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Nichireki Group (5011) · InitiativeRestated

Partial Transition to a Defined Contribution Pension Plan

First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2023-Q1 – FY20232022: 220222023: 22023
Same theme, other companies
Recognition of Gain on Revision of Retirement Benefit PlanA theme 12 companies write about · 0 as a headwind · 12 as a tailwind

4 other companies' latest entry also says "Restated".

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  1. FY2023RestatedAnnual report

    「The Company and certain consolidated subsidiaries transitioned part of their retirement benefit plans to defined contribution pension plans effective 1 April 2022. … As a result of this transition, they recorded a gain on revision of retirement benefit plans of ¥1,202 million as extraordinary income for the current consolidated fiscal year.」

    The company confirms for the full year the partial transition of retirement benefit plans effective 1 April 2022 and the resulting recognition of a ¥1,202 million gain on revision of retirement benefit plans.
  2. FY2023-Q3RestatedAnnual report

    「The Company and certain consolidated subsidiaries transitioned part of their retirement benefit plans to defined contribution pension plans effective 1 April 2022. For the accounting treatment associated with this transition, they applied “Accounting Treatment for Transfers Between Retirement Benefit Plans” (Accounting Standards Application Guidance No. 1, 16 December 2016) and “Practical Treatment of Accounting for Transfers Between Retirement Benefit Plans” (Practical Response Report No. 2, 7 February 2007). As a result of this transition, they recorded a gain on revision of retirement benefit plans of ¥1,202 million as extraordinary income during the first nine months of the current consolidated fiscal year.」

    The company reconfirms the transition of part of its retirement benefit plans to defined contribution pension plans effective 1 April 2022 and the resulting recognition of a ¥1,202 million gain on revision of retirement benefit plans.
  3. FY2023-Q2RestatedAnnual report

    「The Company and certain consolidated subsidiaries transitioned part of their retirement benefit plans to defined contribution pension plans effective 1 April 2022. As a result of this transition, they recorded a gain on revision of retirement benefit plans of ¥1,202 million as extraordinary income during the first six months of the current consolidated fiscal year.」

    The company reconfirms the partial transition of retirement benefit plans effective 1 April 2022 and the resulting recognition of a ¥1,202 million gain on revision of retirement benefit plans.
  4. FY2023-Q1First statedAnnual report

    「The Company and certain consolidated subsidiaries transitioned part of their retirement benefit plans to defined contribution pension plans effective 1 April 2022. As a result of this transition, they recorded a gain on revision of retirement benefit plans of ¥1,202 million as extraordinary income during the first quarter of the current consolidated cumulative period.」

    The Company and certain consolidated subsidiaries transitioned part of their retirement benefit plans to defined contribution pension plans effective 1 April 2022 and recorded a ¥1,202 million gain on revision of retirement benefit plans resulting from the transition.
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Partial Transition to a Defined Contribution Pension Plan | NICHIREKI GROUP CO.,LTD. (5011) | Komori