Nintendo 2012 Annual Report Download
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Table of contents
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Page 1
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© 2 012 Pokémon. ©19 95-2 012 Nintendo/Creatures Inc./GAME FREAK inc.
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Page 12
TM and ® are trademarks of Nintendo. Trademarks registered in Japan or other countries. ©2012 Nintendo
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Page 13
... to offer software and services that take advantage of the unique features of Nintendo 3DS and strive to accelerate the sales pace of the Nintendo 3DS systems.
We plan to release the Wii U system, the successor of Wii , in the year-end sales season of 2012. Wii U has a new controller named the Wii...
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Page 14
...Lite
Software:
151.52
million units
900.31
million units
Nintendo DSi
Nintendo DSi XL
Nintendo 3DS
Hardware:
Software:
17.13
million units
45.42
million units
The numbers shown above are worldwide consolidated sales in units life-to-date and the software units include the quantity bundled...
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Page 15
... c./GA M E F REA K i n c.
Nintendo 3DS 5.84 5.24 2.70
©2011 N i nt endo.
©2011 Nintendo.
© 2 0 1 1 Ni n te n ...numbers shown above are worldwide consolidated sales in units life-to-date and include the quantity bundled with hardware. Titles and package images shown above are for the U.S. market...
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Page 16
...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 to succeed bowling as a major...
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Page 17
... Multi-Screen
1989 Game Boy
1995 Virtual Boy
1980
1990
1986 Started selling the Family Computer Disk Drive System to expand the functions of the Family Computer System in Japan. Released NES in Europe. 1987 Released the Legend of Zelda for NES in the U.S. 1988 On-line stock brokerage services...
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Page 18
... Game Boy Advance SP, equipped with front-lit screen, rechargeable lithium-ion battery, and compact folding design. Began Nintendo's online membership service, Club Nintendo, in Japan. 20 04 Nintendo DS, the hand-held gaming device that opens up a new style of entertainment with its dual screens...
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... / Stock Price Information Analysis of Operations and Financial Review Report of Independent Auditor Consolidated Balance Sheets Consolidated Statements of Income Consolidated Statements of Comprehensive Income Consolidated Statements of Changes in Net Assets Consolidated Statements of Cash Flows...
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Page 21
...
The preceding table sets forth the highest and lowest sale prices during the years ended March 31, 2012 and 2011 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.
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Page 22
... of all dedicated game platforms. As for the Nintendo 3DS software, there were some hit titles, which were not only the key Nintendo titles such as SUPER MARIO 3D LAND and Mario Kart 7 but also third-party titles. While the Japanese sales of the Nintendo 3DS software grew, in Europe and the United...
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Page 23
... share. c. Due to the nature of Nintendo products, it may become difï¬cult to develop or sell the products as planned and the original plan could differ to a large extent. •Product valuation and adequate inventory procurement Products in the video game industry have relatively short life cycles...
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Page 24
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 ...
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Page 25
Report of Independent Auditor
To the Board of Directors of Nintendo Co., Ltd.
We have audited the accompanying consolidated ï¬nancial statements of Nintendo Co., Ltd. and its subsidiaries, which comprise the consolidated balance sheets as at March 31, 2012, and the consolidated statements of income...
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Page 26
Consolidated Balance Sheets
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands (Note 1)
As of March 31,
2012
2011
2012
Assets
Current assets Cash and deposits Notes and accounts receivable-trade Short-term investment securities Inventories (Note 5 A) Deferred tax assets Other Allowance ...
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Page 27
... Treasury stock Total shareholders' equity Accumulated other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total accumulated other comprehensive income Minority interests Total net assets Total liabilities and net assets
10...
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Consolidated Statements of Income
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands (Note 1)
Years ended March 31,
2012
2011
2012
Net sales Cost of sales (Notes 6 A, C) Gross proï¬t Selling, general and administrative expenses (Notes 6 B, C) Operating income (loss) Non-operating ...
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Page 29
Consolidated Statements of Comprehensive Income
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands (Note 1)
Years ended March 31,
2012
2011
2012
Income (loss) before minority interests Other comprehensive income Valuation difference on available-for-sale securities Foreign currency ...
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Consolidated Statements of Changes in Net Assets
Japanese Yen in Millions
Â¥
Years ended March 31, 2012 and 2011
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total Valuation difference Foreign currency Total accumulated shareholders' on available-for-sale translation other ...
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Page 31
... payable-trade Increase (decrease) in accrued consumption taxes Other, net Sub-total Interest and dividends income received Interest expenses paid Income taxes paid Net cash provided by (used in) operating activities Net cash provided by (used in) investing activities Payments into time deposits...
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Page 32
... that the Japanese yen amounts actually represent, have been or could be converted into U.S. dollars at this or any other rate of exchange. The accompanying consolidated ï¬nancial statements are not intended to present the consolidated ï¬nancial position, results of operations and cash ï¬,ows in...
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Page 33
... balance sheet by the write-down of inventories due to decreased proï¬tability of assets.
D. Property, Plant and Equipment
The Company and its domestic consolidated subsidiaries compute depreciation by the declining balance method over the estimated useful lives except for certain tools, furniture...
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Page 34
... goods," "Work in process" and "Raw materials and supplies" are presented in the following "Note 5. Note to Consolidated Balance Sheets."
B. Consolidated Statements of Cash Flows
Effective as of the consolidated accounting period ended March 31, 2012, "Purchase of short-term investment securities...
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Page 35
... March 31, 2012.
Note 5. Note to Consolidated Balance Sheets
A. Inventories
Inventories as of March 31, 2012 and 2011 were as follows:
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands
As of March 31,
2012
2011
2012
Finished goods Work in process Raw materials and supplies
Â¥71,034...
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Page 36
...Consolidated Financial Statements
Note 6. Note to Consolidated Statements of Income
A. Valuation Losses on Goods
Losses incurred from the application of the write-down of inventories due to decreased proï¬tability of assets and charged to "Cost of sales" for the years ended March 31, 2012 and 2011...
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Page 37
... 7. Note to Consolidated Statements of Comprehensive Income
Reclassiï¬cation adjustments and tax effects related to other comprehensive income
Year ended March 31, 2012
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands
Valuation difference on available-for-sale securities Amount arising...
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Page 38
Notes to Consolidated Financial Statements
Note 8. Note to Consolidated Statements of Changes in Net Assets
Number of outstanding shares
As of April 1, 2011 Increase in the number of shares Decrease in the number of shares As of March 31, 2012
Common stock
141,669,000
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141,669,000
As of ...
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Page 39
... Statements of Cash Flows
"Cash and cash equivalents at end of year" were reconciled to "Cash and deposits" in the accompanying consolidated balance sheets as of March 31, 2012 and 2011 as follows:
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands
As of March 31,
2012
2011
2012
Cash...
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Page 40
...foreign currency exchange risk and market risk. The Company and its consolidated subsidiaries closely monitor the market value of such bonds and the ï¬nancial position of the issuer and review the status of these investments on a regular basis. Investment securities include stocks of companies with...
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Page 41
... stocks (Â¥5,488 million or $66,935 thousand and Â¥6,188 million in the consolidated balance sheets for the years ended March 31, 2012 and 2011, respectively) which do not have market prices and of which future cash ï¬,ows cannot be estimated are not included in "Short-term investment securities...
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..., 2011
Cash and deposits Notes and accounts receivable-trade Short-term and long term investment securities Held-to-maturity debt securities Certiï¬cate of deposits Money held in trust Corporate and government bonds Other investment securities with maturity Corporate and government bonds Total...
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Page 43
... 31, 2012 and 2011 were as follows:
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands Difference Book value Fair value Difference
As of March, 2012
Book value
Fair value
Securities whose fair value exceed their book value on the accompanying consolidated balance sheets Securities whose...
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Page 44
Notes to Consolidated Financial Statements
Other securities as of March 31, 2012 and 2011 were as follows:
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands Difference Book value Acquisition cost Difference
As of March, 2012
Book value
Acquisition cost
Securities whose book value on the...
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Page 45
... of March 31, 2012
Contract amount
Fair value
Exchange forward contracts Selling Canadian Dollar Non-deliverable forward contracts Selling South Korean Won Currency options Written call options Euro (Premium) Australian Dollar (Premium) Purchased put options Euro (Premium) Total
[Note]
Â¥94 7 82...
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... and 2011 were as follows:
Japanese Yen in Millions
Â¥
$
U.S. Dollars in Thousands
As of March 31,
2012
2011
2012
a . Retirement beneï¬t obligation b . Plan assets c . Unfunded retirement beneï¬t obligation d . Net pension liability recognized in the accompaying consolidated balance sheets...
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Page 47
... payable and accrued expenses Inventory - write-downs and elimination of unrealized proï¬t Accumulated depreciation expenses Loss on valuation of investment securities Other Gross deferred tax assets Valuation allowance Total deferred tax assets Deferred tax liabilities: Undistributed retained...
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Page 48
... handheld and home console hardware machines and related software. Development and manufacturing of products for worldwide use are primarily done by the Company. The Company distributes products in Japan while distribution in overseas markets is done by each local subsidiary. Nintendo operates as...
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Page 49
... for over 10% of sales in the consolidated ï¬nancial statements of income within sales to third parties.
F. Information about impairment loss of ï¬xed assets in reportable segments
The information was omitted as Nintendo operates as a single operating segment.
G. Information about goodwill in...
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Notes to Consolidated Financial Statements
Note 20. Related Party Transactions
Not applicable.
Note 21. Per Share Information
Japanese Yen
Â¥
$
U.S. Dollars
Years ended March 31,
2012
2011
2012
Net assets per share Net income (loss) per share
¥9,313.15 ¥(337.86)
¥10,022.26 ¥606.99
$...
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Page 51
... ($39 thousand) is with no interest. "Long-term loans payable due after one year" is with no interest. The average interest rates of lease obligations are omitted as the interests equivalent included in total lease payments are allocated to each consolidated ï¬scal year by straight-line basis...
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Notes to Consolidated Financial Statements
Note 26. Others
Quarterly information of the consolidated ï¬scal year ended March 31, 2012 was as follows:
Year-to-date
Japanese Yen in Millions
Â¥
As of the quarter ended
June 30
September 30
December 31
March 31
Net sales Loss before income ...
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Page 53
... inc.
Independent Auditor
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]...
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© 2 0 12 N i n t e n d o
© 2 0 0 7 - 2 012 N i n t e n d o
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The Wii U information shown here was disclosed at E3 (Electronic Entertainment Expo), the video game expo held in the U.S. in June 2 012.
© 2 0 12 N i n t e n d o
© 2 0 12 N i n t e n d o
GAME & WARIO
©2012 Nintendo Codeveloped by INTELLIGENT SYSTEMS
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