Increase in Underfunding of Retirement Benefit Obligations
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2026.
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「This was mainly due to increases of ¥8,086 million in investment securities, ¥3,203 million in investments, and ¥2,128 million in retirement benefit-related assets, among other factors.」
Retirement benefit-related assets increased by ¥2,128 million due to an increase in the period-end fair value of pension assets and other factors, mitigating the impact of the unfunded retirement benefit risk that had emerged in the previous fiscal year on the financial position. - FY2025MaterialisedAnnual report
「This was mainly due to decreases of ¥2,507 million in retirement benefit-related assets, ¥2,424 million in investment securities, ¥1,473 million in property, plant and equipment, and ¥974 million in trade receivables, among other factors.」
Retirement benefit-related assets decreased by ¥2,507 million due to a decline in the period-end fair value of pension assets and other factors, reflecting the impact of retirement benefit risk on the financial position. - FY2019RestatedAnnual report
「If changes in market conditions result in lower investment returns or other changes in assumptions, amounts recognized as expenses, including any increase in the underfunding of retirement benefit obligations, may increase and affect the Group's results.」
The risk of increased retirement benefit obligations due to market changes and lower investment returns is reiterated. - FY2018First statedAnnual report
「If changes in market conditions result in lower investment returns or other changes in assumptions, amounts recognized as expenses, including any increase in the underfunding of retirement benefit obligations, may increase and affect the Group's results.」
Describes the potential for retirement benefit obligations and expenses to increase through changes in discount rates, expected returns and other assumptions.