Transfer of Part of a Defined Benefit Corporate Pension Plan to a Defined Contribution Corporate Pension Plan
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
21 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Effective 1 April 2019, the company transferred part of its defined benefit corporate pension plan to a defined contribution corporate pension plan and accounted for the transferred portion as a partial termination of the retirement benefit plan. Accordingly, the company recognized a ¥750 million gain on revision of retirement benefit plans as extraordinary income in the first nine months of the fiscal year.」
The company is disclosing again the 1 April 2019 transfer of part of its pension plan and the recognition of a ¥750 million gain on revision of retirement benefit plans. - FY2020-Q2RestatedAnnual report
「Effective 1 April 2019, the company transferred part of its defined benefit corporate pension plan to a defined contribution corporate pension plan and accounted for the transferred portion as a partial termination of the retirement benefit plan. Accordingly, the company recognized a ¥750 million gain on revision of retirement benefit plans as extraordinary income in the first six months of the fiscal year.」
The company is disclosing again the 1 April 2019 transfer of part of its pension plan and the related recognition of a ¥750 million gain on revision of retirement benefit plans. - FY2020-Q1First statedAnnual report
「Effective 1 April 2019, the company transferred part of its defined benefit corporate pension plan to a defined contribution corporate pension plan. As a result, it applied the accounting treatment for transfers and other changes between retirement benefit plans and the practical guidance on accounting treatment for transfers and other changes between retirement benefit plans, and accounted for the transferred portion as a partial termination of the retirement benefit plan. Accordingly, the company recognized a ¥750 million gain on revision of retirement benefit plans as extraordinary income in the first three months of the fiscal year.」
Effective 1 April 2019, the company transferred part of its defined benefit corporate pension plan to a defined contribution corporate pension plan and recognized a ¥750 million gain on revision of retirement benefit plans in connection with the related accounting treatment.