Komori
Disclosure6326KUBOTA CORPORATIONMachinery

Notice Regarding the Cancellation of a Retirement Benefit Trust

The company has decided to cancel a retirement benefit trust whose assets exceed the retirement benefit obligation and receive approximately ¥49.6 billion in returned funds. Although the company expects to recognize an extraordinary gain of approximately ¥32.0 billion in its non-consolidated income statement as a result of the one-time amortization of unrecognized actuarial differences related to shares contributed to the trust, there will be no impact on the consolidated income statement.

Worth reading
77Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
496
¥100 million (expected amount to be returned)
Wording
Conditional
How definitive the wording is.

Decision and Details

Cancellation of the retirement benefit trust

Decision13 May 2026
Implementation29 May 2026 (scheduled; return and cancellation date)
Going forwardThe company plans to cancel the retirement benefit trust and receive the returned funds on 29 May 2026. It expects to recognize an extraordinary gain of approximately ¥32.0 billion in the income statement for the fiscal year ending December 2026.
AmountExpected amount to be returned: approximately ¥49.6 billion; extraordinary gain: approximately ¥32.0 billion
Reason

Pension assets, including the retirement benefit trust, are overfunded relative to the retirement benefit obligation, and this condition is expected to continue.

Impact on Business Performance

The company expects to recognize an extraordinary gain of approximately ¥32.0 billion in the income statement for the fiscal year ending December 2026. There will be no impact on the consolidated income statement.

Decision and Details
ItemDetails
Matter CoveredCancellation of the retirement benefit trust
Decision Date13 May 2026
Implementation Date29 May 2026 (scheduled; return and cancellation date)
AmountExpected amount to be returned: approximately ¥49.6 billion; extraordinary gain: approximately ¥32.0 billion
Impact on Business PerformanceThe company expects to recognize an extraordinary gain of approximately ¥32.0 billion in the income statement for the fiscal year ending December 2026. There will be no impact on the consolidated income statement.
ReasonPension assets, including the retirement benefit trust, are overfunded relative to the retirement benefit obligation, and this condition is expected to continue.
Future plansThe company plans to cancel the retirement benefit trust and receive the returned funds on 29 May 2026. It expects to recognize an extraordinary gain of approximately ¥32.0 billion in the income statement for the fiscal year ending December 2026.
Items this document does not state (5)
Decision-Making BodyPeriod CoveredQuantity / scaleGoverning RuleRelated previous disclosures

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.

Pension assets, including the retirement benefit trust, are overfunded relative to the retirement benefit obligation, and this condition is expected to continue.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Cancellation of a Retirement Benefit Trust | KUBOTA CORPORATION (6326) timely disclosure | Komori