2,322 million ($19,350 thousand) is recognized as “impairment loss.”
The breakdown of the losses is: ¥424 million ($3,533 thousand) for buildings and structures, ¥313 million
($2,608 thousand) for tools, furniture and fixtures, ¥450 million ($3,750 thousand) for land, ¥949 million
($7,909 thousand) for leased assets and ¥186 million ($1,550 thousand) for others.
Recoverable amount is measured using reasonable estimates of net selling price that involve information
including real estate appraisal value for land, buildings and structures, and estimated disposal value for all
other assets.
For 2014
The Group posts impairment loss.
Use Type of assets Location
Business assets Tools, furniture and fixtures, software,
leased assets, etc.
Hachioji City, Tokyo, and others
Idle assets Land and buildings Minami Alps City, Yamanashi Pref.
and others
With respect to business assets, the Group carries out asset grouping principally according to its
management accounting categories, which are employed to enable continuous monitoring of the Group’s
earnings situation, and idle assets are managed on an individual basis.
The Group has applied impairment accounting to business assets whose values are deemed to have
significantly declined due to deteriorating business environment and idle assets to make optimal use of these
assets in the future. Book value of these assets has been reduced to recoverable amounts and the reduced
amount of ¥448 million is recognized as ”impairment loss.”
The breakdown of the losses is: ¥104 million for tools, furniture and fixtures, ¥33 million for land, ¥102
million for leased assets, ¥185 million for software and, ¥24 million for others.
Recoverable amounts are estimated using net selling prices which are reasonably estimated. Recoverable
amounts for land are calculated based on roadside land prices, etc., and those for assets other than land are
based on estimated disposal values.
16. Subsequent Events
Appropriation of retained earnings
At the annual shareholders’ meeting held on June 26, 2015, the Company’s shareholders approved the
payment of a cash dividend of ¥ 22.50 ($0.19) per share aggregating ¥5,880 million ($49,000 thousand) to
registered shareholders as of March 31, 2015.
Notes to Consolidated Financial Statements