Square Enix 2013 Annual Report Download - page 48

Download and view the complete annual report

Please find page 48 of the 2013 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 70

  • 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
  • 69
  • 70

46
*6 Loss on evaluation of investment securities was due to a signifi cant decline in market prices of marketable securities.
*7 Impairment loss
In the fi scal year ended March 31, 2013, the Group posted impairment loss on the following groups of assets.
Millions of yen
Location Usage Category Impairment amount
Shinjuku-ku, Tokyo
Idle assets
Telephone subscription rights ¥ 8
Shinjuku-ku
, Tokyo
Assets planned for disposal Amusement equipment 840
Ebina, Kanagawa Prefecture Assets planned for disposal Other (Property and equipment) 9
Ebina, Kanagawa Prefecture
Amusement equipment production
and sale
Other (Property and equipment) 3
Finance lease that does not transfer ownership of rental
transactions 4
Shibuya-ku, Tokyo DARTS machine sales and facility
operation
Buildings 13
Amusement equipment 0
Other (Property and equipment) 1
Finance lease that does not transfer ownership of rental
transactions 1
United States of America Assets planned for disposal
Other (Property and equipment) 8
Software 6
Other (Intangible assets) 42
Total ¥939
In the Amusement business segment, each division, including captive outlets, rented outlets, franchise outlets and amusement equipment production and sales, is
classifi ed as one asset-grouping unit. In other business segments, classifi cation 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 classifi ed 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,
future recovery of the investment amount has been deemed uncertain and their book value has been written down to the applicable recoverable value.
For goodwill and intangible assets, asset values were reassessed, taking into account changes in the market environment, and book values were subsequently
written down to the applicable recoverable values. Note that calculation of recoverable amounts is measured mainly by net selling price which is based on a
reasonable assumption of market price.
In the fi scal year ended March 31, 2012, the Group posted impairment loss on the following groups of assets.
Millions of yen
Location Usage Category Impairment amount
Shibuya-ku, Tokyo Idle assets Telephone subscription rights ¥ 6
Shibuya-ku, Tokyo Assets planned for disposal Amusement equipment 23
Moriguchi-shi, Osaka Assets planned for disposal Buildings 58
Ebina, Kanagawa Prefecture Amusement equipment production
and sale
Tools and fixtures 23
Other (Property and equipment) 9
Long-term prepaid expenses 0
Finance lease that does not transfer ownership of rental
transactions 9
Total ¥130
In the Amusement business segment, each division, including captive outlets, rented outlets and equipment production and sales, is classifi ed as one asset-grouping
unit. In other business segments, classifi cation 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 classifi ed 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.
The recoverable amounts are primarily measured at net selling price which is based on reasonably estimated market prices.
Notes to Consolidated Financial Statements (JPNGAAP)