Recognition of ¥195 million in retirement benefit expenses and impact on quarterly profit
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2019: 1 of 9 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Expense recognized in connection with the change from the simplified method to the standard method ¥195 million －」
The ¥195 million expense recognized in connection with the change in the method of calculating retirement benefit obligations is reiterated as the result for the previous fiscal year, indicating that no expense was recognized for the same item in the current fiscal year. - FY2017RestatedAnnual report
「As a result of this change, retirement benefit assets at the beginning of the fiscal year ending March 2017 decreased by ¥97 million and retirement benefit liabilities increased by ¥98 million, and ¥195 million was recognized as retirement benefit expenses (cost of sales, selling, general and administrative expenses).」
The full-year disclosure also reiterates the ¥97 million decrease in assets, ¥98 million increase in liabilities, and ¥195 million recognition of retirement benefit expenses resulting from the change in the calculation method. - FY2017-Q3RestatedAnnual report
「As a result of this change, retirement benefit assets at the beginning of the third quarter of the fiscal year ending March 2017 decreased by ¥97 million and retirement benefit liabilities increased by ¥98 million, and ¥195 million was recognized as retirement benefit expenses (cost of sales, selling, general and administrative expenses).」
The ¥97 million decrease in assets, ¥98 million increase in liabilities, and ¥195 million recognition of retirement benefit expenses resulting from the change in the method of calculating retirement benefit obligations are reiterated. - FY2017-Q2RestatedAnnual report
「As a result of this change, retirement benefit assets at the beginning of the second quarter of the fiscal year ending March 2017 decreased by ¥97 million and retirement benefit liabilities increased by ¥98 million, and ¥195 million was recognized as retirement benefit expenses (cost of sales, selling, general and administrative expenses).」
The ¥97 million decrease in assets, ¥98 million increase in liabilities, and ¥195 million recognition of retirement benefit expenses resulting from the change in the method of calculating retirement benefit obligations are reiterated. - FY2017-Q1First statedAnnual report
「As a result of this change, retirement benefit assets decreased by ¥97 million and retirement benefit liabilities increased by ¥98 million at the end of the first quarter of the fiscal year ending March 2017, and ¥195 million was recognized as retirement benefit expenses (cost of sales, selling, general and administrative expenses).」
The change in the method of calculating retirement benefit obligations resulted in a ¥97 million decrease in retirement benefit assets, a ¥98 million increase in liabilities, and recognition of ¥195 million in retirement benefit expenses.