Risk of additional burdens associated with the dissolution and liquidation of the employees’ pension fund
First written in FY2016. 21 of 23 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2021: 1 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2024-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2023-Q3RestatedAnnual report
「During the first three quarters of the current consolidated fiscal year, there were no new occurrences or material changes in the major risks that management recognizes as potentially having a material effect on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in this quarterly report, or in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No occurrence or material change has been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2023-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2023-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2022-Q3RestatedAnnual report
「During the first three quarters of the current consolidated fiscal year, there were no new occurrences or material changes in the major risks that management recognizes as potentially having a material effect on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial conditions described in this quarterly report, or in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No occurrence or material change has been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2022-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2022-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2017MitigatedAnnual report
「The Nagano Prefecture Construction Industry Employees' Pension Fund, a multi-employer plan in which we participated, resolved at its delegates' meeting held in May 2013 to pursue dissolution. It obtained approval from the Minister of Health, Labour and Welfare on 31 May 2016 and was dissolved on that date. The expenses borne by us in connection with the fund's dissolution were finalized during the current consolidated fiscal year. Accordingly, disclosure relating to multi-employer plans has been omitted.」
The costs borne by us in connection with the dissolution of the Employees' Pension Fund were finalized, and disclosure of the previous risk of additional costs has ended. In addition, reversal income from provisions of ¥256.489 million was recognized. - FY2018-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2017-Q4RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. In addition, there were no material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
No new occurrences or material changes have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2017-Q3RestatedAnnual report
「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes from the previous fiscal year's disclosure have been identified regarding the risk of additional costs associated with the dissolution and liquidation of the Employees' Pension Fund. - FY2016First statedAnnual report
「The fund was dissolved on 31 May 2016 after obtaining approval from the Minister of Health, Labour and Welfare. Detailed procedures toward liquidation are currently under way. As a result, there is a risk that expenses associated with the dissolution of the fund will arise.」
The fund has been dissolved and is undergoing liquidation, but the amount of costs associated with the dissolution contains many uncertainties and is considered difficult to calculate reasonably. Our group accounted for 5.03% of total contributions under the system.