Nintendo 2010 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2010 Nintendo 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 54

  • 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

41
The Company has a tax approved pension scheme and lump-sum severance payments plan which is a defined benefit plan.
Certain consolidated subsidiaries have defined contribution plans as well as defined benefit plans. The Company and certain
consolidated subsidiaries may also pay extra retirement allowance to employees.
Retirement benefit obligations as of March 31, 2010 and 2009 were as follows:
[Note] Certain consolidated subsidiaries adopt a concise procedure to estimate retirement benefit obligation.
Retirement benefit costs for the years ended March 31, 2010 and 2009 were as follows:
[Note] “a. Service cost” includes retirement benefit costs of the subsidiaries which adopt a concise procedure to estimate retirement benefit obligation.
“g. Other” is mainly contribution amount with related to defined contribution plans.
Assumptions used in calculation of retirement benefits for employees:
Note 13. Retirement Benefits
. Retirement benefit obligation
. Plan assets
. Unfunded retirement benefit obligation
. Net pension liability recognized in the accompaying
consolidated balance sheets
. Provision for retirement benefits
a
b
c
d
e
As of March 31,
¥(27,607)
17,682
(9,924)
(9,924)
¥(9,924)
¥(23,683)
13,435
(10,247)
(10,247)
¥(10,247)
$(296,851)
190,135
(106,715)
(106,715)
$(106,715)
Japanese Yen in Millions
¥
2010 2009
U.S. Dollars in Thousands
$
2010
¥1,575
775
(357)
(78)
-
1,915
939
¥2,854
¥1,439
726
(440)
6,778
(295)
8,208
997
¥9,205
$16,942
8,333
(3,842)
(841)
-
20,592
10,103
$30,696
Japanese Yen in Millions
¥
2010 2009
U.S. Dollars in Thousands
$
2010
a
b
c
d
. Method of attributing benefits to years of service:
. Discount rate:
. Expected return rate on plan assets:
. Amortization years of actuarial difference:
Straight-line basis
1.3% to 5.75%
1.5% to 7.5%
Fully amortized in the same fiscal year as incurred
Year ended March 31, 2010
. Method of attributing benefits to years of service:
. Discount rate:
. Expected return rate on plan assets:
. Amortization years of prior service cost:
. Amortization years of actuarial difference:
a
b
c
d
e
Straight-line basis
1.5% to 6.75%
1.5% to 7.5%
Fully amortized in the same fiscal year as incurred
Fully amortized in the same fiscal year as incurred
Year ended March 31, 2009
. Service cost
. Interest cost
. Expected return on plan assets
. Amortization of actuarial difference
. Amortization of prior service cost
. Retirement benefit cost
. Other
. Total
a
b
c
d
e
f
g
h
Years ended March 31,