Square Enix 2010 Annual Report Download - page 48

Download and view the complete annual report

Please find page 48 of the 2010 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 68

  • 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

Notes to Consolidated Financial Statements (JPNGAAP)
value is the stock-market trading price. For information relating to each
of the holding purposes of securities, please refer to the note titled
“Securities.”
(5) Rental deposits, and (6) Construction support deposits
The fair values of these items are the net present value, which has been
discounted at a rate that appropriately reflects the length of time the
deposits are expected to be held for and the credit risk of the deposit
holder.
(7) Claims in bankruptcy and claims under reorganization
For claims in bankruptcy and claims under reorganization, the Company
calculates a provision for doubtful claims based on the expected recov-
ery amount. Consequently, the fair values of these claims are recognized
as equivalent to the book value as of the balance sheet date less provi-
sion for doubtful claims, and recorded as this amount.
Liabilities
(1) Notes and accounts payable, (2) Short-term loans, (3) Current
portion of corporate bonds, (4) Other accounts payable, (5) Accrued
expenses, (6) Accrued corporate taxes, (7) Accrued consumption taxes,
and (8) Deposits received
Since these items are settled on a short-term basis, book value is used
on the assumption that fair value is principally equivalent to book value.
(9) Corporate bonds
The fair value of corporate bonds issued by the Company is the price
quoted by the correspondent financial institutions.
2. Financial instruments for which it is extremely difficult to estimate
fair value
Millions of yen
Item Book value
Unlisted shares ¥87
These items are not included in “(4) Investment securities”
above owing to the recognition of their lack of market prices
and the extreme difficulty in estimating fair value based on such
methods as estimated future cash flows.
3. Planned redemption amounts subsequent to the consolidated
balance sheet date for monetary claims and investment securi-
ties that have a maturity date.
Millions of yen
Within 1
year
Over 1
year but
within 5
years
Over 5
years but
within 10
years
Over 10
years
Deposits
¥109,494 ¥ — ¥ — ¥ —
Notes and accounts
receivable
30,682 — — —
Short-term investment
Securities
Available-for-sale
securities with maturities
(Negotiable certificates
of deposit)
35,000 — — —
Rental deposits
3,410 2,021 7,359 740
Construction support
deposits
603 64 457 —
Claims in bankruptcy
202 — — —
Total
¥179,392 ¥2,085 ¥7,816 ¥740
4. Planned repayment amounts subsequent to the consolidated
balance sheet date for corporate bonds.
Please refer to the “Corporate Bonds Issued” tables within the
Supplementary Schedule section of the Notes to Consolidated
Financial Statements.
(Additional information)
From the fiscal year ended March 31, 2010, the Company
has applied “Accounting Standard for Financial Instruments”
(ASBJ Statement No. 10, March 10, 2008) and “Guidance on
Disclosures about Fair Value of Financial Instruments” (ASBJ
Guidance No. 19) (March 10, 2008).
46