Transition to a Defined Contribution Pension Plan
First written in FY2017-Q1. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
12 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Certain consolidated subsidiaries had funded defined benefit corporate pension plans. During the current consolidated fiscal year, they transferred to another company the rights and obligations relating to benefits for pension recipients, and recognized the resulting loss as an extraordinary loss from the settlement of a retirement benefit plan.」
For the defined benefit corporate pension plan, the rights and obligations relating to benefits for pension recipients were transferred to another company, and a ¥11.531 million loss from the settlement of a retirement benefit plan was recognized. - FY2023AdvancedAnnual report
「Certain consolidated subsidiaries plan to transfer their unfunded retirement lump-sum payment plans to defined contribution plans on 1 July 2023. The estimated loss arising from this transfer was recognized as an extraordinary loss from the settlement of a retirement benefit plan in the current consolidated fiscal year.」
Another consolidated subsidiary planned to transfer to a defined contribution pension plan on 1 July 2023 and recognized a ¥112.184 million loss from the settlement of a retirement benefit plan arising from the transfer. - FY2017AchievedAnnual report
「The amount transferred to the defined contribution pension plan was ¥4,633.969 million, and the transfer was fully completed by the end of the current consolidated fiscal year.」
Part of the defined benefit pension plan was transferred to a defined contribution pension plan, and the transfer of assets was completed by the end of the fiscal year. An extraordinary gain of ¥207.390 million related to the transfer was also recognized. - FY2017-Q2RestatedAnnual report
「On 1 April 2016, the Company transferred part of its defined benefit corporate pension plan to a defined contribution pension plan and accounted for the transferred portion as a partial settlement of its retirement benefit plan.」
The filing reiterates the transfer of part of the plan on 1 April and the associated partial settlement of the retirement benefit plan. - FY2017-Q1First statedAnnual report
「On 1 April 2016, the Company transferred part of its defined benefit corporate pension plan to a defined contribution pension plan and accounted for the transferred portion as a partial settlement of its retirement benefit plan.」
On 1 April 2016, part of the plan was transferred, and an extraordinary gain of ¥239.063 million was recognized due to the reduction in retirement benefit obligations.