Transition from a Retirement Lump-Sum Benefit Plan to a Defined Contribution Pension Plan
First written in FY2022-Q2. 2 of 6 entries say "Restated". Latest entry: FY2025.
6 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The amount transferred to the defined contribution pension plan was ¥431 million. The ¥304 million not yet transferred as of the end of the current consolidated fiscal year was recorded under accounts payable, within other current liabilities, and long-term accounts payable, within other non-current liabilities.」
For the change from lump-sum retirement benefit plans to defined contribution pension plans at certain subsidiaries, transferred assets of ¥431 million and assets not yet transferred of ¥304 million were disclosed, providing specific details on the progress of the transition. - FY2025-H1AdvancedAnnual report
「Certain consolidated subsidiaries changed from lump-sum retirement benefit plans to defined contribution pension plans effective 1 January 2025 and applied the Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions and the Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions. Accordingly, a gain on revision of retirement benefit plans of ¥85 million was recorded as extraordinary income for the current interim consolidated accounting period.」
In addition to the transfers completed by the end of the previous fiscal year, certain consolidated subsidiaries changed from lump-sum retirement benefit plans to defined contribution pension plans effective 1 January 2025 and recorded a gain on revision of retirement benefit plans of ¥85 million. - FY2024AchievedAnnual report
「The amount transferred to the defined contribution pension plan was ¥3,854 million, and the transfer had been completed by the end of the current consolidated fiscal year.」
The transfer of assets associated with the change from lump-sum retirement benefit plans to defined contribution pension plans had been completed by the end of the current fiscal year. - FY2022RestatedAnnual report
「The Company and certain consolidated subsidiaries changed from lump-sum retirement benefit plans to defined contribution pension plans effective 1 January 2022. Accordingly, a gain on revision of retirement benefit plans of ¥961 million was recorded as extraordinary income for the current consolidated fiscal year.」
The change from lump-sum retirement benefit plans to defined contribution pension plans and the recognition of a ¥961 million gain on revision of retirement benefit plans have also been confirmed for the full fiscal year. - FY2022-Q3RestatedAnnual report
「The Company and certain consolidated subsidiaries changed from lump-sum retirement benefit plans to defined contribution pension plans effective 1 January 2022 and applied the Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions (Accounting Standard Implementation Guidance No. 1, 16 December 2016) and the Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions (Practical Issues Task Force No. 2, 7 February 2007). Accordingly, a gain on revision of retirement benefit plans of ¥961 million was recorded as extraordinary income for the nine-month period ended the third quarter of the current consolidated fiscal year.」
The change from lump-sum retirement benefit plans to defined contribution pension plans and the recognition of a ¥961 million gain on revision of retirement benefit plans continue to be disclosed. - FY2022-Q2First statedAnnual report
「The Company and certain consolidated subsidiaries changed from lump-sum retirement benefit plans to defined contribution pension plans effective 1 January 2022 and applied the Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions and the Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Other Related Transactions. Accordingly, a gain on revision of retirement benefit plans of ¥961 million was recorded as extraordinary income for the six-month period ended the second quarter of the current consolidated fiscal year.」
The change from lump-sum retirement benefit plans to defined contribution pension plans and the resulting recognition of a ¥961 million gain on revision of retirement benefit plans has appeared as a separate topic for the first time.