Nintendo 2008 Annual Report Download - page 23

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19
We have audited the accompanying consolidated balance sheet of Nintendo Co., Ltd. and its subsidiaries (“the Company”) as of
March 31, 2008, and the related consolidated statements of income, changes in net assets, and cash flows for the year then ended,
all expressed in Japanese yen. These consolidated financial statements are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these consolidated financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in Japan. Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made
by management, as well as evaluating the overall consolidated financial statement presentation. We believe that our audit
provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated
financial position of Nintendo Co., Ltd. and its subsidiaries as of March 31, 2008, and the consolidated results of their operations
and their cash flows for the year then ended in conformity with accounting principles generally accepted in Japan.
The amounts expressed in U.S. dollars, which are provided solely for the convenience of the readers, have been translated on
the basis set forth in Note 1 to the accompanying consolidated financial statements.
Kyoto Audit Corporation
Kyoto, Japan
June 27, 2008
To the Board of Directors and Shareholders of Nintendo Co., Ltd.
Report of Independent Auditors