Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies Liquidity The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates realization of assets and the satisfaction of liabilities in the normal course of business. The Company incurred net losses during fiscal years 2012 and 2011, and as of December 31, 2012 and March 31, 2012 had working capital and shareholders' deficits. Starting in 2006, the Company had begun experiencing financial problems, which has caused it to become delinquent in repayment of a large portion of its debt. The Company does not have the financial resources or liquidity to repay the debt that is in default. Most of this debt has been in default for more than six years. During this period, the Company had worked with its lenders and in many cases has obtained forbearances and loan modifications that have allowed it to effectively extend the maturity of its debt through interest only and/or reduced principal payments, generally negotiated on a six month or annual basis. Lenders with whom the Company has not negotiated forbearances or loan modifications have accepted lower payments without bringing legal action or foreclosing on their security. Assuming the Company's lenders continue to accept payments at levels comparable to the payment levels during the past several years and do not initiate other collection or foreclosure actions, and assuming there is no material adverse change in the pachinko industry generally, the Company believes its business will generate sufficient cash from operations to pay its expenses when due for the next twelve months. However, at current levels, the Company is not generating sufficient cash flows to make any substantial reduction in its outstanding debt. The Company will attempt to renegotiate a substantial part of its debt to obtain the forgiveness of some amount of principal and accrued interest (including default interest) and/or the material extension of the maturity dates of the debt. The Company can provide no assurance that its lenders will agree to any of these changes or will not seek to collect their loans through litigation or foreclosure actions. There are no assurances that management will be successful in achieving sufficient cash flows to fund the Company's working capital needs, or whether the Company will be able to refinance or renegotiate its obligations when they become due or raise additional capital through future debt or equity. These factors raise substantial doubt about the Company's ability to continue as a going concern. No adjustments have been made to the carrying value of assets or liabilities as a result of this uncertainty. 5 Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("GAAP") for interim financial information and the instructions to Article 8 of Regulation S-X, and do not include all of the information and footnotes required by GAAP for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes of the Company for the years ended March 31, 2012 and 2011. The condensed consolidated financial statements as of December 31, 2012 and for the three and nine months ended December 31, 2012 and 2011 are unaudited; however, in the opinion of management these condensed consolidated financial statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented. The results of operations for the periods presented are not necessarily indicative of the results that might be expected for future interim periods or for the full year. The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. In October 2012, Kinbasha Japan changed its policy for termination benefits payable to its employees upon termination of employment. The effect of this change was to reduce other liabilities by $3.0 million, and the Company recognized a corresponding gain for the three and nine months ended December 31, 2012. The effect of this change in estimate also increased basic and diluted income per common share for the three and nine months ended December 31, 2012 by $0.24 per share. See Note 7. Foreign Currency Translation and Transaction Gains and Losses The Company records foreign currency translation adjustments and transaction gains and losses in accordance with ASC 830, Foreign Currency Matters. The functional currency of the Company and its subsidiaries is the Japanese yen. Gains and losses resulting from the translation of the functional currency into United States dollars for the condensed consolidated financial statement presentation are not included in determining net loss, but are included in determining comprehensive losses. The accumulated foreign currency translation adjustment account is also included as a separate component of shareholders' deficit. Transaction gains and losses, if any, in foreign currencies are reflected in operations. During the three and nine months ended December 31, 2012 and 2011, no foreign currency transaction gains or losses were experienced. The exchange rate as of December 31, 2012 was 85.88 yen to 1 dollar and the average rate was 79.96 yen to 1 dollar for the nine months then ended. The exchange rate as of December 31, 2011 was 77.40 yen to 1 dollar and the average rate was 78.88 yen to 1 dollar for the nine months then ended. Recently Adopted Accounting Pronouncements Comprehensive Income (Loss) In the quarter ended June 30, 2012, the Company adopted the provisions of ASC 220. Specifically, the new guidance requires an entity to present components of net income (loss) and other comprehensive income (loss) in one continuous statement, referred to as the statement of comprehensive income (loss), or in two separate, but consecutive statements. The new guidance eliminates the previous option to report other comprehensive income (loss) and its components in the statement of changes in equity. While the new guidance changed the presentation of comprehensive income (loss), there were no changes to the components that are recognized in net income (loss) or other comprehensive income (loss) under current accounting guidance. The adoption of the new guidance did not have a material impact on the Company's consolidated financial position, results of operations or cash flows. Fair Value Measurement In April 2011, the FASB issued new guidance to achieve common fair value measurement and disclosure requirements between GAAP and International Financial Reporting Standards. This new guidance amends fair value measurement and disclosure guidance to include increased transparency around valuation inputs and investment categorization. The new guidance was effective for fiscal years and interim periods beginning after December 15, 2011. As such, the Company adopted the new guidance in its quarter ended June 30, 2012. The Company's adoption of the new guidance did not have a material impact on the Company's condensed consolidated financial position, results of operations or cash flows. Goodwill Impairment In September 2011, the FASB issued new guidance simplifying how to test goodwill for impairment. Under the new guidance, entities may make a qualitative assessment of the likelihood of goodwill impairment in order to determine whether a detailed quantitative analysis is required. This new guidance was effective for fiscal years and interim periods beginning after December 15, 2011. As such, the Company adopted the new guidance in its quarter ended June 30, 2012. The Company's adoption of the new guidance did not have a material impact on its condensed consolidated financial position, results of operations or cash flows.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Kinbasha Gaming International, Inc. 10-Q