Transfer of Part of Defined Benefit Pension Plan to Defined Contribution Pension Plan
First written in FY2016. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019.
46 other companies' latest entry also says "Achieved".
- FY2019AchievedAnnual report
「The asset transfer amount to the defined-contribution pension plan in connection with the partial transfer from the defined-benefit corporate pension plan was ¥259.489 million, and was scheduled to be transferred over four years. The ¥14.587 million not yet transferred at the end of the previous consolidated fiscal year was recorded as accounts payable. There was no amount remaining to be transferred at the end of the current consolidated fiscal year.」
The ¥259.489 million asset transfer to the defined-contribution pension plan had been completed by the end of the consolidated fiscal year. - FY2018AdvancedAnnual report
「The Company and its domestic consolidated subsidiaries participated in the Osaka Pharmaceutical Industry Employees' Pension Fund as a multi-employer plan. Following the fund's receipt of approval for dissolution from the Minister of Health, Labour and Welfare on 28 March 2018, the company transferred to a defined-contribution pension plan and contributed to that plan the shortfall between the assumed distribution from the fund after its dissolution and the required amount.」
Following approval for dissolution of the employees' pension fund, the company transferred to a defined-contribution pension plan and contributed the shortfall. The asset transfer amount was ¥259.489 million, to be transferred over four years. - FY2016First statedAnnual report
「The Company and its domestic consolidated subsidiaries partially transferred from a defined-benefit corporate pension plan to a defined-contribution pension plan on 1 December 2015.」
In connection with the partial transfer between the plans, the company recognized an extraordinary gain of ¥113 million and plans to transfer ¥259 million in assets over four years.