Change in the Amortization Period for Actuarial Differences Relating to Retirement Benefits
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
9 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Regarding the period over which actuarial differences arising from accounting for retirement benefits are expensed, the Group had previously expensed them over a specified number of years within the employees' average remaining service period, primarily 14 years. As the average remaining service period fell below that period, the Group changed the expense recognition period primarily to 11 years from the first quarter of the consolidated fiscal year.」
The accounting estimate involving the change in the expense recognition period for actuarial differences from primarily 14 years to 11 years was disclosed again, with the impact on profit or loss for the first nine months of the current fiscal year stated as immaterial. - FY2020-Q2RestatedAnnual report
「Regarding the period over which actuarial differences arising from accounting for retirement benefits are expensed, the Group had previously expensed them over a specified number of years within the employees' average remaining service period, primarily 14 years. As the average remaining service period fell below that period, the Group changed the expense recognition period primarily to 11 years from the first quarter of the consolidated fiscal year.」
The accounting estimate involving the change in the expense recognition period for actuarial differences from primarily 14 years to 11 years was disclosed again, with the impact on profit or loss stated as immaterial. - FY2020-Q1First statedAnnual report
「Regarding the period over which actuarial differences arising from accounting for retirement benefits are expensed, the Group had previously expensed them over a specified number of years within the employees' average remaining service period, primarily 14 years. As the average remaining service period fell below that period, the Group changed the expense recognition period primarily to 11 years from the first quarter of the current consolidated fiscal year.」
As the average remaining service period fell below the previous expense recognition period, the expense recognition period for actuarial differences was changed from primarily 14 years to 11 years. The disclosure stated that the impact on profit or loss was immaterial.