Change in the Method for Calculating Defined Benefit Obligations to the Standard Method
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 1 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We had previously applied the simplified method to calculate retirement benefits, but due to the increase in the number of eligible employees, we changed to the standard method from the beginning of the current consolidated fiscal year.」
We state that the change from the simplified method to the standard method was also applied in FY2025, resulting in a ¥7.493 million decrease in retirement benefit assets and profit at the beginning of the period. - FY2025-H1First statedAnnual report
「We had previously applied the simplified method to calculate retirement benefits, but due to the increase in the number of eligible employees, we changed to the standard method from the beginning of the current interim consolidated accounting period. As a result, retirement benefit assets at the beginning of the current interim consolidated accounting period decreased by ¥7.493 million, while operating profit, ordinary profit and interim net income before income taxes and other adjustments each decreased by ¥7.493 million.」
Following an increase in the number of eligible employees, we changed the retirement benefit calculation method from the simplified method to the standard method. Retirement benefit assets at the beginning of the period, operating profit, ordinary profit and interim net income before income taxes and other adjustments each decreased by ¥7.493 million.