Transition from a Defined-Benefit Corporate Pension Plan to a Defined-Contribution Plan
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2025.
21 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「末吉工業㈱, a consolidated subsidiary of the company, transferred part of its lump-sum retirement benefit plan to a defined contribution corporate pension plan effective 1 April 2024.」
末吉工業 transitioned part of its lump-sum retirement benefit plan to a defined contribution pension plan and recognized a ¥166 million gain on termination of the retirement benefit plan. - FY2025-H1AdvancedAnnual report
「末吉工業㈱, a consolidated subsidiary of the company, transferred part of its lump-sum retirement benefit plan to a defined contribution corporate pension plan effective 1 April 2024. For the accounting treatment of the transition, it applied the "Accounting Treatment for Transfers between Retirement Benefit Plans" (Accounting Standards Implementation Guidance No. 1, dated 16 December 2016) and the "Practical Treatment of Accounting for Transfers between Retirement Benefit Plans" (Practical Issues Task Force No. 2, dated 7 February 2007). Accordingly, during the current interim consolidated accounting period, it recognized a gain on termination of the retirement benefit plan of ¥166 million as an extraordinary gain.」
末吉工業 transferred part of its lump-sum retirement benefit plan to a defined contribution pension plan and recognized a ¥166 million gain on termination of the retirement benefit plan arising from the transition. - FY2023-Q3RestatedAnnual report
「Effective 1 April 2022, we fully transitioned from a defined benefit corporate pension plan to a defined contribution corporate pension plan. For the accounting treatment of the transition, we applied the "Accounting Treatment for Transfers between Retirement Benefit Plans" (Accounting Standards Implementation Guidance No. 1, revised 16 December 2016). Accordingly, during the first nine months of the current consolidated fiscal year, we recognized a gain on termination of the retirement benefit plan of ¥554 million as an extraordinary gain.」
The company continues to report the full transition effective 1 April 2022 from a defined benefit corporate pension plan to a defined contribution corporate pension plan, together with recognition of a ¥554 million gain on termination of the retirement benefit plan arising from the transition. - FY2023-Q1AchievedAnnual report
「Effective 1 April 2022, we fully transitioned from a defined benefit corporate pension plan to a defined contribution corporate pension plan. For the accounting treatment of the transition, we applied the "Accounting Treatment for Transfers between Retirement Benefit Plans" (Accounting Standards Implementation Guidance No. 1, revised 16 December 2016). Accordingly, during the first quarter of the current consolidated fiscal year, we recognized a gain on termination of the retirement benefit plan of ¥554 million as an extraordinary gain.」
Effective 1 April 2022, the company fully transitioned from a defined benefit corporate pension plan to a defined contribution corporate pension plan and recognized a ¥554 million gain on termination of the retirement benefit plan arising from the transition. - FY2022First statedAnnual report
「Effective 1 April 2022, we fully transitioned from a defined benefit corporate pension plan to a defined contribution corporate pension plan.」
At the beginning of the following consolidated fiscal year, the company fully transitioned from a defined benefit corporate pension plan to a defined contribution corporate pension plan. A gain on termination of the retirement benefit plan arising from the transition was scheduled to be recognized in the following fiscal year.