Dissolution of the employees' pension fund and transition to a defined benefit corporate pension plan
First written in FY2018. 1 of 6 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「The Company had participated in the National Electronic Information Technology Industry Employees' Pension Fund. The fund resolved to dissolve at the representatives' meeting held on 5 December 2017, obtained approval for dissolution from the Minister of Health, Labour and Welfare effective 31 March 2018, and was dissolved. The liquidation procedures were completed during the current consolidated fiscal year.」
Following the dissolution of the employees' pension fund, the liquidation procedures were completed and ¥32.662 million of the provision for employees' pension fund dissolution losses was reversed. - FY2021-Q3Recognition of a reversal of the provision for employees' pension fund dissolution lossesAnnual report
「Provision for employees' pension fund dissolution losses 76,676 － Reversal of provision for employees' pension fund dissolution losses － 32,662」
The balance of the provision for employees' pension fund dissolution losses decreased from ¥76.676 million at the end of March 2020 to zero at the end of December 2020, and ¥32.662 million was recognized as an extraordinary gain from the reversal during the cumulative third-quarter period. - FY2020Full-year impact of the introduction of the defined contribution pension plan confirmedAnnual report
「The Company newly introduced a defined contribution corporate pension plan effective 1 April 2019.」
The introduction of the defined contribution corporate pension plan was recognized as a ¥188.952 million full-year loss on the revision of the retirement benefit plan, with the impact of the transition reflected in the full-year financial figures. - FY2020-Q1Recognition of a loss on revision of retirement benefit plans associated with the introduction of a defined contribution pension planAnnual report
「Profit attributable to owners of the parent was ¥311 million, down 48.6% year on year, because a loss on the revision of the retirement benefit plan associated with the introduction of a defined contribution pension plan was recognized as an extraordinary loss.」
Following the dissolution of the employees' pension fund and the transition to a defined benefit corporate pension plan, the Company recognized ¥188.952 million as an extraordinary loss in the first quarter for the revision of its retirement benefit plan associated with the introduction of a defined contribution pension plan. - FY2019Reduction in the benefit rate after the transition and recognition of a provision for dissolution lossesAnnual report
「During the current consolidated fiscal year, the Company revised its retirement benefit plan and reduced the benefit rate under its defined benefit corporate pension plan.」
In addition to continuing the dissolution and liquidation of the employees' pension fund and the transition to a defined benefit corporate pension plan, the Company reduced the benefit rate during the fiscal year and recognized ¥76.676 million as an expense for the provision for employees' pension fund dissolution losses. - FY2018First statedAnnual report
「The employees' pension fund resolved to dissolve at the representatives' meeting held on 5 December 2017, obtained approval for dissolution from the Minister of Health, Labour and Welfare effective 31 March 2018, and was dissolved. Liquidation procedures are currently underway. In connection with this, the Company is transitioning to a defined benefit corporate pension plan.」
The disclosure describes approval for the dissolution and liquidation procedures of the National Electronic Information Technology Industry Employees' Pension Fund, together with the resulting transition to a defined benefit corporate pension plan.