Higher Retirement Benefit Costs Due to Lower Returns on Pension Assets
First written in FY2021. 1 of 2 entries say "Mitigated", first in 2026-07-03. Latest entry: 2026-07-03.
The whole theme swung hardest in 2025: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- 2026-07-03MitigatedRevision of earnings forecasts
「In addition, retirement benefit expenses declined substantially as a result of improved management of pension assets against a backdrop of rising share prices. Although net sales fell slightly short of the initial forecast, operating profit, ordinary profit and net income attributable to owners of the parent substantially exceeded the initial forecasts.」
The company states that improved management of pension assets against a backdrop of rising share prices led to a substantial decline in retirement benefit expenses. - FY2021First statedAnnual report
「The Group uses a simplified method to calculate retirement benefit obligations for its principal employees. Accordingly, lower returns on pension assets may increase retirement benefit costs and affect the Group's business performance.」
The simplified method used to calculate retirement benefit obligations and the risk that lower pension-asset returns could increase costs were first disclosed separately.