Extraordinary loss due to a change in the method for calculating retirement benefit obligations
First written in FY2016. 1 of 2 entries say "Cited as achieved", first in FY2017. Latest entry: FY2017.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Cited as achieved".
- FY2017Cited as achievedAnnual report
「Net income attributable to owners of the parent was ¥1,497 million, up 63.0% year on year, mainly because the impact of the ¥582 million extraordinary loss recognized in the previous fiscal year due to a change in the estimation method for retirement benefit provisions at a subsidiary was no longer present.」
The ¥582 million extraordinary loss incurred in the fiscal year ended March 2016 is cited as a past result contributing to profit improvement in the current fiscal year. - FY2016First statedAnnual report
「In connection with this change, the ¥582 million increase in retirement benefit obligations was recognized as an extraordinary loss at the end of the consolidated fiscal year, reducing income before income taxes and other adjustments by the same amount.」
The method for calculating retirement benefit obligations at 9 domestic consolidated subsidiaries was changed, and an extraordinary loss of ¥582 million was recognized.