Changes in discount rates and pension asset investment returns
First written in FY2016. 1 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 6 of 43 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2026Both the discount rate and the long-term expected rate of return on pension assets increasedAnnual report
「Discount rate 1.8% 2.5% Long-term expected rate of return on pension assets 1.9% 2.3%」
Both the discount rate and the long-term expected rate of return on pension assets increased, from 1.8% to 2.5% and from 1.9% to 2.3%, respectively. - FY2025Discount rate increased; long-term expected rate of return on pension assets decreasedAnnual report
「Discount rate 1.0% 1.8% Long-term expected rate of return on pension assets 2.2% 1.9%」
The discount rate increased from 1.0% to 1.8%, while the long-term expected rate of return on pension assets decreased from 2.2% to 1.9%. - FY2022Both the discount rate and the long-term expected rate of return on pension assets increasedAnnual report
「Discount rate 0.4% 0.5% Long-term expected rate of return on pension assets 1.4% 2.4%」
The discount rate increased from 0.4% to 0.5%, while the long-term expected rate of return on pension assets increased from 1.4% to 2.4%. - FY2021Discount rate increased; long-term expected rate of return on pension assets decreasedAnnual report
「Discount rate 0.2% 0.4% Long-term expected rate of return on pension assets 2.5% 1.4%」
In the current consolidated fiscal year, the discount rate increased from 0.2% to 0.4%, while the long-term expected rate of return on pension assets decreased from 2.5% to 1.4%. - FY2020Discount rate decreased; long-term expected rate of return on pension assets increasedAnnual report
「Discount rate 0.3% 0.2% Long-term expected rate of return on pension assets 2.1% 2.5%」
The discount rate decreased from 0.3% to 0.2%, while the long-term expected rate of return on pension assets increased from 2.1% to 2.5%. Liabilities related to retirement benefits increased from ¥39 million to ¥311 million. - FY2018Long-term expected rate of return on pension assets decreasedAnnual report
「Long-term expected rate of return on pension assets 7.4% 3.2%」
The long-term expected rate of return on pension assets decreased from 7.4% in the previous consolidated fiscal year to 3.2% in the current consolidated fiscal year. Meanwhile, liabilities related to retirement benefits decreased from ¥263,607 thousand to ¥16,808 thousand. - FY2017RestatedAnnual report
「A decline in the discount rate or deterioration in investment returns may affect the Group's operating results.」
Reiterates the risk of changes in the discount rate for retirement benefit obligations and the rate of return on pension asset investments. - FY2016First statedAnnual report
「A decline in the discount rate or deterioration in investment returns may affect the Group's operating results.」
Risks relating to the assumptions used to calculate retirement benefit obligations and the performance of pension asset investments.