Change in the Retirement Benefit Obligation Calculation Method to the Standard Method
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company had previously applied the simplified method to calculate its retirement benefit obligations, but changed to the standard method from the beginning of the current consolidated fiscal year due to an increase in the number of applicable employees. As a result, liabilities related to retirement benefits at the beginning of the current consolidated fiscal year increased by ¥121.338 million, and the same amount was recognized as retirement benefit expenses under extraordinary losses.」
The change from the simplified method to the standard method due to an increase in the number of employees, and the recognition of ¥121.338 million in extraordinary losses, have been reconfirmed. - FY2022-Q3RestatedAnnual report
「The company had previously applied the simplified method to calculate its retirement benefit obligations, but changed to the standard method from the beginning of the first quarter of the consolidated accounting period due to an increase in the number of applicable employees. As a result, liabilities related to retirement benefits at the beginning of the first quarter of the consolidated accounting period increased by ¥121.338 million, and the same amount was recognized as retirement benefit expenses under extraordinary losses.」
The change in the method for calculating retirement benefit obligations from the simplified method to the standard method, and the recognition of ¥121.338 million in opening liabilities and extraordinary losses, have been reconfirmed. - FY2022-Q2RestatedAnnual report
「The company had previously applied the simplified method to calculate its retirement benefit obligations, but changed to the standard method from the beginning of the first quarter of the consolidated accounting period due to an increase in the number of applicable employees. As a result, liabilities related to retirement benefits at the beginning of the first quarter of the consolidated accounting period increased by ¥121.338 million, and the same amount was recognized as retirement benefit expenses under extraordinary losses.」
The change in the method for calculating retirement benefit obligations from the simplified method to the standard method, and the recognition of ¥121.338 million in opening liabilities and extraordinary losses, have been reconfirmed. - FY2022-Q1First statedAnnual report
「The company had previously applied the simplified method to calculate its retirement benefit obligations, but changed to the standard method from the beginning of the first quarter of the current consolidated accounting period due to an increase in the number of applicable employees. As a result, liabilities related to retirement benefits at the beginning of the first quarter of the current consolidated accounting period increased by ¥121.338 million, and the same amount was recognized as retirement benefit expenses under extraordinary losses.」
The method for calculating retirement benefit obligations was changed from the simplified method to the standard method due to an increase in the number of applicable employees. Liabilities related to retirement benefits at the beginning of the period increased by ¥121.338 million, which was recognized as an extraordinary loss.