Retirement Benefit Obligations and Pension Investment Risk
First written in FY2017. 9 of 23 entries say "Worsened", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 20 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Net amount of liabilities and assets recognized on the consolidated balance sheet △1,810 — △7,136 —」
The net amount of liabilities and assets related to retirement benefits changed from liabilities exceeding assets by ¥1.810 billion in the previous fiscal year to assets exceeding liabilities by ¥7.136 billion in the current fiscal year. - FY2025MitigatedAnnual report
「Net amount of liabilities and assets recognized on the consolidated balance sheet ¥657 million △¥1.810 billion」
The net amount of liabilities and assets related to retirement benefits changed from liabilities exceeding assets by ¥657 million in the previous fiscal year to assets exceeding liabilities by ¥1.810 billion in the current fiscal year. - FY2025-H1WorsenedAnnual report
「Liabilities related to retirement benefits 657 1,117」
Liabilities related to retirement benefits increased from ¥657 million at the end of the previous fiscal year to ¥1.117 billion at the end of the interim period. - FY2024MitigatedAnnual report
「Liabilities related to retirement benefits 5,366 657」
Liabilities related to retirement benefits decreased substantially from ¥5.366 billion at the end of the previous fiscal year to ¥657 million. - FY2024-Q3Increase from the previous quarterAnnual report
「Liabilities related to retirement benefits 5,366 5,178」
Liabilities related to retirement benefits were below the ¥5.366 billion recorded at the end of the previous fiscal year, but increased from ¥4.766 billion at the end of the previous quarter to ¥5.178 billion. - FY2024-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 5,366 4,766」
Liabilities related to retirement benefits decreased from ¥5.366 billion at the end of the previous fiscal year to ¥4.766 billion. - FY2024-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 5,366 5,815」
Liabilities related to retirement benefits increased from ¥5.366 billion at the end of the previous fiscal year to ¥5.815 billion at the end of the first quarter. - FY2023WorsenedAnnual report
「Liabilities related to retirement benefits 5,074 5,366」
Liabilities related to retirement benefits increased from ¥5.074 billion at the end of the previous fiscal year to ¥5.366 billion. - FY2023-Q3MitigatedAnnual report
「Liabilities related to retirement benefits 5,074 4,975」
Liabilities related to retirement benefits decreased from ¥5.074 billion at the end of the previous consolidated fiscal year to ¥4.975 billion. - FY2023-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 5,074 4,576」
Liabilities related to retirement benefits decreased from ¥5.074 billion at the end of the previous consolidated fiscal year to ¥4.576 billion. - FY2023-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 5,074 5,563」
Liabilities related to retirement benefits increased from ¥5.074 billion at the end of the previous consolidated fiscal year to ¥5.563 billion at the end of the first quarter. - FY2022-Q3Increase from the previous quarterAnnual report
「Liabilities related to retirement benefits 5,892 5,828」
Liabilities related to retirement benefits decreased from ¥5.892 billion at the end of the previous fiscal year to ¥5.828 billion, but increased from ¥5.362 billion at the end of the previous quarter. - FY2022-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 5,892 5,362」
Liabilities related to retirement benefits decreased from ¥5.892 billion at the end of the previous consolidated fiscal year to ¥5.362 billion at the end of the second quarter. - FY2022-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 5,892 6,373」
Liabilities related to retirement benefits increased from ¥5.892 billion at the end of the previous fiscal year to ¥6.373 billion at the end of the first quarter. - FY2021MitigatedAnnual report
「Liabilities related to retirement benefits 7,874 5,892」
Liabilities related to retirement benefits decreased from ¥7.874 billion at the end of the previous fiscal year to ¥5.892 billion at the end of the current fiscal year. - FY2021-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 7,874 8,801」
Liabilities related to retirement benefits increased from ¥7.874 billion at the end of the previous consolidated fiscal year to ¥8.801 billion at the end of the third quarter, exceeding the ¥8.520 billion recorded at the end of the previous second quarter. - FY2021-Q2Decrease from the previous quarterAnnual report
「Liabilities related to retirement benefits 7,874 8,422」
Liabilities related to retirement benefits increased from ¥7.874 billion at the end of the previous consolidated fiscal year to ¥8.422 billion, but decreased from ¥8.520 billion at the end of the previous quarter. - FY2021-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 7,874 8,520」
Liabilities related to retirement benefits increased from ¥7.874 billion at the end of the previous consolidated fiscal year to ¥8.520 billion at the end of the current quarter. - FY2020-Q3Increase from the previous quarterAnnual report
「Liabilities related to retirement benefits 7,269 7,081」
Liabilities related to retirement benefits were below the ¥7.269 billion recorded at the end of the previous consolidated fiscal year, but increased from ¥6.710 billion at the end of the previous second quarter to ¥7.081 billion. - FY2020-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 7,269 6,710」
Liabilities related to retirement benefits decreased from ¥7.269 billion at the end of the previous consolidated fiscal year to ¥6.710 billion at the end of the second quarter. - FY2020-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 7,269 7,683」
Liabilities related to retirement benefits increased from ¥7.269 billion at the end of the previous consolidated fiscal year to ¥7.683 billion at the end of the current quarter. - FY2019WorsenedAnnual report
「Net amount of liabilities and assets recognized on the consolidated balance sheet 6,002 — 7,269 —」
The net amount of liabilities and assets related to retirement benefits increased from ¥6.002 billion in the previous fiscal year to ¥7.269 billion, increasing financial exposure related to retirement benefits. - FY2017First statedAnnual report
「The pension costs of our group have been increasing in recent years due to declining discount rates and deterioration in the performance of pension asset investments. However, a further decline in discount rates or deterioration in investment returns could adversely affect our group's operating performance and financial position.」
Pension costs have already increased due to the decline in discount rates and deterioration in pension asset investment performance, with further deterioration identified as a risk.