Increase in Retirement Benefit Obligations and Expenses
First written in FY2016. 8 of 20 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Zuken moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
The whole theme swung hardest in 2020: 7 of 49 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The main factor behind the decrease in non-current liabilities was a decrease of ¥414 million in liabilities related to retirement benefits, among other factors.」
Liabilities related to retirement benefits decreased by ¥414.602 million from ¥3.690937 billion at the end of the previous fiscal year to ¥3.276335 billion, reducing the Group's exposure to the burden. - FY2026-H1MitigatedAnnual report
「Liabilities related to retirement benefits 3,690,937 3,689,038」
Liabilities related to retirement benefits decreased slightly from ¥3.690937 billion at the end of March 2025 to ¥3.689038 billion at the end of September 2025, reducing the Group's exposure to the burden. - FY2025-H1MitigatedAnnual report
「Liabilities related to retirement benefits 3,813,933 3,776,781」
Liabilities related to retirement benefits decreased from ¥3.813933 billion at the end of March 2024 to ¥3.776781 billion at the end of September 2024, slightly reducing the Group's exposure to the burden. - FY2024MitigatedAnnual report
「This resulted primarily from the net effect of recording a gain of ¥150 million on the termination of a retirement benefit plan as an extraordinary gain and special retirement payments of ¥69 million as an extraordinary loss, among other items.」
A gain of ¥150.679 million on the termination of a pension plan was recorded, and liabilities related to retirement benefits also decreased from ¥3.98222 billion at the end of the previous fiscal year to ¥3.81393 billion. Although special retirement payments were recorded, the termination of the plan has reduced future pension-related risks. - FY2024-Q3MaterialisedAnnual report
「Special retirement payments － 68,256」
Special retirement payments of ¥68.256 million were recorded as extraordinary losses. Liabilities related to retirement benefits decreased slightly from ¥3.982222 billion at the end of the previous fiscal year to ¥3.976165 billion. - FY2024-Q2MitigatedAnnual report
「Liabilities related to retirement benefits 3,982,222 3,962,084」
Liabilities related to retirement benefits decreased from ¥3.982222 billion at the end of March 2023 to ¥3.962084 billion at the end of September 2023, slightly reducing the Group's exposure to the burden. - FY2023WorsenedAnnual report
「The main factor behind the increase in non-current liabilities was an increase of ¥178 million in liabilities related to retirement benefits, among other factors.」
Liabilities related to retirement benefits increased from ¥3.803764 billion at the end of the previous fiscal year to ¥3.982222 billion, expanding the Group's exposure to the burden. - FY2023-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 3,803,764 3,924,101」
Liabilities related to retirement benefits increased from ¥3.803764 billion at the end of March 2022 to ¥3.924101 billion at the end of December 2022, further expanding the Group's exposure to the burden. - FY2023-Q2WorsenedAnnual report
「Liabilities related to retirement benefits 3,803,764 3,869,533」
Liabilities related to retirement benefits increased from ¥3.803764 billion at the end of March 2022 to ¥3.869533 billion at the end of September 2022, further expanding the Group's exposure to the burden. - FY2023-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 3,803,764 3,841,802」
Liabilities related to retirement benefits increased from ¥3.803764 billion at the end of March 2022 to ¥3.841802 billion at the end of June 2022, further expanding the Group's exposure to the burden. - FY2022-Q3MaterialisedAnnual report
「The Group recorded ¥3,490.776 million in retirement benefit expenses for losses incurred in connection with the buyout of the defined benefit pension plans of its UK consolidated subsidiaries Zuken Ltd. and Zuken UK Ltd.」
Retirement benefit expenses of ¥3.490776 billion were recorded in connection with the buyout of the UK subsidiary's pension plan. Meanwhile, liabilities related to retirement benefits decreased from ¥4.457677 billion at the end of the previous fiscal year to ¥3.735028 billion. - FY2022-Q2MitigatedAnnual report
「The pension plan has affected the Group's accounting and finances due to economic developments in the UK, but implementing this buyout will substantially reduce uncertainties, including the risks associated with managing future pension assets and deterioration in the plan's financial position.」
The Group resolved to buy out the defined benefit pension plan of its UK subsidiary and explained that this would substantially reduce uncertainties, including the risks associated with managing future pension assets and deterioration in the plan's financial position. It also expects an extraordinary loss of approximately ¥3.2 billion. - FY2022-Q1WorsenedAnnual report
「Liabilities related to retirement benefits 4,457,677 4,529,608」
Liabilities related to retirement benefits increased from ¥4.457677 billion at the end of March 2021 to ¥4.529608 billion at the end of June 2021, expanding the Group's exposure to the burden. - FY2021WorsenedAnnual report
「Liabilities related to retirement benefits」
Liabilities related to retirement benefits increased from ¥4.192 billion at the end of the previous fiscal year to ¥4.458 billion, expanding the Group's exposure to retirement benefit obligations. - FY2021-Q3WorsenedAnnual report
「Liabilities related to retirement benefits 4,192,059 4,289,709」
Liabilities related to retirement benefits increased from ¥4.192059 billion at the end of March 2020 to ¥4.289709 billion at the end of December 2020, further expanding the Group's exposure to retirement benefit obligations. - FY2020WorsenedAnnual report
「The main factor behind the increase in non-current liabilities was an increase of ¥349 million in liabilities related to retirement benefits, among other factors.」
Consolidated liabilities related to retirement benefits increased from ¥3.842 billion in the previous fiscal year to ¥4.192 billion, expanding the Group's exposure to retirement benefit obligations. - FY2018MaterialisedAnnual report
「The difference between the lump-sum contribution associated with the partial termination of defined benefit corporate pension plans adopted by overseas consolidated subsidiaries and the balance of the provision, among other items, has been recorded as retirement benefit expenses under extraordinary losses.」
Following the partial termination of a defined benefit corporate pension plan at an overseas subsidiary, retirement benefit expenses of ¥90.265 million were recorded as extraordinary losses, indicating that the risk of a retirement benefit expense burden materialized for the full fiscal year as well. - FY2018-Q3MaterialisedAnnual report
「The difference between the lump-sum contribution associated with the partial termination of defined benefit corporate pension plans adopted by overseas consolidated subsidiaries and the balance of the provision, among other items, has been recorded as retirement benefit expenses under extraordinary losses.」
Following the partial termination of a defined benefit corporate pension plan at an overseas subsidiary, retirement benefit expenses of ¥90.208 million were recorded as extraordinary losses, indicating that the risk of a retirement benefit expense burden has materialized. - FY2017RestatedAnnual report
「If the burden of retirement benefit obligations and expenses becomes substantial, this could affect the Group's financial results.」
The risk of a higher burden due to the assumptions used to calculate retirement benefit obligations and expenses, pension asset management, and changes in systems or accounting standards continues to be disclosed. - FY2016First statedAnnual report
「If the burden of retirement benefit obligations and expenses becomes substantial, this could affect the Group's financial results.」
The risk of a higher burden due to the assumptions used to calculate retirement benefits, pension asset management, and changes in systems or accounting standards is identified for the first time.