Shortening the Amortization Period for Actuarial Differences
First written in FY2020-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Achieved".
- FY2020AchievedAnnual report
「At certain consolidated subsidiaries, actuarial differences arising from the accounting treatment of retirement benefits had previously been amortized over 12 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 12 years, the amortization period was changed to 10 years from the consolidated fiscal year.」
The company disclosed the application, for the full fiscal year, of the amortization period changed from 12 years to 10 years, as planned and implemented in the previous fiscal year. - FY2020-Q2RestatedAnnual report
「At certain consolidated subsidiaries, actuarial differences arising from the accounting treatment of retirement benefits had previously been amortized over 12 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 12 years, the amortization period was changed to 10 years from the first-quarter consolidated accounting period.」
The company reiterated the accounting estimate to change the amortization period for actuarial differences from 12 years to 10 years. - FY2020-Q1First statedAnnual report
「At certain consolidated subsidiaries, actuarial differences related to retirement benefit accounting had previously been amortized over 12 years, a period within the employees' average remaining service period. Because the average remaining service period fell below 12 years, the amortization period was changed to 10 years beginning with the first quarter consolidated accounting period. The impact on profit or loss for the first quarter cumulative period was immaterial.」
At certain consolidated subsidiaries, the amortization period for actuarial differences related to retirement benefits was changed from 12 years to 10 years. The impact on profit or loss was immaterial.