Transitioning Part of the Lump-Sum Retirement Benefit Plan to a Defined Contribution Pension Plan
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The asset transfer to the defined contribution pension plan in connection with the partial transfer from the retirement lump-sum benefit plan amounts to ¥162.915 million, and is scheduled to be completed over 4 years. The untransferred amount of ¥73.616 million at the end of the consolidated fiscal year is recorded under accounts payable and long-term accounts payable.」
The company has provided specific disclosure on the asset transfers and untransferred amount following the partial transfer from the retirement lump-sum benefit plan to the defined contribution pension plan. The total amount of ¥162.915 million will be transferred over 4 years, with ¥73.616 million remaining untransferred at the end of the fiscal year. - FY2024First statedAnnual report
「Effective 1 February 2024, the company transferred part of its retirement lump-sum benefit plan to a defined contribution pension plan and has applied the accounting standard implementation guidance, "Accounting Treatment for Transfers Between Retirement Benefit Plans and Other Matters" (ASBJ Guidance No. 1, 16 December 2016), and the practical response report, "Practical Treatment of Accounting for Transfers Between Retirement Benefit Plans and Other Matters" (ASBJ PITF No. 2, 7 February 2007).」
Effective 1 February 2024, part of the retirement lump-sum benefit plan was transferred to a defined contribution pension plan. Asset transfers totaling ¥162.915 million are scheduled to be made over 4 years.