Full transition from a combined defined benefit and defined contribution plan to a defined contribution pension plan
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
0 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries fully transitioned, effective 1 October 2024, from a retirement benefit system comprising both a defined benefit corporate pension plan and a defined contribution pension plan to a defined contribution pension plan. For the accounting treatment associated with the transition, the Company plans to apply the Accounting Treatment for Transfers, etc. between Retirement Benefit Plans and the Practical Guidance on the Accounting Treatment for Transfers, etc. between Retirement Benefit Plans, and plans to record ¥162.295 million as an extraordinary loss associated with the transition.」
On 1 October 2024, the Company implemented the planned full transition from the combined defined benefit and defined contribution plan to a defined contribution pension plan. The Company plans to record an extraordinary loss of ¥162.295 million in connection with the transition. - FY2024First statedAnnual report
「The Company and certain domestic consolidated subsidiaries plan to fully transition, effective 1 October 2024, from the current retirement benefit system comprising both a defined benefit corporate pension plan and a defined contribution pension plan to a defined contribution pension plan.」
The Company has disclosed for the first time its plan to fully transition the retirement benefit plans of the Company and certain domestic consolidated subsidiaries to a defined contribution pension plan from 1 October 2024. The impact of the transition on the financial position and operating results is stated to be undetermined.