Komori
Oki Electric Industry (6703) · RiskMitigated

Increase in Retirement Benefit Obligations Due to Market Interest Rates and Pension Asset Investment

First written in FY2016. 14 of 23 entries say "Worsened", first in FY2017. Latest entry: FY2026.

23entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY2021-Q3MitigatedFY2024-Q1 – FY20262016: 120162017: 120172018: 220182019: 320192020: 320202021: 420212022: 220222023: 320232024: 320242025: 020252026: 12026
Same theme, other companies
Interest Rate and Plan Asset Investment Risks under Defined Benefit PlansA theme 30 companies write about · 29 as a headwind · 1 as a tailwind

Oki Electric Industry moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

11 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Retirement benefit liability 27,100 19,109 Retirement benefit asset 34,617 47,275」

    The retirement benefit liability decreased from ¥27.1 billion to ¥19.1 billion, while the retirement benefit asset increased from ¥34.6 billion to ¥47.3 billion.
  2. FY2025-H1MitigatedAnnual report

    「Retirement benefit liability 27,887 27,252」

    The retirement benefit liability decreased from ¥27,887 million at the end of the previous consolidated fiscal year to ¥27,252 million.
  3. FY2024MitigatedAnnual report

    「Retirement benefit liability 30,906 27,887」

    The retirement benefit liability decreased from ¥30,906 million at the end of the previous fiscal year to ¥27,887 million, resulting in pension assets exceeding retirement benefit obligations.
  4. FY2024-Q3MitigatedAnnual report

    「Retirement benefit liability 30,906 30,269」

    The retirement benefit liability decreased from ¥30,906 million at the end of the previous consolidated fiscal year to ¥30,269 million, and also decreased from ¥30,441 million at the end of the previous quarter.
  5. FY2024-Q2MitigatedAnnual report

    「Retirement benefit liability 30,906 30,441」

    The retirement benefit liability decreased from ¥30,906 million at the end of the previous consolidated fiscal year to ¥30,441 million.
  6. FY2024-Q1MitigatedAnnual report

    「Retirement benefit liability 30,906 30,728」

    The retirement benefit liability decreased from ¥30,906 million at the end of the previous consolidated fiscal year to ¥30,728 million.
  7. FY2023-Q3WorsenedAnnual report

    「Retirement benefit liability 31,320 31,794」

    The retirement benefit liability increased from ¥31,320 million at the end of the previous consolidated fiscal year to ¥31,794 million at the end of the third quarter.
  8. FY2023-Q2WorsenedAnnual report

    「Liabilities related to retirement benefits 31,320 31,522」

    Liabilities related to retirement benefits increased from ¥3,132.0 billion at the end of the previous consolidated fiscal year to ¥3,152.2 billion at the end of the second quarter.
  9. FY2022-Q3MitigatedAnnual report

    「Liabilities related to retirement benefits 31,419 31,325」

    Liabilities related to retirement benefits decreased from ¥3,141.9 billion at the end of the previous consolidated fiscal year to ¥3,132.5 billion, slightly moderating from the upward trend through the previous quarter.
  10. FY2022-Q2WorsenedAnnual report

    「Liabilities related to retirement benefits 31,419 31,497」

    Liabilities related to retirement benefits increased from ¥31,419 million at the end of the previous consolidated fiscal year to ¥31,497 million at the end of the second quarter.
  11. FY2022-Q1WorsenedAnnual report

    「Liabilities related to retirement benefits 31,419 31,572」

    Liabilities related to retirement benefits increased from ¥3,141.9 billion at the end of the previous consolidated fiscal year to ¥3,157.2 billion at the end of the current quarter.
  12. FY2021MitigatedAnnual report

    「Liabilities related to retirement benefits 32,129 31,419」

    Liabilities related to retirement benefits decreased from ¥3,212.9 billion at the end of the previous consolidated fiscal year to ¥3,141.9 billion, moderating over the full fiscal year from the upward trend through the previous quarter.
  13. FY2021-Q3WorsenedAnnual report

    「Liabilities related to retirement benefits 32,129 32,409」

    Liabilities related to retirement benefits increased from ¥3,212.9 billion at the end of the previous consolidated fiscal year to ¥3,240.9 billion at the end of the third quarter.
  14. FY2021-Q2WorsenedAnnual report

    「Liabilities related to retirement benefits 32,129 32,244」

    Liabilities related to retirement benefits increased from ¥3,212.9 billion at the end of the previous consolidated fiscal year to ¥3,224.4 billion at the end of the second quarter.
  15. FY2021-Q1WorsenedAnnual report

    「Liabilities related to retirement benefits 32,129 32,280」

    Liabilities related to retirement benefits increased from ¥32,129 million at the end of the previous consolidated fiscal year to ¥32,280 million at the end of the first quarter.
  16. FY2020-Q3WorsenedAnnual report

    「Liabilities related to retirement benefits 30,158 30,912」

    Liabilities related to retirement benefits increased from ¥30,158 million at the end of the previous consolidated fiscal year to ¥30,912 million at the end of the third quarter.
  17. FY2020-Q2WorsenedAnnual report

    「Liabilities related to retirement benefits 30,158 30,633」

    Liabilities related to retirement benefits increased from ¥30,158 million at the end of the previous consolidated fiscal year to ¥30,633 million at the end of the second quarter.
  18. FY2020-Q1WorsenedAnnual report

    「Liabilities related to retirement benefits 30,158 30,336」

    Liabilities related to retirement benefits increased from ¥3,015.8 billion at the end of the previous consolidated fiscal year to ¥3,033.6 billion at the end of the first quarter.
  19. FY2019-Q3WorsenedAnnual report

    「Liabilities related to retirement benefits 27,814 28,635」

    Liabilities related to retirement benefits increased from ¥2,781.4 billion at the end of the previous consolidated fiscal year to ¥2,863.5 billion at the end of the third quarter.
  20. FY2019-Q2WorsenedAnnual report

    「Liabilities related to retirement benefits 27,814 28,335」

    Liabilities related to retirement benefits increased from ¥27,814 million at the end of the previous consolidated fiscal year to ¥28,335 million at the end of the second quarter.
  21. FY2018-Q3WorsenedAnnual report

    「Liabilities related to retirement benefits 26,199 28,905」

    Liabilities related to retirement benefits increased from ¥26,199 million at the end of the previous consolidated fiscal year to ¥28,905 million at the end of the third quarter. The increase in the liability balance indicated the risk of fluctuations in retirement benefit obligations due to market interest rates and other factors.
  22. FY2017WorsenedAnnual report

    「Net liabilities and assets recognized on the consolidated balance sheet 16,688」

    For retirement benefits, the net balance changed from an asset surplus of ¥2,445 million in the previous fiscal year to a liability surplus of ¥16,688 million.
  23. FY2016First statedAnnual report

    「As these assumptions are affected by market interest rates and the equity markets, actual results may differ, and retirement benefit obligations could increase.」

    The company identified the risk of changes in assumptions regarding the discount rate and pension asset management.
Moved together

"Sustained Growth Based on Stable Earnings" moved the same way as this thread, in the same document, in 14 of its 23 moves.

1414121098★123456
  1. ★This thread
  2. 1Sustained Growth Based on Stable Earnings14×
  3. 2Valuation losses and decline in valuation differences due to falling share prices14×
  4. 3Country Risk and Foreign Exchange Fluctuations in Overseas Business12×
  5. 4Inability to Procure Raw Materials and Components Reliably10×
  6. 5Bad debts resulting from deterioration in customers' financial condition9×
  7. 6Shrinking printer market and price competition8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Oki Electric Industry's next results are scheduled for 2026-11-05. Read the earnings preview
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Increase in Retirement Benefit Obligations Due to Market Interest Rates and Pension Asset Investment | Oki Electric Industry Company,Limited (6703) | Komori