Nintendo 2010 Annual Report Download

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Please find the complete 2010 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.

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Table of contents

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    ... Movie Music Sports Video Game TV Source: Nintendo August - October 2009 telephone & mail (entire US) n=4656 0% 25% 50% 75% To that end, Nintendo will try to further the penetration of Wii by encouraging communication in the living room of each household through continuous software launches...

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    ...-time. *Game Boy Advance hardware shows the combined total of Game Boy Advence, Game Boy Advance SP and Game Boy micro. **Nintendo DS hardware shows the combined total of Nintendo DS, Nintendo DS Lite, Nintendo DSi and Nintendo DSi XL. Worldwide Consolidated Top Selling Titles - Nintendo DS 23.26...

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    ... sales on consolidated basis As of March 31, 2010 Units in Millions Hardware-Worldwide NES 61.91 SNES 49.10 Nintendo 64 32.93 GameCube 21.74 Wii 70.93 0 10 20 30 40 50 60 70 The Wii console has become the best selling Nintendo home console of all-time. Worldwide Consolidated...

  • Page 16
    ...and selling games and toys in addition to playing cards. 1 9 69 Built Uji plant in Kyoto, Japan. 1970 Stock listing was changed to the first section of the Osaka Securities Exchange. Started selling the Beam Gun series, employing opto-electronics. 1973 Developed the Laser Clay shooting-range system...

  • Page 17
    ... 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...

  • Page 18
    ... Released Wii Fit bundled with the Wii Balance Board accessory in Japan. 2 008 Released Mario Kart Wii that uses the Wii Wheel accessory. Introduced Pokémon Platinum Version for Nintendo DS in Japan. Launched Nintendo DSi loaded with Nintendo DSi Camera and Nintendo DSi Sound applications in Japan...

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    ... Five-year Summary / Stock Price Information Analysis of Operations and Financial 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 Financial...

  • Page 21
    ... The preceding table sets forth the highest and lowest sale prices during the years ended March 31, 2010 and 2009 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. 17

  • Page 22
    ...(called Nintendo DSi XL™ overseas) which meets the customer's need to have enjoyment "with a larger screen" and "let friends and family members join the fun," was released in Japan in November 2009 and overseas in March 2010. Sales of the Nintendo DS series during this fiscal year in the Americas...

  • Page 23
    ... advancing, it is possible that the Company may not be able to equip technologies required for or suited to entertainment. Furthermore, delays of hardware launches could adversely affect market share. c. Due to the nature of Nintendo products, it may become difficult to develop or sell the products...

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    Analysis of Operations and Financial Review (3) Risks around legal regulations and litigation •Product liability Nintendo manufactures its products based on quality control standards required in each location throughout the world. However, large-scale product recalls may occur due mainly to ...

  • Page 25
    ... financial statements. Kyoto Audit Corporation Kyoto, Japan June 28, 2010 Report of Independent Auditors 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...

  • Page 26
    ...2010 Assets Current assets Cash and deposits Notes and accounts receivable-trade Short-term investment securities Finished goods Work in process Raw materials and supplies Deferred tax assets Other Allowance for doubtful accounts Total current assets Noncurrent assets Property, plant and equipment...

  • Page 27
    ... earnings 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...

  • Page 28
    ...$ U.S. Dollars in Thousands (Note 1) Years ended March 31, 2010 2009 2010 Net sales Cost of sales (Notes 6 A, C) Gross profit Selling, general and administrative expenses Advertising expenses Salaries, allowances and bonuses Provision for bonuses Depreciation Research and development expenses...

  • Page 29
    ...$ U.S. Dollars in Thousands (Note 1) Years ended March 31, 2010 Capital stock Capital surplus Retained earnings Treasury stock Total Valuation difference Foreign currency shareholders' on available-for-sale translation equity securities adjustment Minority interests Total net assets Balance...

  • Page 30
    ... of investment securities Other, net Net cash provided by (used in) investing activities Net cash provided by (used in) financing activities Purchase of treasury stock Cash dividends paid Other, net Net cash provided by (used in) financing activities Effect of exchange rate change on cash and cash...

  • Page 31
    ... and affiliates are shown in "Corporate information" at page 47. All the consolidated subsidiaries have adopted March 31, the closing date of the accompanying consolidated financial statements, as their fiscal year end except for Nintendo Phuten Co., Ltd., Retro Studios, Inc., iQue Ltd. and iQue...

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    Notes to Consolidated Financial Statements Years ended March 31, 2010 and 2009 B. Securities and Derivatives Securities Held-to-maturity debt securities are stated using amortized cost method on a straight-line basis. Other investment securities for which market quotations are available are stated ...

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    ... reserve for employees' retirement and severance benefits based on the projected benefit obligation and plan assets at the end of fiscal year. Actuarial calculation differences are processed collectively, in the accrued year, for the year ended March 31, 2010 and prior service cost and actuarial...

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    ... gains or losses on other investment securities for which market quotations are available had been accounted for using the partial net asset recording method. Effective as of the fiscal year ended March 31, 2010, in order to improve comparability with other companies, the accounting method has been...

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    ... presented as "Finished goods," "Work in process" and "Raw materials and supplies," effective as of the fiscal year ended March 31, 2009. B. Consolidated Statements of Income Effective as of the consolidated accounting period ended March 31, 2010, "Selling, general and administrative expenses...

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    ...Consolidated Statements of Income A. Valuation Losses on Goods Losses incurred from the application of the write-down of inventories due to decreased profitability of assets and charged to "Cost of sales" were ¥4,571 million ($49,155 thousand) and ¥4,516 million for the years ended March 31, 2010...

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    ... 1, 2008 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 26, 2009 Board of directors' meeting held on October 29, 2009 Common stock Common stock $1,072,581 $371...

  • Page 38
    ... Thousands) Source of dividends Dividend per share (U.S. Dollars) Record date Effective date Annual general shareholders' meeting held on June 29, 2010 C ommon s t oc k Re ta i n e d $907,551 e a rn i n g s $7 M a rc h 3 1 , 2 0 1 0 June 30, 2010 Note 8. Note to Consolidated Statements...

  • Page 39
    ... exposed to credit risk of customers. In order to reduce the risk, the Company and its consolidated subsidiaries monitor the credit status and transaction history, assess creditworthiness and set credit limit for each customer. Since short-term investment securities and investment securities mainly...

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    ... Dollars in Thousands Difference Book value Fair value Difference As of March, 2010 Book value Fair value (1)Cash and deposits (2)Notes and accounts receivable-trade (3)Short-term investment securities and investment securities a. Held-to-maturity debt securities b. Other securities Total assets...

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    ... within one year Due after one year through five years ¥ $ U.S. Dollars in Thousands Due after one Due within year through one year five years As of March, 2010 Cash and deposits Notes and accounts receivable-trade Short-term investment securities and long-term investment securities Held-to...

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    ... Dollars in Thousands Difference Book value Acquisition cost Difference As of March, 2010 Book value Acquisition cost Securities whose book value on the accompanying consolidated balance sheets exceed their acquisition cost Equity securities Debt securities Sub-total Securities whose book value...

  • Page 43
    ... 31, 2009. Gross realized gains on those sales were ¥82 million ($837 thousand). No gross realized losses on those sales were recorded for the years ended March 31, 2009. Book value of non-marketable investment securities in "Short-term investment securities" and "Investment securities" as of March...

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    ... in Thousands Unrealized gain (loss) Contract amount Fair value Unrealized gain (loss) As of March 31, 2010 Contract amount Fair value Exchange forward contracts Selling Canadian Dollar Selling British Pound Non-deliverable forward contracts Selling South Korean Won Currency options Written call...

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    ... Millions ¥ $ U.S. Dollars in Thousands Years ended March 31, 2010 2009 2010 a . Service cost b . Interest cost c . Expected return on plan assets d . Amortization of actuarial difference e . Amortization of prior service cost f . Retirement benefit cost g . Other h . Total [Note] ¥1,575...

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    ... $ U.S. Dollars in Thousands As of March 31, 2010 2009 2010 Deferred tax assets: Research and development expenses Inventory - write-downs and elimination of unrealized profit Other accounts payable and accrued expenses Loss on valuation of investment securities Provision for retirement bene...

  • Page 47
    ...companies Japanese Yen in Millions ¥ Year ended March 31, 2010 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...

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    ...Consolidated Financial Statements Years ended March 31, 2010 and 2009 $ U.S. Dollars in Thousands Year ended March 31, 2010 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...

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    ... Share Information Japanese Yen ¥ $ U.S. Dollars Years ended March 31, 2010 2009 2010 Net assets per share Net income per share ¥10,450.33 1,787.84 ¥9,804.97 2,182.32 $112.36 19.22 Diluted earnings per share are omitted as no residual securities were outstanding as of March 31, 2010...

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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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    ... Kyoto Audit Corporation Kyoto, Japan Contact Information Investors Relations Nintendo Co., Ltd. General Accounting and Control Department Investors Relations Group 11-1, Kamitoba Hokotate-cho, Minami-ku, Kyoto 601-8501, Japan Tel : 81-75-662-9614 E-mail: [email protected] Corporate Communications...

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