Changes in Assumptions Underlying Defined Benefit Obligations and Costs
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2025.
25 other companies' latest entry also says "Other".
- FY2025Change in the amortisation period for expenses at an Indonesian subsidiaryAnnual report
「At the Indonesian consolidated subsidiary P.T.CHUHATSU INDONESIA, actuarial differences and past service costs related to retirement benefit liabilities had previously been amortised over 15 years, a specified period within the employees' average remaining service period. Because the average remaining service period fell below 15 years, the company changed the amortisation period to 13 years from the current consolidated fiscal year.」
The amortisation period for retirement benefit expenses at the Indonesian subsidiary changed from 15 years to 13 years, reducing operating profit and other items by ¥48.31 million compared with the previous method. - FY2024Change in the amortisation period for retirement benefitsAnnual report
「Previously, the company amortised actuarial differences and past service costs related to retirement benefit liabilities and assets over 15 years, a specified period within the employees' average remaining service period. Because the average remaining service period fell below 15 years, the company changed the amortisation period to 11 years from the current consolidated fiscal year.」
The amortisation period for actuarial differences and past service costs related to retirement benefits changed from 15 years to 11 years, increasing operating profit and other items by ¥90.53 million. - FY2020RestatedAnnual report
「Accordingly, if actual results differ from the assumptions, or if the assumptions change, they may materially affect future retirement benefit expenses and obligations.」
The company reconfirms the risk that changes in actuarial assumptions may affect retirement benefit expenses and obligations. - FY2019RestatedAnnual report
「If actual results differ from these assumptions, or if the assumptions change, the impact will accumulate and be amortised over future accounting periods, potentially affecting future retirement benefit expenses and obligations.」
The company reconfirms the risk that changes in assumptions, including the discount rate, the long-term expected rate of return on pension assets, and mortality rates, may affect retirement benefit expenses and obligations. - FY2018RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, the impact will accumulate and be amortised over future accounting periods, potentially affecting future retirement benefit expenses and obligations.」
The company reconfirms the risk that changes in assumptions, including the discount rate, the long-term expected rate of return on pension assets, and mortality rates, may affect retirement benefit expenses and obligations. - FY2017RestatedAnnual report
「Accordingly, if actual results differ from the assumptions, or if the assumptions change, they may materially affect future retirement benefit expenses and obligations.」
The company again identifies as a risk the possibility that changes in assumptions, including the discount rate and the long-term expected rate of return on pension assets, may affect retirement benefit expenses and obligations. - FY2016First statedAnnual report
「Accordingly, if actual results differ from the assumptions, or if the assumptions change, they may materially affect future retirement benefit expenses and obligations.」
The company identifies fluctuations in actuarial assumptions, including the discount rate and the long-term expected rate of return on pension assets, as risks.