Balance Sheet: March 31, 2020

The balance sheet of Koei Tecmo Wave as of March 31, 2020 presents total assets of ¥2,581 million and a corresponding liability‑and‑equity balance. Current assets amount to ¥1,916 million, dominated by cash and deposits (¥124 million) and accounts receivable (¥186 million). Inventories, including finished goods and work‑in‑process, total ¥36 million. Current liabilities stand at ¥588 million, with accounts payable and accrued expenses comprising the bulk.

Fixed assets total ¥665 million, split between tangible property (¥253 million) and intangible items such as software licenses. The company’s equity base is ¥1,993 million, comprising a paid‑in capital of ¥1,995 million and accumulated surplus of ¥998 million. Net income for the period is reported at ¥303 million, contributing to retained earnings.

Key accounting policies include fair‑value measurement for marketable securities with gains and losses recorded directly in equity, cost‑based inventory valuation using weighted average for goods, specific identification for work‑in‑process, and last‑purchase cost for finished goods. Depreciation of tangible assets follows a mix of declining balance and straight‑line methods, while intangible assets use straight‑line amortization over a five‑year useful life. Provisioning for doubtful accounts, employee and executive bonuses, and pension obligations is based on historical loss rates or actuarial estimates.

The financial statements cover the Japanese domestic market, reflecting operations up to the fiscal year ending March 31, 2020. Data are presented in Japanese yen, with amounts rounded down to the nearest million yen.