Risk of additional contributions arising from the dissolution of the Employees' Pension Fund
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual report
「The company participates in the National Sogo Corporate Pension Fund as a corporate pension scheme under a multi-employer arrangement. Because the amount of pension assets corresponding to the company's contributions cannot be reasonably calculated, the accounting treatment prescribed in Note 12 to the Accounting Standard Implementation Guidance on Retirement Benefits is applied.」
In this filing, the previous disclosure concerning the dissolution of the National Geological Survey Industry Welfare Pension Fund and expected additional liabilities is absent, while the National Sogo Corporate Pension Fund is described in relation to retirement benefits. - FY2017RestatedAnnual report
「The National Geological Survey Industry Welfare Pension Fund, a multi-employer scheme in which the company participated, was dissolved with the approval of the Minister of Health, Labour and Welfare dated 1 September 2016. No additional liabilities are expected to arise from the dissolution of the fund.」
The disclosure of the fund's dissolution and the absence of expected additional liabilities is reproduced as comparative information for the previous fiscal year. - FY2016First statedAnnual report
「The National Geological Survey Industry Welfare Pension Fund, a multi-employer scheme in which the company participated, was dissolved with the approval of the Minister of Health, Labour and Welfare dated 1 September 2016. No additional liabilities are expected to arise from the dissolution of the fund.」
The disclosure states that the fund in which the company participated was dissolved and that no additional liabilities are expected to arise from the dissolution.