Risk to Pension Benefit Obligations from Poor Pension Investment Performance and Low Interest Rates
First written in FY2016. 22 of 23 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 2 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2025RestatedAnnual report
「A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could affect financial condition and business performance from the next consolidated fiscal year onward.」
The company reconfirms retirement benefit obligation risks arising from pension investment performance, interest rates, discount rates, and plan changes. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2020RestatedAnnual report
「If the results of retirement pension asset investments differ from the assumptions, the resulting impact amount, or actuarial difference, is amortised on a straight-line basis over 10 years beginning with the consolidated fiscal year following the year in which it arises. A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could adversely affect business performance and financial condition from the next consolidated fiscal year onward.」
The company reconfirms the treatment of amortising actuarial differences over 10 years and retirement benefit obligation risks arising from pension investment performance, low interest rates, and discount rates. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2019RestatedAnnual report
「If the results of retirement pension asset investments differ from the assumptions, the resulting impact amount, or actuarial difference, is amortised on a straight-line basis over 10 years beginning with the consolidated fiscal year following the year in which it arises. A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could adversely affect business performance and financial condition from the next consolidated fiscal year onward. In addition, changes to the retirement benefit plan could result in past service costs.」
The company reconfirms the treatment of amortising actuarial differences over 10 years, as well as retirement benefit obligation risks arising from pension investment performance, low interest rates, discount rates, and plan changes. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2018RestatedAnnual report
「A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could adversely affect business performance and financial condition from the next consolidated fiscal year onward. In addition, changes to the retirement benefit plan could result in past service costs.」
The company reiterates retirement benefit obligation risks arising from pension investment performance, low interest rates, discount rates, and plan changes. - FY2018-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2018-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2017RestatedAnnual report
「A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could adversely affect business performance and financial condition from the next consolidated fiscal year onward. In addition, changes to the retirement benefit plan could result in past service costs.」
The company reiterates retirement benefit obligation risks arising from pension investment performance, low interest rates, discount rates, and plan changes. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that no new risks have arisen and that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes from the previous fiscal year regarding retirement benefit obligation risk due to deteriorating pension investment performance and low interest rates. It also states that no new risks have arisen during the quarter. - FY2016First statedAnnual report
「A deterioration in the investment returns on pension assets or a decline in discount rates resulting from a prolonged period of ultra-low interest rates could adversely affect business performance and financial condition from the next consolidated fiscal year onward. In addition, changes to the retirement benefit plan could result in past service costs.」
The company identifies the possibility that pension asset investment performance, interest rates, discount rates, and plan changes could affect business performance and financial condition from the following fiscal year onward.