Risk of changes in actuarial assumptions for defined benefit obligations
First written in FY2016. 16 of 28 entries say "Worsened", first in FY2018. Latest entry: 2026-10-30.
Lixil moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
26 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「Liability for retirement benefits 72,975 76,732」
The liability for retirement benefits increased from ¥72,975 million at the end of the previous fiscal year to ¥76,732 million. - 2026-04-30WorsenedRevisions to earnings forecasts
「退職給付に係る負債 72,975 76,732」
The liability for retirement benefits increased from ¥72,975 million at the end of the previous fiscal year to ¥76,732 million. - FY2026-H1WorsenedAnnual report
「Liability for retirement benefits 72,975 77,896」
The liability for retirement benefits increased from ¥7,297.5 million at the end of the previous fiscal year to ¥7,789.6 million. - FY2025MitigatedAnnual report
「Liability for retirement benefits 78,950 72,975」
The liability for retirement benefits decreased from ¥7,895.0 million at the end of the previous fiscal year to ¥7,297.5 million. - FY2025-H1MitigatedAnnual report
「Liability for retirement benefits 78,950 76,988」
The liability for retirement benefits decreased from ¥7,895.0 million at the end of the previous fiscal year to ¥7,698.8 million. - FY2024-Q3WorsenedAnnual report
「Liability for retirement benefits 70,102 79,891」
The liability for retirement benefits increased from ¥7,010.2 million at the end of the previous consolidated fiscal year to ¥7,989.1 million at the end of the third quarter, increasing financial exposure. - FY2024-Q2Increase from the fiscal year-end, decrease from the previous quarterAnnual report
「Liabilities related to retirement benefits 70,102 73,030」
The liability for retirement benefits increased from ¥7,010.2 million at the end of the previous consolidated fiscal year to ¥7,303.0 million. Meanwhile, it decreased from ¥7,753.6 million as of the previous quarterly report. - FY2024-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 70,102 77,536」
Liabilities related to retirement benefits increased from ¥70,102 million at the end of the previous consolidated fiscal year to ¥77,536 million, increasing financial exposure. - FY2023MitigatedAnnual report
「Liabilities related to retirement benefits 78,441 70,102」
Liabilities related to retirement benefits decreased from ¥78,441 million at the end of the previous fiscal year to ¥70,102 million. The discount rate also increased from 1.3% to 2.4%. - FY2023-Q3Increase from the previous quarter; decrease from the fiscal year-endAnnual report
「Liabilities related to retirement benefits 78,441 69,463」
Liabilities related to retirement benefits decreased from ¥78,441 million at the end of the previous consolidated fiscal year to ¥69,463 million. However, they increased from ¥67,206 million at the end of the previous quarter. - FY2023-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 78,441 67,206」
Liabilities related to retirement benefits decreased from ¥7,8441 million at the end of the previous consolidated fiscal year to ¥6,7206 million. - FY2023-Q1MitigatedAnnual report
「Liabilities related to retirement benefits 78,441 70,659」
Liabilities related to retirement benefits decreased from ¥78,441 million at the end of the previous consolidated fiscal year to ¥70,659 million. - FY2022MitigatedAnnual report
「Amount reported in the consolidated statement of financial position Liabilities related to retirement benefits 80,939 78,441」
Liabilities related to retirement benefits decreased from ¥80,939 million at the end of the previous fiscal year to ¥78,441 million. - FY2022-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 80,939 81,977」
Liabilities related to retirement benefits increased from ¥80,939 million at the end of March 2021 to ¥81,977 million at the end of December 2021. - FY2022-Q2WorsenedAnnual report
「Liabilities related to retirement benefits 80,939 81,427」
Liabilities related to retirement benefits increased from ¥80,939 million at the end of March 2021 to ¥81,427 million at the end of September 2021. - FY2022-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 80,939 82,354」
Liabilities related to retirement benefits increased from ¥80,939 million at the end of March 2021 to ¥82,354 million at the end of June 2021. - FY2021-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 76,907 87,000」
Liabilities related to retirement benefits increased from ¥7,6907 million at the end of March 2020 to ¥8,7000 million at the end of December 2020, increasing financial exposure. - FY2021-Q2WorsenedAnnual report
「Liabilities related to retirement benefits 76,907 85,967」
Liabilities related to retirement benefits increased from ¥7,6907 million at the end of March 2020 to ¥8,5967 million at the end of September 2020. - FY2021-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 76,907 83,060」
Liabilities related to retirement benefits increased from ¥7,6907 million at the end of March 2020 to ¥8,3060 million at the end of June 2020. - FY2020MitigatedAnnual report
「The present value of defined benefit obligations decreased from ¥183,790 million to ¥173,187 million, while liabilities related to retirement benefits decreased from ¥85,853 million to ¥76,907 million.」
Defined benefit obligations and liabilities related to retirement benefits decreased from the end of the previous fiscal year, reducing the financial impact of the risk of changes in actuarial assumptions. - FY2020-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 85,853 88,984」
Liabilities related to retirement benefits increased from ¥8,5853 million at the end of the previous fiscal year to ¥8,8984 million. - FY2020-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 85,853 89,864」
Liabilities related to retirement benefits increased from ¥85,853 million at the end of the previous consolidated fiscal year to ¥89,864 million at the end of the first quarter. - FY2019WorsenedAnnual report
「The discount rate decreased from 1.3% to 1.1%, while the present value of defined benefit obligations increased from ¥174,945 million to ¥183,790 million and liabilities related to retirement benefits increased from ¥78,269 million to ¥85,853 million.」
As the discount rate declined, defined benefit obligations and liabilities related to retirement benefits increased further. - FY2018WorsenedAnnual report
「The discount rate decreased from 1.4% to 1.3%, while the present value of defined benefit obligations increased from ¥166,471 million to ¥174,945 million and liabilities related to retirement benefits increased from ¥73,809 million to ¥78,269 million.」
The impact of the risk of changes in actuarial assumptions has increased because the discount rate declined and defined benefit obligations and liabilities increased. - FY2017RestatedAnnual report
「To minimize this impact, our group has implemented measures including returning the substitute portion of the employees' pension fund and transitioning to defined contribution pension plans and cash balance plans. However, the impact cannot be eliminated entirely.」
The group continues to disclose the risk of changes in actuarial assumptions for defined benefit obligations and measures to mitigate it, including plan transitions. - FY2016First statedAnnual report
「Defined benefit obligations, service costs and other amounts for employees of our group are calculated based on actuarial assumptions such as the discount rate. Changes in these assumptions may have a material effect on the group's operating performance and financial position.」
The disclosures also describe measures such as transitioning to defined contribution pension plans and cash balance plans.