Nintendo 2016 Annual Report Download - page 49

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- 47 -
(5) Retirement benefit expenses and their breakdown
Previous fiscal year
(From April 1, 2014
to March 31, 2015)
Current fiscal year
(From April 1, 2015
to March 31, 2016)
(Millions of yen) (Millions of yen) (Millions of dollars)
Current service costs 2,851 3,198 28
Interest cost 1,140 1,197 10
Expected return on assets (1,018) (1,063) (9)
Amortization of actuarial gains and losses treated
as expenses 2,822 2,033 17
Severance payment expenses 1,220 911 8
Other 263 131 1
Retirement benefit expenses for defined benefit
plan 7,279 6,409 56
(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, 2015)
Current fiscal year
(As of March 31, 2016)
Stocks 40% 37%
Bonds 49 57
Other 11 6
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, 2014
to March 31, 2015)
Current fiscal year
(From April 1, 2015
to March 31, 2016)
Discount rate 1.1% to 3.6% 0.4% to 3.9%
Expected long-term return rate on plan assets 1.5% to 7.0% 1.1% to 7.0%
3. Defined contribution plans
The amount of contribution required for the defined contribution plans at certain consolidated subsidiaries was
¥979 million for the year ended March 31, 2015 and ¥1,118 million (U.S.$9 million) for the year ended March 31,
2016.