Decision and Details
Decrease in retirement benefit expenses for the fiscal year ending March 2027 (positive impact on profit)
Retirement benefit obligations decreased due to the impact of discount rates based on Japanese government bonds, long-term expected investment returns exceeded expectations, and long-term expected investment returns also exceeded expectations at one domestic consolidated subsidiary.
Retirement benefit expenses are expected to decrease, resulting in a positive impact on profit. The earnings forecast for the fiscal year ending March 2027 will be announced in the earnings release on 15 May 2026.
| Item | Details |
|---|---|
| Matter Covered | Decrease in retirement benefit expenses for the fiscal year ending March 2027 (positive impact on profit) |
| Decision Date | 16 April 2026 |
| Implementation Date | Scheduled to be applied and recorded in the fiscal year ending March 2027 (1 April 2026 to 31 March 2027) |
| Period Covered | Fiscal year ending March 2027 (1 April 2026 to 31 March 2027) |
| Amount | Retirement benefit expenses for the fiscal year ending March 2027: negative ¥1,074 million; fiscal year ended March 2026: ¥584 million; decrease in expenses from the previous fiscal year: ¥1,658 million |
| Quantity / scale | 1 domestic consolidated subsidiary |
| Impact on Business Performance | Retirement benefit expenses are expected to decrease, resulting in a positive impact on profit. The earnings forecast for the fiscal year ending March 2027 will be announced in the earnings release on 15 May 2026. |
| Reason | Retirement benefit obligations decreased due to the impact of discount rates based on Japanese government bonds, long-term expected investment returns exceeded expectations, and long-term expected investment returns also exceeded expectations at one domestic consolidated subsidiary. |
| Future plans | The earnings forecast for the fiscal year ending March 2027 will be announced in the earnings release on 15 May 2026. |
Items this document does not state (3)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Retirement benefit obligations decreased due to the impact of discount rates based on Japanese government bonds, long-term expected investment returns exceeded expectations, and long-term expected investment returns also exceeded expectations at one domestic consolidated subsidiary.