Transition from a Employees' Pension Fund system to a defined benefit retirement plan
First written in FY2017-Q2. 6 of 8 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted a funded defined benefit plan to provide employee retirement benefits.」
The funded defined benefit plan introduced following the transition from the Employees' Pension Fund continues as the current plan. - FY2019RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted a funded defined benefit plan to provide employee retirement benefits.」
The funded defined benefit plan introduced following the transition from the Employees' Pension Fund continues as the current plan. - FY2019-Q3RestatedAnnual report
「Reversal gain on transition loss for retirement benefit plan - 88,653」
The Company continues to recognize a reversal gain of ¥88.653 million on losses related to the transition to the retirement benefit plan as an extraordinary gain during the cumulative third quarter. - FY2019-Q2Recognition of reversal gain on transition lossAnnual report
「Reversal gain on transition loss for retirement benefit plan - 88,653」
During the cumulative second quarter, the Company recognized a reversal gain of ¥88.653 million on losses previously recognized in connection with the transition from the Employees' Pension Fund system. - FY2018RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted a funded defined benefit plan to provide employee retirement benefits.」
The funded defined benefit plan introduced following the transition from the Employees' Pension Fund continues as the current plan. - FY2017RestatedAnnual report
「The East Japan Refrigeration and Air-Conditioning Employees' Pension Fund, a multi-employer plan in which the Company and certain consolidated subsidiaries participate, was dissolved on 25 September 2016. As a replacement, the Company and certain consolidated subsidiaries implemented a new defined benefit retirement plan from the same date,」
The annual report also reconfirms the dissolution of the Employees' Pension Fund and the implementation of a new defined benefit retirement plan from 25 September 2016. - FY2017-Q3RestatedAnnual report
「The East Japan Refrigeration and Air-Conditioning Employees' Pension Fund, a multi-employer plan in which the Company and certain consolidated subsidiaries participate, was dissolved on 25 September 2016. As a replacement, the Company and certain consolidated subsidiaries implemented a new defined benefit retirement plan from the same date. A difference has arisen between the retirement benefit obligation relating to the fund-specific additional benefits resulting from the deterioration in the fund's financial condition and the amount expected to be distributed by the fund.」
The Company reconfirms the dissolution of the Employees' Pension Fund and the implementation of a new defined benefit retirement plan from 25 September 2016. - FY2017-Q2First statedAnnual report
「The Company and certain consolidated subsidiaries have operated a defined benefit retirement plan since 25 September 2016 as a replacement for the Employees' Pension Fund system they had previously adopted, following approval of the fund's dissolution on that date.」
The Company disclosed as a material subsequent event the implementation, from 25 September 2016, of a defined benefit retirement plan as a replacement following approval of the dissolution of the Employees' Pension Fund.