Square Enix 2015 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, 2015 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
¥220 ¥— ¥12 ¥12
Total ¥220 ¥— ¥12 ¥12
Note: The methods for estimating fair value:
The fair value is calculated by using forward exchange rates.
■ 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.
2. Derivative transactions for which hedge accounting has been applied
■ Year ended March 31, 2015
Not applicable
■ Year ended March 31, 2014
Not applicable
Employees’ Retirement Benefits
1. Overview of employees’ retirement benefit plans:
The Company and its domestic consolidated subsidiaries have a lump-sum retirement payment plan in accordance with their internal bylaws.
Certain of the Company’s overseas subsidiaries maintain defined contribution retirement pension plans.
2. Defined benefit plan:
(1) Reconciliation between the beginning and ending balances of retirement benefit obligations
Millions of yen
Fiscal year ended March 31, 2015 Fiscal year ended March 31, 2014
Balance of retirement benefit obligations at the beginning of the year ¥12,298 ¥12,674
Increase (decrease) in net defined benefit liability (1,811) —
Restated balance 10,487 12,674
Service cost 466 514
Interest cost 113 87
Actuarial gains (losses) arising during the year 440 (127)
Retirement benefits paid (401) (847)
Other — (3)
Balance of retirement benefit obligations at the end of the year ¥11,105 ¥12,298
Notes to Consolidated Financial Statements (JPNGAAP)