Consolidated Balance Sheets

Nintendo

As of March 31,
Assets
Total 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 (Note 6 A)
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
Land
Construction in progress
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities (Note 6 B)
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets

As of March 31,
Liabilities
Total liabilities
Current liabilities
Notes and accounts payable-trade
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Noncurrent liabilities
Provision for retirement benefits
Other
Total noncurrent liabilities
Shareholders equity
Other accumulated comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other accumulated comprehensive income
Minority interests
Total net assets

Current assets/Current liabilities = Current Ratio (LIQUIDITY RATIO)

Operating profit/Revenue = Profit margin on revenue (PROFATIBILITY RATIO)
Profit of the year/Total assets = Return on Total Assets (PROFATIBILITY RATIO)
Profit of the year/Equity = Return on Equity (PROFATIBILITY RATIO)

Vertical Analysis

Japanese Yen in Millions

Horizontal Analysis

2011

Amount of
Change

2010

% of change

1634297

100

1760986

100

-126689

-7.194208245

812870
135689
358206
85205
438
7069
27620
42362
-756
1468706

49.73821
8.302591
21.91805
5.213557
0.026801
0.432541
1.690023
2.592063
-0.04626
89.86775

886995
131876
365326
116055
90
8528
35193
48389
-1067
1591388

50.36922
7.488759
20.74554
6.590342
0.005111
0.484274
1.998483
2.747836
-0.06059
90.36915

-74125
3813
-7120
-30850
348
-1459
-7573
-6027
311
-122682

-8.356867852
2.891352483
-1.948944231
-26.58222395
386.6666667
-17.10834897
-21.51848379
-12.45531009
-29.14714152
-7.709119335

27124
4851
5787
41606
1494
80864

1.659674
0.296825
0.354097
2.545804
0.091415
4.947938

16037 0.910683
1797 0.102045
5259 0.29864
42488 2.412739
14003 0.79518
79586
4.5194

11087
3054
528
-882
-12509
1278

69.13387791
169.9499165
10.03993155
-2.075880249
-89.33085767
1.605810067

3553 0.217402
1986 0.12152
5539 0.338922

949 0.05389
3162 0.179558
4111 0.233449

2604
-1176
1428

274.3940991
-37.19165085
34.73607395

-5829
-912
14
13
-6712
-4007

-13.23058765
-2.538339503
0.236247047
-100
-7.813827868
-2.362645786

38228
35017
5940
0
79187
165591

2.33911
2.142634
0.363459
4.845325
10.13225

44057
35929
5926
-13
85899
169598

2.501837
2.040277
0.336516
-0.00074
4.877892
9.630855

2011

2010

352435

100

424401

100

-71966

-16.95707597

214646
32301
2431
83922
333301

60.90371
9.165094
0.689773
23.81205
94.57091

264613
55666
2174
85082
407537

62.34976
13.11637
0.512251
20.04755
96.0264

-49967
-23365
257
-1160
-74236

-18.88304807
-41.97355657
11.82152714
-1.363390611
-18.21576937

11647 3.304723
7486 2.12408
19134 5.429086

9924 2.338355
6939 1.63501
16863 3.973365

1723
547
2271

17.36195083
7.882980257
13.46735456

10065 2.855846

10065 2.371578

-27434
-30012
50
-54724
-126689
-54724

47.48174045
53.4811198
28.73563218
-4.094314989
-7.194208245
-4.094314989

-85212
-86129
224
1281861
1634297
1281861

4.406545435
16.86566208
4.749503915
771.1972181

-24.1781
-24.4383
0.063558
363.7156
463.7159
363.7156

-57778
-56117
174
1336585
1760986
1336585

3.904892071
24.85887483
12.98335137
2271.584699

-13.614
-13.2226
0.040999
314.9345
414.9345
314.9345

Consolidated Statements of Income

Nintendo

Vertical Analysis
Japanese Yen in Millions

Years ended March 31,

2011

Net sales
Cost of sales (Notes 7 A, C)
Gross profit
Selling, general and administrative expenses (Notes 7 B,C)
Operating income
Non-operating income
Interest income
Other
Total non-operating income
Non-operating expenses
Sales discounts
Loss on redemption of securities
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Reversal of allowance for doubtful accounts
Gain on sales of noncurrent assets (Note 7 D)
Gain on sales of investment securities
Gain on prior periods adjustment (Note 7 F)
Total extraordinary income
Extraordinary loss
Loss on disposal of noncurrent assets (Note 7 E)
Loss on sales of investment securities
Loss on valuation of investment securities
Loss on prior periods adjustment (Note 7 G)
Total extraordinary losses
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income (loss)

1014345

100

626379
387965
216889
171076

61.752067
38.247835
21.382173
16.865662

6870 0.6772844
1731 0.170652
8602 0.8480349
479 0.0472226
49429
1667
51577
128101

4.8729969
0.1643425
5.0847591
12.628938

56 0.0055208
105 0.0103515
24 0.0023661
186

0.018337

30 0.0029576
0
322 0.0317446
353
127934
41627
8634
50262
77671
50

0.0348008
12.612474
4.1038306
0.8511897
4.9551188
7.6572567
0.0049293

Net income

77621 7.6523274

Vertical Analysis

n in Millions

Horizontal Analysis
Amount
of Change % of change

2010
1434365

100

-420020

-29.28264424

859131
575234
218666
356567

59.896261
40.103739
15.244795
24.858875

-232752
-187269
-1777
-185491

-27.09156112
-32.55527316
-0.812654917
-52.02135924

8512 0.5934333
2570 0.1791734
11082 0.7726067

-1642
-839
-2480

-19.29041353
-32.6459144
-22.37863202

587
2131
204
401
3325
364324

0.040924
0.1485675
0.0142223
0.0279566
0.2318099
25.399672

-108

-18.39863714

49225
1266
48252
-236223

24129.90196
315.7107232
1451.18797
-64.83871499

1207 0.0841487
126 0.0087844

-1151
-21

-95.36039768
-16.66666667

4065 0.2834007
5399 0.3764035

-5213

-96.55491758

67 0.0046711

-37

-55.2238806

0.1544237
0.1590948
25.61705
9.5037874
0.1795917
9.6834488

-1929
-239508
-94692
6058
-88634

-84.53111306
-65.18253221
-69.46353773
235.1708075
-63.81321276

-89 -0.0062048

139

-156.1797753

2215
2282
367442
136319
2576
138896
-

228635 15.939806

-151014

-66.05025477

See accompanying notes to consolidated financial statements.

Consolidated Statements of Comprehensive Income

Japanese Yen in Millions

Years ended March 31,
Income before minority interests

2011
77,671 -

Other comprehensive income

Valuation difference on available-for-sale securities
Foreign currency translation adjustment

(2,582) (27,433) -

Share of other comprehensive income of associates

accounted for using equity method
Total other comprehensive income (Note 8 B)
Comprehensive income (Note 8 A)

3 (30,012) 47,659 -

(Comprehensive income attributable to)

Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests
See accompanying notes to consolidated financial statements.

47,608 50 -

2010

$
U.S. Dollars in Thousands (Note 1)
2011
$935,806

(31,112)
(330,527)

41
(361,598)
574,208

573,602
$606