Square Enix 2011 Annual Report Download - page 53

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(5) Rental 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.
Liabilities
(1) Notes and accounts payable, (2) Short-term loans and (3) Accrued
corporate taxes
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.
(4) 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 ¥51
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 securities
that have a maturity date
Millions of yen
Within one
year
More than
one year
but within
five years
More than
five years
but within
10 years
More than
10 years
Deposits
¥109,618 ¥ — ¥ — ¥ —
Notes and accounts
receivable
15,474 — — —
Income taxes receivable
6,907 — — —
Rental deposits
3,788 4,392 4,013 121
Total
¥135,664 ¥4,392 ¥4,013 ¥121
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.
Securities
■ Year ended March 31, 2010
1. Held-for-sale securities
Not applicable
2. Held-to-maturity securities with market value
Not applicable
3. Other investment securities with market value:
Millions of yen
Type Book value Acquisition
cost
Difference
Securities with
book value
exceeding
acquisition cost
(1) Stocks ¥ 86 ¥ 54 ¥ 32
(2) Bonds
a. Government
bonds and
municipal
bonds
—— —
b. Corporate
bonds —— —
c. Other —— —
(3) Other —— —
Subtotal 86 54 32
Securities with
acquisition cost
exceeding book
value
(1) Stocks 393 441 (47)
(2) Bonds
a. Government
bonds and
municipal
bonds
—— —
b. Corporate
bonds —— —
c. Other —— —
(3) Other 35,000 35,000 —
Subtotal 35,393 35,441 (47)
Total ¥35,480 ¥35,495 ¥(15)
4. Securities sold during the fiscal year ended March 31, 2010
Millions of yen
Item
Proceeds Aggregate gain
on sale
Aggregate loss
on sale
(1) Stocks ¥7 ¥2 ¥0
(2) Bonds
a. Government bonds
and municipal
bonds
—— —
b. Corporate bonds —— —
c. Other 00—
(3) Other —— —
Total ¥7 ¥2 ¥0
5. Investment securities subject to impairment
In the fiscal year under review, other investment securities (shares)
were subject to impairment amounting to ¥166 million.
With regard to the impairment of shares, shares whose fair value
has fallen to below 50% of the acquisition price are fully impaired,
and shares whose fair value has fallen to between 30% and 50% of
the acquisition price are impaired by an appropriate amount after
51