Adoption of Rules Governing Directors’ Retirement Benefits and Recognition of a Provision
First written in FY2025-H1. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026-H1.
2 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Change in provision for directors’ retirement benefits (△ indicates a decrease) 190,391 7,462」
The company continues to recognize a provision based on the directors’ retirement benefits rules, and the provision for directors’ retirement benefits increased by ¥7.462 million during the current interim accounting period. - FY2025AdvancedAnnual report
「The amount of directors’ retirement benefits is determined based on the directors’ retirement benefits rules.」
The determination of payments and recognition of the provision based on the directors’ retirement benefits rules were implemented as part of the full-year compensation system and accounting treatment, with ¥198.291 million recognized as the expense for the provision for directors’ retirement benefits. - FY2025-H1First statedAnnual report
「Following the adoption of the directors’ retirement benefits rules, the amount payable at the end of the period under the internal rules has been recognized as a provision for directors’ retirement benefits from the current interim accounting period. As a result, the provision for directors’ retirement benefits increased by ¥190.391 million from the previous fiscal year, and selling, general and administrative expenses for the current interim accounting period increased by ¥192.391 million. Operating profit, ordinary profit and interim net income before income taxes each decreased by ¥192.391 million.」
The company adopted directors’ retirement benefits rules and, for the first time, disclosed its policy of recognizing a provision for the amount payable at the end of the period from the current interim accounting period. It also disclosed the resulting increase in selling, general and administrative expenses and the impact on profit.