Market Volatility Risks for Retirement Benefit Obligations and Pension Assets
First written in FY2017. 2 of 4 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2023.
2 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「During the current consolidated fiscal year, the company established a retirement benefit trust and contributed ¥1 billion to provide for future retirement benefits.」
The ¥1 billion contribution to the retirement benefit trust reduced liabilities related to retirement benefits by ¥1,043 million, advancing measures to address retirement benefit obligations. - FY2023-Q2MitigatedAnnual report
「During the second quarter of the current consolidated fiscal year, the company established a retirement benefit trust and contributed ¥1 billion to provide for future retirement benefits. As a result, cash and deposits and liabilities related to retirement benefits each decreased by the same amount.」
The company established a retirement benefit trust to provide for future retirement benefits and contributed ¥1 billion, reducing liabilities related to retirement benefits by the same amount. - FY2019RestatedAnnual report
「The company introduced defined contribution pension plans in fiscal 2009, and employees fully transitioned to defined contribution pension plans in fiscal 2012, reducing the risk. However, additional contributions and expenses related to corporate pension recipients and deferred recipients remain a risk and may affect the Group’s financial position and operating results.」
The company continues to explain that, while the full transition to defined contribution pension plans reduced the risk, the risk of additional contributions related to existing pension recipients and deferred recipients remains. - FY2017First statedAnnual report
「Additional contributions and expenses related to corporate pension recipients and deferred recipients remain a risk and may affect the Group’s financial position and operating results.」
While the full transition to defined contribution pension plans reduced the risk, the company states that the risk of additional contributions related to existing pension recipients and deferred recipients remains.