Transition to a Points-Based Retirement Benefit System
First written in FY2026-H1. 1 of 2 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company revised its retirement benefit rules and defined benefit corporate pension plan regulations and transitioned from a final-pay-based formula to a points-based system effective 1 April 2025.」
The company continues to disclose in its annual financial statements the transition from a final-pay-based formula to a points-based system effective 1 April 2025. The increase in retirement benefit obligations resulting from the transition was ¥795 million. - FY2026-H1First statedAnnual report
「The company revised its retirement benefit rules and defined benefit corporate pension plan regulations and transitioned from a final-pay-based formula to a points-based system effective 1 April 2025. For the accounting treatment of the transition and related matters, the company applied the Accounting Standard Application Guideline No. 1, "Accounting Treatment for Transitions Between Retirement Benefit Plans and Related Matters" (16 December 2016), and Practical Solution Report No. 2, "Practical Treatment of Accounting for Transitions Between Retirement Benefit Plans and Related Matters" (7 February 2007). The revision increased retirement benefit obligations by ¥795 million.」
The company revised its retirement benefit rules and defined benefit corporate pension plan regulations and transitioned from a final-pay-based formula to a points-based system effective 1 April 2025. The transition increased retirement benefit obligations by ¥795 million.