Transfer to a Risk-Sharing Corporate Pension Plan and Accounting Treatment
First written in FY2021-Q1. 1 of 3 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Reframed".
- FY2021ReframedAnnual report
「In April 2020, the company transferred part of its defined benefit plan to a defined contribution pension plan, and the transfer of assets had been completed as of the end of the current consolidated fiscal year.」
The description changed from the previous reference to a risk-sharing corporate pension plan to a statement that part of the defined benefit plan had been transferred to a defined contribution pension plan, explicitly stating that the transfer of assets had been completed. The extraordinary gain associated with the transition was ¥22.399 million. - FY2021-Q3RestatedAnnual report
「In April 2020, the company transferred part of its defined benefit plan to a risk-sharing corporate pension plan classified as a defined contribution plan under Paragraph 4 of the Accounting Standard for Retirement Benefits, and applies the Practical Solution on the Accounting Treatment and Disclosure for Risk-Sharing Corporate Pension Plans (Practical Issues Task Force Report No. 33, 16 December 2016). The resulting recognized gain or loss was recorded as an extraordinary loss of ¥1.774 million during the first nine months of the current consolidated fiscal year.」
The transition to a risk-sharing corporate pension plan, the related accounting treatment and the recording of a ¥1.774 million extraordinary loss in connection with the transition have been reaffirmed. - FY2021-Q1First statedAnnual report
「In April 2020, the company transferred part of its defined benefit plan to a risk-sharing corporate pension plan classified as a defined contribution plan under Paragraph 4 of the Accounting Standard for Retirement Benefits, and applies the Practical Solution on the Accounting Treatment and Disclosure for Risk-Sharing Corporate Pension Plans (Practical Issues Task Force Report No. 33, 16 December 2016). The resulting recognized gain or loss was recorded as an extraordinary loss of ¥1.774 million during the first quarter of the current consolidated fiscal year.」
In April 2020, part of the defined benefit plan was transferred to a risk-sharing corporate pension plan, and the related accounting treatment was applied. A ¥1.774 million extraordinary loss was recorded in connection with the transition.