Risk from Changes in Assumptions Underlying Retirement Benefit Obligations
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021-Q3.
87 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「Operating profit declined, reflecting the impact of lower sales as well as higher labor costs resulting from the decline in pension assets caused by weak share prices at the end of March 2020.」
The decline in pension assets caused by weak share prices reduced operating profit through higher labor costs, and the impact of retirement benefit-related risks has continued. - FY2021-Q2MaterialisedAnnual report
「Operating profit declined, reflecting lower profit due to lower sales and higher labor costs resulting in part from the decline in pension assets caused by weak share prices.」
The decline in pension assets caused by weak share prices reduced operating profit through higher labor costs, and changes in retirement benefit-related assumptions materialized as an actual factor. - FY2019RestatedAnnual report
「Accordingly, lower discount rates, declines in the rate of return on pension assets, and other factors may adversely affect the business performance and financial position of our Group.」
We continue to disclose the risk of fluctuations in the discount rate for retirement benefit obligations and the rate of return on pension assets. - FY2016First statedAnnual report
「Accordingly, lower discount rates, declines in the rate of return on pension assets, and other factors may adversely affect the business performance and financial position of our Group.」
The factors cited include the discount rate, the expected rate of return on pension assets, and the impact of differences from actual results and changes in these assumptions on expenses and liabilities.