Increase in Retirement Benefit Obligations and Cost Burden
First written in FY2016. 2 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2023.
29 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「For the fiscal year ended March 2023, actuarial differences and other items related to retirement benefit accounting, primarily attributable to a change in the discount rate used to calculate retirement benefit obligations, amounted to ¥96.6 billion, representing a reduction in expenses.」
A ¥96.6 billion reduction in expenses resulted from the change in the discount rate and other factors, and liabilities related to retirement benefits also decreased from ¥193.7 billion in the previous fiscal year to ¥103.6 billion. - FY2022MitigatedAnnual report
「For the fiscal year ended March 2022, actuarial differences related to retirement benefit accounting, primarily attributable to gains on pension asset investments, including valuation gains, amounted to ¥52.0 billion, representing a reduction in expenses.」
Regarding retirement benefit risk, gains on pension asset investments resulted in a ¥52.0 billion reduction in expenses, and liabilities related to retirement benefits also decreased. - FY2016MaterialisedAnnual report
「Recorded an extraordinary loss of ¥84,959 million due to a change in the discount rate applied to retirement benefit obligations.」
The discount rate was changed mainly from 1.7% to 0.8%, and actuarial differences related to retirement benefit obligations are being recognized as expenses.