The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Supplementary Explanatory Materials for the Fiscal Year Ended March 2025
Open the original document4. Financial Position
Total assets ¥124,611 million / Equity ratio 85.0%
Total assets ¥126,575 million / Equity ratio 83.7%
Under our defined benefit pension plan, pension assets exceeded retirement benefit obligations. Although retirement benefit assets should therefore have been recognized, the amount calculated by erroneously aggregating the retirement benefit obligations and pension assets under other plans, excluding the relevant pension plan, was recognized as a liability related to retirement benefits. Accordingly, the related items have been corrected.
| Item | Details |
|---|---|
| Disclosure subject to correction | Supplementary Explanatory Materials for the Fiscal Year Ended March 2025 |
| Original disclosure date | 30 April 2025 |
| Location of correction | 4. Financial Position |
| Details of correction | Total assets ¥124,611 million / Equity ratio 85.0% → Total assets ¥126,575 million / Equity ratio 83.7%(Total assets: approximately 1.6% increase; equity ratio: Not disclosed) |
| Reason for correction | Under our defined benefit pension plan, pension assets exceeded retirement benefit obligations. Although retirement benefit assets should therefore have been recognized, the amount calculated by erroneously aggregating the retirement benefit obligations and pension assets under other plans, excluding the relevant pension plan, was recognized as a liability related to retirement benefits. Accordingly, the related items have been corrected. |
Items this document does not state (1)
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.Although retirement benefit assets should have been recognized because pension assets exceeded retirement benefit obligations under the defined benefit pension plan, the amount calculated by aggregating them with other retirement benefit obligations and pension assets was erroneously recognized as a liability related to retirement benefits.