Square Enix 2010 Annual Report Download - page 51

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4. Assumptions used in accounting for the above plans:
Periodic allocation method for projected benefits Straight-line basis
Discount rates 1.300-2.099%
Expected rate of return on plan assets 1.300%
Period over which prior service cost is amortized 1-5 years
Period over which net actuarial gain or loss
is amortized 1-5 years
■ Year ended March 31, 2010
1. Overview of retirement benefit plan
The Company and its domestic consolidated subsidiaries have
a lump-sum retirement payment plan in accordance with their
internal bylaws.
The projected benefits are allocated to periods of service on a
straight-line basis. The Company’s domestic consolidated subsid-
iaries apply a simplified method in the calculation of the retire-
ment benefit obligations. In addition, certain of the Company’s
overseas subsidiaries maintain defined contribution retirement
pension plans.
2. Retirement benefit obligation:
Millions of yen
Retirement benefit obligation ¥(10,742)
Fair value of plan assets 6,431
Net unfunded obligation (4,311)
Unrecognized prior service cost (138)
Unrecognized actuarial loss 2,280
Allowance for retirement benefits ¥ (2,170)
3. Retirement benefit expenses:
Millions of yen
Service cost ¥ 533
Interest cost 168
Expected return on plan assets (86)
Amortization of prior service cost (333)
Amortization of net actuarial gain 804
Retirement benefit expenses ¥1,086
Note: In addition to the retirement benefit expenses shown above, the Company
recorded severance payments related to business restructuring amounting
to ¥1,985 million in the fiscal year under review.
4. Assumptions used in accounting for the above plans:
Periodic allocation method for projected benefits Straight-line basis
Discount rates 1.329-2.035%
Expected rate of return on plan assets 1.329%
Period over which prior service cost is amortized 1-5 years
Period over which net actuarial gain or loss
is amortized 1-5 years
Stock Options
■ Year ended March 31, 2009
1. Expense items and amounts during the fiscal year related to stock
options:
Cost of sales ¥ 16 million
Selling, general and administrative expenses 312 million
2. Details, scale of and changes in stock options
(1) Details of stock options
49