Risk of Changes in Assumptions Affecting Retirement Benefit Obligations and Expenses
First written in FY2016. 18 of 38 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Onex moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).
The whole theme swung hardest in 2025: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The closing balance of liabilities related to retirement benefits decreased from ¥488.517 million to ¥220.941 million.」
Liabilities related to retirement benefits decreased by ¥267 million from the end of the previous fiscal year, while retirement benefit expense changed from ¥160.298 million to a negative ¥165.089 million. This marked a shift from the balance increase in the previous fiscal year toward a decrease. - FY2026-H1MitigatedAnnual report
「This was mainly due to decreases of ¥273 million in long-term borrowings, ¥139 million in accounts payable, and ¥100 million in liabilities related to retirement benefits, despite a ¥76 million increase in other non-current liabilities, among other factors.」
Liabilities related to retirement benefits decreased by ¥100 million from the end of the previous consolidated fiscal year to ¥388 million. This marked a shift from the balance increases reported through the previous fiscal year toward a decrease. - FY2025-H1MitigatedAnnual report
「Liabilities related to retirement benefits 385,620 383,808」
Liabilities related to retirement benefits decreased by ¥1.811 million, from ¥385.620 million at the end of the previous consolidated fiscal year to ¥383.808 million. - FY2024-Q3MitigatedAnnual report
「Liabilities related to retirement benefits 497,016 491,958」
Liabilities related to retirement benefits decreased from ¥497.016 million at the end of the previous consolidated fiscal year to ¥491.958 million, reversing the increases reported through the previous quarter. - FY2024-Q2MaterialisedAnnual report
「Change in liabilities related to retirement benefits (decrease) 14,479 10,521」
The change in liabilities related to retirement benefits was ¥10.521 million in the current period, compared with ¥14.479 million in the cumulative period of the same quarter of the previous year, and the balance at the end of the second quarter was ¥507.537 million, an increase from the end of the previous fiscal year. - FY2024-Q1MaterialisedAnnual report
「Liabilities related to retirement benefits 497,016 521,783」
Liabilities related to retirement benefits increased by ¥24.767 million, from ¥497.016 million at the end of the previous consolidated fiscal year to ¥521.783 million. - FY2023Decrease in retirement benefit liabilities, increase in retirement benefit expenseAnnual report
「Opening balance of liabilities related to retirement benefits ¥648.583 million ¥508.901 million Retirement benefit expense calculated using the simplified method (¥88.177 million) ¥33.729 million Retirement benefit payments (¥22.476 million) (¥25.348 million) Contributions to the plan (¥29.028 million) (¥20.265 million) Closing balance of liabilities related to retirement benefits ¥508.901 million ¥497.016 million」
While the closing balance of liabilities related to retirement benefits decreased from ¥508.901 million to ¥497.016 million, retirement benefit expense calculated using the simplified method increased from a negative ¥88.177 million in the previous fiscal year to ¥33.729 million. - FY2023-Q3MaterialisedAnnual report
「This was mainly due to a ¥27 million increase in liabilities related to retirement benefits, among other factors.」
Liabilities related to retirement benefits increased by ¥27 million from the end of the previous consolidated fiscal year, and the balance had continued to increase through the previous quarter. - FY2023-Q2MaterialisedAnnual report
「Liabilities related to retirement benefits 508,901 523,380」
Liabilities related to retirement benefits increased by ¥14.479 million, from ¥508.901 million at the end of the previous consolidated fiscal year to ¥523.380 million. - FY2023-Q1MaterialisedAnnual report
「Liabilities related to retirement benefits 508,901 518,002」
Liabilities related to retirement benefits increased by ¥9.101 million, from ¥508.901 million at the end of the previous consolidated fiscal year to ¥518.002 million. - FY2022MitigatedAnnual report
「Non-current liabilities were ¥2,621 million, a decrease of ¥172 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥13 million in long-term borrowings, ¥19 million in lease obligations, and ¥139 million in liabilities related to retirement benefits.」
Liabilities related to retirement benefits decreased by ¥139.682 million, from ¥648.583 million at the end of the previous fiscal year to ¥508.901 million, while retirement benefit expense changed from ¥67.127 million to a negative ¥88.177 million. - FY2022-Q3MaterialisedAnnual report
「Liabilities related to retirement benefits 648,583 651,175」
Liabilities related to retirement benefits increased from ¥648.583 million at the end of the previous consolidated fiscal year to ¥651.175 million. - FY2022-Q2MaterialisedAnnual report
「Liabilities related to retirement benefits 648,583 654,966」
Liabilities related to retirement benefits increased from ¥648.583 million at the end of the previous consolidated fiscal year to ¥654.966 million. - FY2022-Q1MitigatedAnnual report
「Liabilities related to retirement benefits 648,583 647,761」
Liabilities related to retirement benefits decreased by ¥0.822 million, from ¥648.583 million at the end of the previous fiscal year to ¥647.761 million at the end of the current quarter. - FY2021Decrease in liabilities; increase in expensesAnnual report
「Retirement benefit expenses calculated using the simplified method ¥24.850 million ¥67.127 million Balance of liabilities related to retirement benefits at period-end ¥673.868 million ¥648.583 million」
While liabilities related to retirement benefits decreased, retirement benefit expense increased from ¥24.850 million to ¥67.127 million. - FY2021-Q3MitigatedAnnual report
「Liabilities related to retirement benefits 673,868 627,805」
Liabilities related to retirement benefits decreased by ¥46.063 million from ¥673.868 million at the end of the previous consolidated fiscal year to ¥627.805 million. - FY2021-Q2MaterialisedAnnual report
「Liabilities related to retirement benefits 673,868 686,283」
Liabilities related to retirement benefits increased from ¥673.868 million at the end of the previous consolidated fiscal year to ¥686.283 million. - FY2021-Q1MitigatedAnnual report
「Liabilities related to retirement benefits 673,868 665,908」
Liabilities related to retirement benefits decreased from ¥673.868 million at the end of the previous consolidated fiscal year to ¥665.908 million. - FY2020MitigatedAnnual report
「Balance of liabilities related to retirement benefits at period-end ¥729.549 million ¥673.868 million」
Liabilities related to retirement benefits decreased by ¥55.680 million from ¥729.549 million at the end of the previous fiscal year to ¥673.868 million. Retirement benefit expenses also decreased from ¥68.536 million to ¥24.850 million. - FY2020-Q3MaterialisedAnnual report
「Liabilities related to retirement benefits 729,549 731,074」
Liabilities related to retirement benefits increased from ¥729.549 million at the end of the previous consolidated fiscal year to ¥731.074 million at the end of the third quarter. - FY2020-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 729,549 728,033」
Liabilities related to retirement benefits decreased by ¥1.516 million from ¥729.549 million at the end of the previous consolidated fiscal year to ¥728.033 million. - FY2020-Q1MitigatedAnnual report
「Liabilities related to retirement benefits 729,549 719,515」
Liabilities related to retirement benefits decreased by approximately ¥10 million from ¥729.549 million at the end of the previous consolidated fiscal year to ¥719.515 million at the end of the first quarter. - FY2019MaterialisedAnnual report
「Balance of liabilities related to retirement benefits at period-end ¥723.987 million ¥729.549 million」
Liabilities related to retirement benefits increased by ¥5.561 million from ¥723.987 million at the end of the previous fiscal year to ¥729.549 million. Retirement benefit expenses decreased from ¥92 million to ¥68.536 million. - FY2019-Q3MaterialisedAnnual report
「Liabilities related to retirement benefits 723,987 737,396」
Liabilities related to retirement benefits increased from ¥723.987 million at the end of the previous consolidated fiscal year to ¥737.396 million at the end of the third quarter. - FY2019-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 723,987 718,143」
Liabilities related to retirement benefits decreased from ¥723.987 million at the end of the previous fiscal year to ¥718.143 million, continuing the decline seen in FY2019-Q1. - FY2019-Q1MitigatedAnnual report
「Liabilities related to retirement benefits 723,987 713,963」
Liabilities related to retirement benefits decreased by approximately ¥10 million from ¥723.987 million at the end of the previous consolidated fiscal year to ¥713.963 million at the end of the first quarter. - FY2018MaterialisedAnnual report
「Balance of liabilities related to retirement benefits at period-end ¥690.111 million ¥723.987 million」
Liabilities related to retirement benefits increased from ¥690.111 million at the end of the previous fiscal year to ¥723.987 million. Retirement benefit expenses calculated using the simplified method also increased from ¥50.619 million to ¥92 million. - FY2018-Q3MaterialisedAnnual report
「Liabilities related to retirement benefits 690,111 706,618」
Liabilities related to retirement benefits increased from ¥690.111 million at the end of the previous consolidated fiscal year to ¥706.618 million at the end of the third quarter. - FY2018-Q2MaterialisedAnnual report
「Liabilities related to retirement benefits 690,111 692,002」
Liabilities related to retirement benefits increased by approximately ¥1.9 million from ¥690.111 million at the end of the previous consolidated fiscal year to ¥692.002 million at the end of the second quarter. - FY2018-Q1MaterialisedAnnual report
「Liabilities related to retirement benefits 690,111 695,608」
Liabilities related to retirement benefits increased from ¥690.111 million at the end of the previous consolidated fiscal year to ¥695.608 million at the end of the first quarter. - FY2017MitigatedAnnual report
「The balance of liabilities related to retirement benefits at period-end decreased from ¥721.403 million to ¥690.111 million.」
Liabilities related to retirement benefits decreased by ¥31 million from the end of the previous fiscal year, while retirement benefit expenses also decreased from ¥316.835 million to ¥50.619 million. - FY2017-Q3MitigatedAnnual report
「Liabilities related to retirement benefits 721,403 689,968」
Liabilities related to retirement benefits decreased from ¥721 million at the end of the previous consolidated fiscal year to ¥689 million at the end of the third quarter. - FY2017-Q2MaterialisedAnnual report
「Liabilities related to retirement benefits 721,403 730,499」
Liabilities related to retirement benefits increased from ¥721 million at the end of the previous consolidated fiscal year to ¥730 million at the end of the second quarter. - FY2017-Q1MaterialisedAnnual report
「Liabilities related to retirement benefits 721,403 735,449」
Liabilities related to retirement benefits increased from ¥721 million at the end of the previous fiscal year to ¥735 million at the end of the current quarter, an increase of approximately ¥14 million. - FY2016MaterialisedAnnual report
「The increase in liabilities related to retirement benefits expanded to ¥244 million due to the impact of lower market interest rates and other factors, compared with an increase of ¥38 million in the same period of the previous year.」
Lower market interest rates actually increased liabilities and expenses related to retirement benefits, becoming a factor in the deterioration of operating performance.