Nintendo 2015 Annual Report Download - page 44

Download and view the complete annual report

Please find page 44 of the 2015 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 51

  • 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

- 42 -
(5) Retirement benefit expenses and their breakdown
Previous fiscal year
(From April 1, 2013
to March 31, 2014)
Current fiscal year
(From April 1, 2014
to March 31, 2015)
(Millions of yen) (Millions of yen) (Millions of dollars)
Current service costs 2,581 2,851 23
Interest cost 947 1,140 9
Expected return on assets (789) (1,018) (8)
Amortization of actuarial gains and losses treated
as expenses (1,561) 2,822 23
Severance payment expenses – 1,220 10
Other 159 263 2
Retirement benefit expenses for defined benefit
plan 1,336 7,279 60
(Note) Retirement benefit expenses of consolidated subsidiaries applying a simple method are recorded in “Current service
costs.”
(6) Plan assets
a. Main components of plan assets
The ratios of components to plan assets by major category are as follows.
Previous fiscal year
(As of March 31, 2014)
Current fiscal year
(As of March 31, 2015)
Stocks 45% 40%
Bonds 40 49
Other 15 11
Total 100 100
b. Method for establishing expected long-term return rate on plan assets
In order to determine expected long-term return rate on plan assets, the present as well as expected future
allocation of plan assets, along with the present as well as expected long-term rate of return on various assets
comprising plan assets, are considered.
(7) Matters concerning the basis for actuarial calculation
The main calculation bases for actuarial gains or losses are as follows.
Previous fiscal year
(From April 1, 2013
to March 31, 2014)
Current fiscal year
(From April 1, 2014
to March 31, 2015)
Discount rate 1.5% to 4.3% 1.1% to 3.6%
Expected long-term return rate on plan assets 1.4% to 7.5% 1.5% to 7.0%
3. Defined contribution plans
The amount of contribution required for the defined contribution plans at certain consolidated subsidiaries was
¥973 million for the year ended March 31, 2014 and ¥979 million (U.S.$8 million) for the year ended March 31,
2015.