Nintendo 2008 Annual Report Download

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Table of contents

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    AN N UAL REPO RT 2008

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    ... video game entertainment, regardless of their age, gender, language, cultural background or gaming experience. Nintendo's first hardware launch in support of the basic strategy "Gaming Population Expansion" was a hand-held device, Nintendo DS , which allows users to play intuitively. To drive this...

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    ... 2007 HUDSON SOFT Sold © 2008 Nintendo /HAL Laboratory Inc Characters: © Nintendo /HAL Laboratory Inc /Pokémon /Creatures Inc / GAME FREAK nc / SHIGESATO ITOI / APE inc / INTELLIGENT SYSTEMS / Konami Digital Entertainment Co Ltd /SEGA © 2007 Nintendo/INTELLIGENT SYSTEMS Sold 2.26 million pcs...

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    ... Sold ©2006 Pokémon ©1995 2006 Nintendo/Creatures Inc /GAME FREAK inc ©2006 HAL Laboratory Inc ©2006 Nintendo Sold The numbers shown above are consolidated sales in units for the fiscal year ended in March, 2008. 9.56 million pcs. represent the combined total of Pokémon Diamond and Pearl...

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    ... selling cards printed with Walt Disney characters, opening a new market for children's playing cards in Japan. 1962 Listed stock on the second section of the Osaka Securities Exchange and on the Kyoto Stock Exchange. 1963 Changed company name to the current Nintendo Co., Ltd. Started manufacturing...

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    ... it. 1983 Started selling the home video game console Family Computer System employing a custom CPU (Central Processing Unit) and PPU (Picture Processing Unit). Listed stock on the first section of the Tokyo Stock Exchange. 1985 Released the Nintendo Entertainment System (NES), the U.S. version of...

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    ... an online membership service, Club Nintendo. 2004 Launched the Game Boy Advance software Classic NES Series. The hand-held gaming device Nintendo DS, which opened up a new style of entertainment with its dual screens, touch control, wireless communication, and voice recognition technology, launched...

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    ... 22.5 0 5 10 15 20 25 30 Hardware NES Game Boy SNES Nintendo 64 Worldwide 61.9 118.7 49.1 32.9 Game Boy Advance hardware shows the combined total of Game Boy Advance, Game Boy Advance SP and Game Boy micro. Nintendo DS hardware shows the combined total of Nintendo DS and Nintendo DS Lite.

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    ... Worldwide Game Boy Advance (GBA) 376.7 208.5 369.6 148.4 Nintendo GameCube (GC ) Nintendo DS (DS) Wii Japan GBA GC DS Wii 21.1 27.5 115.0 72.7 The Americas GBA GC DS Wii 79.4 123.2 138.4 216.9 Other Regions GBA GC DS Wii 48.0 42.5 131.4 87.0 0 40 80 120 160 200 240 Software NES Game...

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    ... Section Five-year Summary / Stock Prices Information Analysis of Operations and Finical Review Report of Independent Auditors Consolidated Balance Sheets Consolidated Statements of Income Consolidated Statements of Changes in Net Assets Consolidated Statements of Cash Flows Notes to Consolidated...

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    ... 450.50 561.00 456.00 The preceding table sets forth the highest and lowest sale prices during Fiscal 2008 and 2007 for Nintendo Co., Ltd. common stock, as reported on the Osaka Securities Exchange, Section 1.Nintendo Co., Ltd. common stock is also traded on the Tokyo Stock Exchange, Section 1. 15

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    ... million units life-to-date). As for "Wii" software, "Wii Fit", (which uses the "Wii Balance Board" to assist you and your family members to achieve improved fitness while having fun at same time) was launched in Japan, selling a total of 1.85 million units. "Super Smash Bros. Brawl", (which is the...

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    ... advances, however, it is possible that the Company may be unable to acquire the necessary technology which can be utilized in the gaming segment of the entertainment field. Furthermore, delays of hardware launches could be adversely affect market share. � Due to the nature of Nintendo products...

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    ... liability Nintendo manufactures its products based on quality control standards required in each location throughout the world. However, in the future, large-scale product recalls may occur due mainly to defective products. If it is the case, Nintendo may incur additional expenses in connection...

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    ... To the Board of Directors and Shareholders of Nintendo Co., Ltd. We have audited the accompanying consolidated balance sheet of Nintendo Co., Ltd. and its subsidiaries ("the Company") as of March 31, 2008, and the related consolidated statements of income, changes in net assets, and cash flows for...

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    ...Japanese Yen in Millions ¥ U.S. Dollars in Thousands (Note 1) $ As of March 31, 2008 2007 2008 Assets Current assets Cash and deposits Notes and accounts receivable-trade Short-term investment securities Inventories Deferred tax assets Other (Note 5 C) Allowance for doubtful accounts Total...

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    ... Treasury stock Total shareholders' equity Valuation and translation adjustments Valuation difference on available-for-sale securities Foreign currency translation adjustment Total valuation and translation adjustments Minority interests Total net assets Total liabilities and net assets 5,418...

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    ... Foreign exchange gains Other Total Non-operating expenses Interest expenses Sales discounts Foreign exchange losses Other Total Ordinary income Extraordinary income Reversal of allowance for doubtful accounts Gain on sales of noncurrent assets (Note 6 C) Gain on sales of investment securities Total...

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    ... at the annual general meeting of shareholders held in June 2006. U.S. Dollars in Thousands (Note 1) $ Years ended March 31, 2008 Capital stock Capital surplus Retained earnings Treasury stock Total shareholders' equity Valuation difference on available-for-sale securities Foreign currency...

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    ...Increase in provision for retirement benefits Interest and dividends income Interest expenses Foreign exchange losses (gains) Gain on sales of investment securities Loss on valuation of investment securities Equity in earnings of affiliates Increase in notes and accounts receivable-trade Increase in...

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    ... for under the equity method, as it is a small scale company and its impact is not significant on the total assets, net sales, net income or loss, retained earnings and others in the consolidated financial statements. The equity method of accounting are applied to four affiliates out of five...

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    ...on a straight-line basis. Other investment securities for which market quotations are available are stated at fair value. Unrealized gains on other investment securities are recorded as "Valuation difference on available-for-sale securities" in "Net assets" at the net-of-tax amount, while unrealized...

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    ...on hand, time deposit which can be withdrawn on demand and certain investments, with little risk of fluctuation in value and maturity date of three months or less, which are promptly convertible to cash. N. Amortization of Goodwill Goodwill is fully amortized by the straight-line method over mainly...

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    ...Sheets" in "Note 4. Changes in Description", with regard to "Cash Flows from Investing Activities" in the fiscal year ended March 31, 2008, "Payments into time deposits" decreased by ¥271,098 million ($2,710,984 thousand), whereas "Purchase of short-term investment securities" increased by the same...

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    ... and charged to "Selling, general and administrative expenses" and "Cost of sales" were ¥37,001 million ($370,019 thousand) and ¥37,725 million in total for the years ended March 31, 2008 and 2007, respectively. C. Gains on Sales of Noncurrent Assets Gross realized gains were ¥3,715 million...

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    ...2006 December 1, 2006 Type of share Amount of dividends (U.S. Dollars in Thousands) Dividend per share (U.S. Dollars) Record date Effective date Annual general shareholders' meeting held on June 28, 2007 Board of directors' meeting held on October 25, 2007 Common stock Common stock $792,998...

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    ... of dividends Dividend per share (Japanese Yen) Record date Effective date Annual general shareholders' meeting held on June 28, 2007 Co mmo n stock Re t a i n e d ¥79,299 earnings ¥620 March 31, 2007 June 29, 2007 Type of share Amount of dividends (U.S.Dollars in Thousands) Source...

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    ... that do not transfer ownership of the leased assets to the lessee as of March 31, 2008 and 2007 were as follows: Japanese Yen in Millions ¥ $ U.S. Dollars in Thousands As of March 31, 2008 2007 2008 Total lease payments Depreciation expenses ¥271 271 ¥236 236 $2,719 2,719 The assumed...

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    ...-term Investment Securities and Investment Securities Other investment securities with market value included in "Investment securities" as of March 31, 2008 and 2007 were as follows: Japanese Yen in Millions ¥ U.S. Dollars in Thousands Difference Acquisition cost Book value Difference $ As...

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    ... 31, 2008 and 2007, respectively. Book value of non-marketable investment securities in "Short-term investment securities" and "Investment securities" as of March 31, 2008 and 2007 were summarized as follows: Japanese Yen in Millions ¥ U.S. Dollars in Thousands $ As of March 31, 2008 2007...

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    ...is estimated based on the forward exchange rate as of March 31, 2008. The fair value of currency options is estimated based on price quoted by correspondent financial institutions where we have agreements on derivative transactions. No derivative contracts were outstanding as of March 31, 2007. 35

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    ... Japanese Yen in Millions ¥ U.S. Dollars in Thousands $ As of March 31, 2008 2007 2008 a . Retirement benefit obligation b . Plan assets c . Unfunded retirement benefit obligation d . Unrecognized actuarial difference e . Unrecognized prior service cost f . Net pension liability recognized...

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    ... tax Loss on valuation of investment securities Land Provision for retirement benefits Accumulated depreciation expenses Other Gross deferred tax assets Valuation allowance Total deferred tax assets Deferred tax liabilities: Undistributed retained earnings of subsidiaries and affiliates Valuation...

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    ... Information by Seller's Location Japanese Yen in Millions ¥ Year ended March 31, 2008 Japan The Americas Europe Other Total Eliminations or corporate Consolidated Net sales and operating income Net sales Sales to third parties Inter segment sales Total net sales Operating expenses...

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    U.S. Dollars in Thousands $ Year ended March 31, 2008 Japan The Americas Europe Other Total Eliminations or corporate Consolidated Net sales and operating income Net sales Sales to third parties Inter segment sales Total net sales Operating expenses Operating income Total assets [Note] ...

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    ... and upon consideration of the market price. Trademarks and publications of "Shigureden" are used in the Company's software for sale and the fees for the usage are determined by terms generally available. Note 16. Per Share Information Japanese Yen ¥ U.S. Dollars $ Years ended March 31, 2008...

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    ... of the European Communities announced to impose a fine of EUR149 million on October 30, 2002 referring that Nintendo's past trade practices in Europe until 1998 fell upon "limitation of competition within the EU common market" which is prohibited by Article 81 in the EU treaty. The Company and its...

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    ...: NES Merchandising, Inc. NHR Inc. HFI Inc. Nintendo Phuten Co., Ltd. iQue Ltd. iQue (China) Ltd. Nintendo Technology Development Inc. Nintendo Software Technology Corporation SiRAS.com Inc. Retro Studios, Inc. Nintendo (Hong Kong) Limited Nintendo Benelux B.V. Krijtwal 33, 3432 ZT Nieuwegein, The...

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    ...Tokyo Stock Exchange, Section 1. Nintendo Co., Ltd. General Accounting and Control Department Investor Relations Group 11-1, Kamitoba Hokotate-cho, Minami-ku, Kyoto 601-8501, Japan Tel : 81-75-662-9614 Fax : 81-75-662-9544 E-mail: [email protected] Nintendo of America Inc. Corporate Communications...

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    Coming soon

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