Square Enix 2011 Annual Report Download - page 43

Statements” (Cabinet Office Ordinance No. 5, issued March 24,
2009), based on the “Accounting Standard for Consolidated Financial
Statements” (ASBJ Statement No. 22, December 26, 2008).
As a result, “Loss before minority interests” is presented in the
accompanying Consolidated Statements of Income and Consolidated
Statement of Comprehensive Income.
Listed separately until the fiscal year ended March 31, 2010,
“Severance payments associated with business restructuring” was
¥75 million in the fiscal year ended March 31, 2011, falling below
10 percent of total extraordinary loss and is now presented as part of
“Other” within “Extraordinary loss.”
Listed separately until the fiscal year ended March 31, 2010,
“Loss associated with business restructuring” was ¥39 million in the
fiscal year ended March 31, 2011, falling below 10 percent of total
extraordinary loss and is now presented as part of “Other” within
“Extraordinary loss.”
Additional Information
■ Year ended March 31, 2010
Not applicable
■ Year ended March 31, 2011
From the fiscal year ended March 31, 2011, the Company applies
“Accounting Standard for Presentation of Comprehensive Income”
(ASBJ Statement No. 25, issued June 30, 2010). The Company
presents “Accumulated other comprehensive loss” and “Total
accumulated other comprehensive loss” as of March 31, 2010 and
2011, in the accompanying Balance Sheet, which had previously been
presented as “Valuation and transaction adjustments” and “Total
valuation and transaction adjustments” as of March 31, 2010.
Notes to Consolidated Balance Sheets
■ Year ended March 31, 2010
*1 Investments in non-consolidated subsidiaries and affiliates:
Investments and other assets ¥69 million
■ Year ended March 31, 2011
*1 Investments in non-consolidated subsidiaries and affiliates:
Investments and other assets ¥51 million
Notes to Consolidated Statements of Income
■ Year ended March 31, 2010
*1 Inventories at fiscal year-end are stated after writing down based
on its decrease in profitability. The following amount is included
within cost of sales as loss on valuation of inventories. ¥6,640
million
*2 Selling, general and administrative expenses include research and
development expenses of ¥1,243 million
*3 Breakdown of gain on sale of property and equipment
Buildings and structures ¥ 31 million
Tools and fixtures 0 million
Amusement equipment 1 million
Other 0 million
Total ¥ 33 million
*4 Breakdown of loss on sale of property and equipment
Tools and fixtures ¥ 52 million
Buildings and structures 16 million
Amusement equipment 0 million
Total ¥ 69 million
*5 Breakdown of loss on disposal of property and equipment
Buildings and structures ¥ 78 million
Tools and fixtures 34 million
Amusement equipment 268 million
Software 4 million
Other 3 million
Total ¥389 million
*6 Loss on evaluation of investment securities was due to a significant
decline in market prices of marketable securities.
*7 Impairment loss
In the fiscal year ended March 31, 2010, the Group posted
impairment loss on the following groups of assets:
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
location 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
applicable recoverable value.
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