YASKAWA Electric (6506) · InitiativeAchieved
Partial Transition from Defined-Benefit to Defined-Contribution Pension Plans
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
2entries
1years
0from disclosures
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Transition from a Defined-Benefit Corporate Pension Plan to a Defined-Contribution PlanA theme 112 companies write about · 10 as a headwind · 82 as a tailwind
47 other companies' latest entry also says "Achieved".
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Showing 14 of the 112 companies compared. The sentences above are computed from all 112.Full recordFilings, disclosures and news, newest first
- FY2023-Q1AchievedAnnual report
「Effective 1 April 2022, we and certain domestic subsidiaries revised our retirement allowance and pension plans and transferred part of the assets of the Yaskawa Electric Corporate Pension Fund from the defined benefit pension plan to the defined contribution pension plan.」
The retirement allowance and pension plan revisions planned for FY2022 were implemented effective 1 April 2022. In connection with the plan transition, ¥3,590 million was recognized in other income. - FY2022First statedAnnual report
「Effective 1 April 2022, we and certain domestic subsidiaries revised our retirement allowance and pension plans and transferred part of the assets of the Yaskawa Electric Corporate Pension Fund from the defined benefit pension plan to the defined contribution pension plan.」
Effective 1 April 2022, we transferred part of the pension assets from the defined benefit plan to the defined contribution plan and expected to record an extraordinary gain of approximately ¥3.6 billion in the following fiscal year.