Nintendo 2014 Annual Report Download - page 31

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- 29 -
Notes to consolidated statements of income
*1. The ending inventory balance is the amount after write-down of book value due to decline in
profitability, and the loss on valuation of inventories included in cost of sales for the years ended March
31, 2013 and 2014 were as follows:
Previous fiscal year
(From April 1, 2012
to March 31, 2013)
Current fiscal year
(From April 1, 2013
to March 31, 2014)
Loss on valuation of inventories ¥ 8,758 million ¥ 22,958 million U.S.$ 222 million
*2. The major items of selling, general and administrative expenses for the years ended March 31, 2013 and
2014 were as follows:
Previous fiscal year
(From April 1, 2012
to March 31, 2013)
Current fiscal year
(From April 1, 2013
to March 31, 2014)
Research and development expenses ¥ 53,447 million ¥ 71,718 million U.S.$ 696 million
Advertising expenses 61,104 70,264 682
Salaries, allowances and bonuses 16,979 20,952 203
Depreciation 4,578 5,161 50
Retirement benefit expenses 3,298 2,481 24
Provision for bonuses 751 702 6
Provision of allowance for doubtful accounts ¥ 207 ¥ (209) U.S.$ (2)
*3. Research and development expenses included in general and administrative expenses and
manufacturing costs for the years ended March 31, 2013 and 2014 were as follows.
Previous fiscal year
(From April 1, 2012
to March 31, 2013)
Current fiscal year
(From April 1, 2013
to March 31, 2014)
Research and development expenses ¥ 53,483 million ¥ 71,736 million U.S.$ 696 million
*4. Gain on sales of non-current assets for the years ended March 31, 2013 and 2014 were as follows:
Previous fiscal year
(From April 1, 2012
to March 31, 2013)
Current fiscal year
(From April 1, 2013
to March 31, 2014)
Land ¥ 10 million Machinery, equipment and
vehicles ¥ 3,451 million U.S.$ 33 million
Buildings and structures 50 0
Total ¥ 10 ¥ 3,502 U.S.$ 34
*5. Loss on disposal of non-current assets for the years ended March 31, 2013 and 2014 were as follows:
Previous fiscal year
(From April 1, 2012
to March 31, 2013)
Current fiscal year
(From April 1, 2013
to March 31, 2014)
Loss on retirement Loss on retirement
Buildings and structures ¥ 16 million Buildings and structures ¥ 39 million U.S.$ 0 million
Tools, furniture and
fixtures 4 Tools, furniture and
fixtures 27 0
Software 1 Land 12 0
Total ¥ 22 Total ¥ 79 U.S.$ 0
*6. Income taxes for prior periods
Income taxes for prior periods represents the refund of U.S. withholding tax according to the U.S. tax system, as a
result of a reduction adjustment on U.S. income carried out based on the previously established bilateral Advance
Pricing Agreement for transfer pricing (APA), regarding transactions between the Company and its U.S.
consolidated subsidiary.