Square Enix 2010 Annual Report Download - page 42

Millions of yen
Impairment
Location Usage Category amount
Kawasaki-shi, Idle assets Land ¥ 43
Kanagawa
Kita-Karuizawa, Assets planned Land and 9
Nagano for disposal buildings
Tokushima-shi, Assets planned Land 119
Tokushima for disposal
Shibuya-ku, Tokyo, Idle assets Telephone 9
and others subscription rights
Shibuya-ku, Tokyo, Assets planned Amusement 74
and others for disposal equipment
Total ¥255
In the fiscal year ended March 31, 2010, due to the inclusion
of Eidos Ltd. and its consolidated subsidiaries within the Company’s
scope of consolidation, the Group revised its method of grouping
assets. In the Amusement business segment, each business loca-
tion is classified as one asset-grouping unit. In other business
segments, classification of asset groups is carried out based on the
relationships between businesses. Idle assets that are not used for
operational purposes and assets planned for disposal are classified
individually, separately from those mentioned above.
With regard to idle assets presented in the table above, market
value had fallen substantially below book value and the future use
of these assets was deemed uncertain. For these reasons, the book
value of these idle assets has been written down to the applicable
market value. With regard to assets planned for disposal, their
recoverable value was recognized as falling below book value.
Consequently, their book value has been written down to the appli-
cable recoverable value.
In principle, the recoverable amounts for these assets are
determined based on their fair value calculated using market prices.
*8 Accelerated amortization of goodwill
Accelerated amortization of goodwill is the amount of goodwill
amortized in this fiscal year ended March 31, 2010 relating
to TAITO CORPORATION. A change in business circumstances
caused a revision in the estimate of the goodwill’s useful life
and recoverable value.
Notes to Consolidated Financial Statements (JPNGAAP)
*9 Loss associated with business restructuring
This item principally comprises business restructuring losses
relating to an overhaul of the Group’s game development and
sales structures in Europe and the United States due to the
acquisition of the Eidos Group.
*10 Income taxes for prior periods
With regard to transactions between the Company and its sub-
sidiaries in the United States and the United Kingdom, although
the Company had been preparing to file mutual agreement
based on the bilateral advance pricing agreement (BAPA) system
relating to transfer pricing taxation, during this fiscal year, a
mutual agreement became effective between the governments
of Japan and the United States. Japan and the United Kingdom
plan to reach a mutual agreement in the near future. The
amount presented as income taxes for prior periods is the net
amount after offsetting taxes paid and estimated taxes payable
against tax refunds under the aforementioned mutual
agreements.
Items Pertaining to the Consolidated Statements of
Changes in Net Assets
■ Year ended March 31, 2009
1. Type and number of shares issued and outstanding, and type
and number of shares of treasury stock
Thousands of shares
Shares as Share Share Shares as
of March 31, increases decreases of March 31,
2008 during the year during the year 2009
Shares issued and
outstanding
Common stock*1 115,117 188 — 115,305
Total 115,117 188 — 115,305
Treasury stock*2
Common stock 291 4 0 295
Total 291 4 0 295
*1 The increase of 188 thousand shares of common stock issued and outstanding
was due to the exercise of stock options.
*2 The increase of 4 thousand shares of treasury stock was due to the acquisition
of fractional shares constituting less than one trading unit.
The decrease of 0 thousand shares of treasury stock was due to the sale of
fractional shares constituting less than one trading unit.
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