Revision of the Retirement Benefit Scheme Following Dissolution of the Employees’ Pension Fund
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2024-Q3.
0 other companies' latest entry also says "Advanced".
- FY2024-Q3AdvancedAnnual report
「This was due to an increase in accrued liabilities for property, plant and equipment associated with capital expenditures and an increase in deferred tax liabilities resulting from higher market values of securities held, despite a decrease in liabilities related to retirement benefits due to contributions associated with the transition to a defined-benefit corporate pension plan.」
Liabilities related to retirement benefits decreased from ¥361 million at the end of the previous consolidated fiscal year to ¥98 million due to contributions associated with the transition to a defined-benefit corporate pension plan. - FY2023-Q3RestatedAnnual report
「Total liabilities decreased by ¥642 million from the end of the previous consolidated fiscal year to ¥9,138 million. The main factors were a decrease in liabilities related to retirement benefits due to contributions associated with the transition to a defined-benefit corporate pension plan, despite an increase in accounts payable due to higher raw material prices and other factors.」
Contributions associated with the transition to a defined-benefit corporate pension plan continue to be cited as a factor behind the decrease in liabilities related to retirement benefits. - FY2023-Q2RestatedAnnual report
「Total liabilities decreased by ¥572 million from the end of the previous consolidated fiscal year to ¥9,207 million. This was mainly due to a decrease in liabilities related to retirement benefits resulting from the transition to a defined-benefit corporate pension plan.」
The decrease in liabilities related to retirement benefits due to the transition to a defined-benefit corporate pension plan continues to be cited as a factor behind the decrease in liabilities at the end of the second quarter. - FY2023-Q1RestatedAnnual report
「Total liabilities decreased by ¥641 million from the end of the previous consolidated fiscal year to ¥9,139 million. This was mainly due to decreases in income taxes payable resulting from tax payments and in liabilities related to retirement benefits following the transition to a defined-benefit corporate pension plan.」
The decrease in liabilities related to retirement benefits due to the transition to a defined-benefit corporate pension plan continues to be cited as a factor behind the decrease in liabilities in the first quarter. - FY2022-Q3RestatedAnnual report
「This was due to an increase in accounts payable because payments were made in the following month as the end of the third quarter of the current consolidated accounting period fell on a financial institution holiday, as well as increases in sales and accounts payable resulting from soaring raw material prices, despite a decrease in liabilities related to retirement benefits following the transition of the parent company's retirement lump-sum plan to a defined-benefit pension plan.」
The decrease in liabilities related to retirement benefits resulting from the transition to a defined-benefit pension plan continues to be described. - FY2022-Q1AdvancedAnnual report
「This was due to an increase in accounts payable resulting from higher sales and soaring raw material prices, despite a decrease in liabilities related to retirement benefits following the transition to a defined-benefit corporate pension plan and a decrease in income taxes payable due to tax payments.」
The transition to a defined-benefit corporate pension plan is described as a factor contributing to the decrease in liabilities related to retirement benefits. - FY2018Cited as achievedAnnual report
「The Employees' Pension Fund for the East Japan Plastics Industry, a multi-employer plan, was dissolved effective 1 March 2017 with the approval of the Minister of Health, Labour and Welfare.」
The fact that the Employees' Pension Fund had been dissolved was stated again in the explanation of the retirement benefit plan. - FY2017First statedAnnual report
「Following the dissolution, effective 1 March 2017, of the Employees' Pension Fund for the East Japan Plastics Industry, a multi-employer plan, the company revised its retirement benefit plan. The resulting impact of ¥414 million was recorded as an extraordinary loss, under retirement benefit provision expense.」
The company disclosed that it revised its retirement benefit plan following the dissolution of the Employees' Pension Fund and recorded the resulting impact of ¥414 million as an extraordinary loss.