Deterioration in Pension Obligations and Pension Asset Investment
First written in FY2016. 1 of 4 entries say "Mitigated", first in FY2020. Latest entry: FY2020.
The whole theme swung hardest in 2025: 2 of 15 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「On 1 July 2019, the company and certain domestic subsidiaries transferred part of the contributions made before the transition date from the defined-benefit pension plan to the defined-contribution pension plan.」
As a response to pension liability risk, the company transferred part of the past contributions from the defined-benefit pension plan to the defined-contribution pension plan effective 1 July 2019. - FY2019The transition plan from defined-benefit to defined-contribution pensions became more specific.Annual report
「Effective 1 July 2019, the company also planned to transfer part of the past contributions made before the transition date from the defined-benefit pension plan to the defined-contribution pension plan,」
As a response to pension risk, the company specified the transfer of part of past contributions effective 1 July 2019 and disclosed a planned transfer of approximately ¥412.5 billion and a gain of ¥82,933 million from the plan revision. - FY2019-Q3Plan to transition to a defined-contribution pension schemeAnnual report
「Effective 1 July 2019, the company and certain domestic subsidiaries revised their existing retirement allowance and pension plans and plan to transfer part of the past contributions in the Panasonic Corporate Pension Fund from a defined-benefit pension plan to a defined-contribution pension plan.」
The company disclosed the 1 July 2019 revision to its retirement allowance and pension plans and the planned transfer of part of past contributions from a defined-benefit pension plan to a defined-contribution pension plan. It did not state that the plan change would reduce pension risk. - FY2016First statedAnnual report
「A 0.5 percentage-point decrease in the discount rate leads to an approximately 7% increase in retirement benefit obligations.」
The company disclosed retirement benefit obligations exceeding pension assets by ¥460 billion at the end of fiscal 2015.