Gain on Revision of Retirement Benefit Plan Due to Revision of Retirement Allowance Regulations
First written in FY2021-Q1. 1 of 2 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q2.
2 other companies' latest entry also says "Achieved".
- FY2021-Q2AchievedAnnual report
「As a result of recording a gain on revision of the retirement benefit plan as extraordinary income, the quarterly net loss attributable to owners of the parent was ¥57 million, compared with a quarterly net loss attributable to owners of the parent of ¥104 million in the same quarter of the previous year.」
The ¥24.917 million gain on revision of the retirement benefit plan associated with the amendment of the retirement allowance regulations, which was disclosed as planned in the previous quarter, was recorded as extraordinary income during the current cumulative quarter and has now been implemented. - FY2021-Q1First statedAnnual report
「Based on a resolution passed at the Board of Directors meeting held on 27 April 2020, we will amend the retirement allowance regulations effective 1 May 2020 to abolish, among other provisions, the additional payments for early retirement. As a result of this amendment, primarily due to a decrease in the retirement benefit obligation under the unfunded plan, we expect to record a gain on revision of the retirement benefit plan of ¥24.917 million as extraordinary income on the amendment date.」
The company has newly disclosed as a material subsequent event that it will amend its retirement allowance regulations effective 1 May 2020, reducing its retirement benefit obligation through the abolition of additional early-retirement payments and other measures, and plans to record a ¥24.917 million gain on revision of the retirement benefit plan.