Square Enix 2014 Annual Report Download - page 58

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56
Derivative Transactions
1. Derivative transactions for which hedge accounting has not been applied
Currency derivatives
■ Year ended March 31, 2014
Millions of yen
Category Type of derivative Contract amounts Contract amount due
after one year Fair value Unrealized
gain
Over-the-counter
transactions
Foreign exchange
forward contracts
Buy
USD
¥103 ¥— ¥2 ¥2
Total ¥103 ¥— ¥2 ¥2
Note: The methods for estimating fair value:
The fair value is calculated by using forward exchange rates.
■ Year ended March 31, 2013
Not applicable
2. Derivative transactions for which hedge accounting has been applied
■ Year ended March 31, 2014
Not applicable
■ Year ended March 31, 2013
Not applicable
Employees’ Retirement Benefits
■ Year ended March 31, 2014
1. Overview of employees’ 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. In addition, certain of the Company’s overseas subsidiaries
maintain defined contribution retirement pension plans.
2. Defined benefit plan:
(1) Reconciliation of beginning balance to ending balance of retirement benefi t obligations
Millions of yen
Balance of retirement benefit obligations at the beginning of the year ¥12,674
Service cost 514
Interest cost 87
Actuarial gains (losses) arising during the year (127)
Retirement benefits paid (847)
Others (3)
Balance of retirement benefit obligations at the end of the year ¥12,298
(2) Reconciliation of beginning balance to ending balance of plan assets
Millions of yen
Balance of plan assets at the beginning of the year ¥7,282
Expected return on plan assets 44
Actuarial gains (losses) arising during the year 411
Employer contribution 864
Retirement benefits paid (730)
Balance of plan assets at the end of the year ¥7,872
Notes to Consolidated Financial Statements (JPNGAAP)