Square Enix 2004 Annual Report Download - page 49

Download and view the complete annual report

Please find page 49 of the 2004 Square Enix annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 70

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70

SQUARE ENIX 2004 47
Number of latent shares with no dilution excluded from the calculation of diluted net income per share:
2nd series and 1st series of new shares with warrants (number of new shares with acquisition rights: 3,000,000)
Fiscal year under review (April 1, 2003 to March 31, 2004)
The Company
Net income per share
Net income ¥10,993 million
Net income unavailable to common shareholders
Net income available to common shareholders ¥10,993 million
Average number of shares of common stock
outstanding during the fiscal year (thousands of shares) 109,884
Adjustments to net income used to calculate diluted net income per share
Adjustments to net income
Increase in the number of common shares (thousands of shares) 316
(of which new shares with acquisition rights) (316)
Number of latent shares with no dilution excluded from the calculation of diluted net income per share:
The issue of stock options was approved at the Company’s annual general meeting of shareholders held on June 18, 2002 and June 23, 2003.
Subsequent Events
Previous fiscal year (April 1, 2002 to March 31, 2003)
ENIX
Merger with SQUARE.
A merger agreement between ENIX and SQUARE, and amendments thereto, was approved at each company’s extraordinary shareholders’ meeting held
on February 13, 2003. The merger between the two companies was completed on April 1, 2003, and a new company, SQUARE ENIX was formed.
Principal items relating to the merger is provided as follows:
(1) On April 1, 2003, ENIX issued 51,167,293 shares, which were allocated to SQUARE shareholders of record (including beneficiary shareholders) as of
March 31, 2003 at a ratio of 0.85 to 1.
(2) In line with the merger, ENIX reported increases in the balance of capital surplus reserve retained earnings, unrealized gain on evaluation of securities,
and treasury stock of ¥26,792 million, ¥10,004 million, ¥223 million, and ¥8 million, respectively. As a result, the balance of capital surplus, profit
reserve, other reserves, unrealized gain on revaluation of securities, and treasury stock, stood at ¥36,175 million, ¥885 million, ¥42,222 million, 246
million, and ¥(92) million, respectively.
(3) ENIX will pay an amount due to the merger of ¥69 per share, in lieu of a dividend for the period April 1, 2002 to March 31, 2003, to shareholders of
record and registered pledges as of March 31, 2003 of SQUARE without delay after its annual general meeting of shareholders.
(4) Details of assets and liabilities inherited from SQUARE as a result of the merger are as follows: