Review of retirement benefit plans accompanying the organizational restructuring of the lighting business
First written in FY2020-Q1. 3 of 5 entries say "Restated". Latest entry: FY2022-Q1.
No other company in this theme has enough history to compare yet.
- FY2022-Q1RestatedAnnual report
「Certain domestic consolidated subsidiaries had used the simplified method to calculate retirement benefit obligations through the end of the previous consolidated fiscal year. However, because a review of the retirement benefit plan accompanying the organizational restructuring of the lighting business increased the number of employees covered by the calculation to more than 300, the companies changed to the standard method from the first quarter. As a result, the liability for retirement benefits increased by ¥543 million, and ¥543 million was recorded as an extraordinary loss under retirement benefit expenses.」
The change in retirement benefit accounting accompanying the organizational restructuring of the lighting business, together with the impact of more than 300 covered employees and ¥543 million in liabilities and extraordinary losses, continued to be disclosed. - FY2020AchievedAnnual report
「Based on this merger agreement, we carried out an absorption-type merger effective 1 April 2020, with our company as the surviving company.」
The absorption-type merger of ウシオオプトセミコンダクター, which had reviewed its retirement benefit plan in connection with the organizational restructuring of the lighting business, was completed on 1 April 2020. - FY2020-Q3RestatedAnnual report
「Certain domestic consolidated subsidiaries had used the simplified method to calculate retirement benefit obligations through the end of the previous consolidated fiscal year. However, because a review of the retirement benefit plan accompanying the organizational restructuring of the lighting business increased the number of employees covered by the calculation to more than 300, the companies changed to the standard method from the first quarter. As a result, the liability for retirement benefits increased by ¥543 million, and ¥543 million was recorded as an extraordinary loss under retirement benefit expenses.」
The change in the method for calculating retirement benefit obligations accompanying the organizational restructuring of the lighting business, together with the number of covered employees exceeding 300 and the recognition of ¥543 million in liabilities and extraordinary losses, continued to be disclosed. - FY2020-Q2RestatedAnnual report
「Certain domestic consolidated subsidiaries had used the simplified method to calculate retirement benefit obligations through the end of the previous consolidated fiscal year. However, because a review of the retirement benefit plan accompanying the organizational restructuring of the lighting business increased the number of employees covered by the calculation to more than 300, the companies changed to the standard method from the first quarter. As a result, the liability for retirement benefits increased by ¥543 million, and ¥543 million was recorded as an extraordinary loss under retirement benefit expenses.」
The change in the method for calculating retirement benefit obligations accompanying the organizational restructuring of the lighting business, together with the number of covered employees exceeding 300 and the recognition of ¥543 million in liabilities and extraordinary losses, continued to be disclosed in the second quarter. - FY2020-Q1First statedAnnual report
「Certain domestic consolidated subsidiaries had used the simplified method to calculate retirement benefit obligations through the end of the previous consolidated fiscal year. However, because a review of the retirement benefit plan accompanying the organizational restructuring of the lighting business increased the number of employees covered by the calculation to more than 300, the companies changed to the standard method from the first quarter of the current consolidated fiscal year. As a result, the liability for retirement benefits increased by ¥543 million at the end of the first quarter, and ¥543 million was recorded as an extraordinary loss under retirement benefit expenses.」
Because the number of employees covered by the calculation exceeded 300 following the organizational restructuring of the lighting business and the review of the retirement benefit plan, the method for calculating retirement benefit obligations was changed from the simplified method to the standard method. This resulted in a ¥543 million increase in liabilities and the recognition of an extraordinary loss.