Nintendo 2011 Annual Report Download - page 45

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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, 2011 and 2010 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, 2011 and 2010 were as follows:
[Note] “a. Service cost” includes retirement benefit costs of the subsidiaries which adopt a concise procedure to estimate retirement benefit obligation.
“f. Other” is mainly contribution amount with related to defined contribution plans.
Assumptions used in calculation of retirement benefits for employees:
Note 15. 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,
¥(29,713)
18,066
(11,647)
(11,647)
¥(11,647)
¥(27,607)
17,682
(9,924)
(9,924)
¥(9,924)
$(357,993)
217,665
(140,327)
(140,327)
$(140,327)
Japanese Yen in Millions
¥
2011 2010
U.S. Dollars in Thousands
$
2011
¥1,829
776
(437)
1,822
3,990
858
¥4,848
¥1,575
775
(357)
(78)
1,915
939
¥2,854
$22,042
9,351
(5,276)
21,960
48,077
10,340
$58,418
Japanese Yen in Millions
¥
2011 2010
U.S. Dollars in Thousands
$
2011
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
1.2% to 5.3%
1.3% to 7.5%
Fully amortized in the same fiscal year as incurred
Year ended March 31, 2011
. Method of attributing benefits to years of service:
. Discount rate:
. Expected return rate on plan assets:
. Amortization years of actuarial difference:
a
b
c
d
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
. Service cost
. Interest cost
. Expected return on plan assets
. Amortization of actuarial difference
. Retirement benefit cost
. Other
. Total
a
b
c
d
e
f
g
Years ended March 31,