Revision of Retirement Benefit Plans Accompanying Extension of Mandatory Retirement Age from 60 to 65
First written in FY2022. 1 of 2 entries say "Reframed", first in FY2023. Latest entry: FY2023.
Nichia Steel Works moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「During the current consolidated fiscal year, the consolidated subsidiary ジェイ-ワイテックス株式会社 changed its lump-sum retirement benefit plan in connection with extending the retirement age from 60 to 65. As a result of this plan change, retirement benefit obligations decreased by ¥19.439 million, with an equal amount recognized as past service cost.」
Following the Company’s plan change in the previous fiscal year, the implementation of a similar change at consolidated subsidiary ジェイ-ワイテックス株式会社 and the ¥19.439 million decrease in retirement benefit obligations were disclosed. - FY2022First statedAnnual report
「During the current consolidated fiscal year, the Company changed its defined benefit corporate pension plan and lump-sum retirement benefit plan in connection with extending the retirement age from 60 to 65. As a result of this plan change, retirement benefit obligations decreased by ¥66.455 million, with an equal amount recognized as past service cost.」
It was disclosed for the first time that the retirement age had been extended from 60 to 65, the defined benefit corporate pension plan and lump-sum retirement benefit plan had been changed, and retirement benefit obligations had decreased by ¥66.455 million.