Employees’ Pension Fund Underfunding
First written in FY2017. 6 of 12 entries say "Restated". Latest entry: FY2025-H1.
Japan Lifeline moved to the "Worse" side of this theme in 2020, 2 years after the typical company in this theme (2018).
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in the risk of underfunding at the Employees' Pension Fund. - FY2023MitigatedAnnual report
「Pension assets: ¥182,141 million; total of the actuarial liability and minimum reserve calculated for pension funding purposes: ¥151,351 million; balance: ¥30,789 million」
The Employees' Pension Fund's balance was positive at ¥30,789 million, indicating an improvement in its funding position from ¥16,577 million in the previous fiscal year. - FY2021WorsenedAnnual report
「Balance: ¥773 million」
The Employees' Pension Fund maintained a positive balance, although it narrowed from ¥5,223 million in the previous fiscal year to ¥773 million. - FY2020WorsenedAnnual report
「Pension assets: ¥157,063 million; total of the actuarial liability and minimum reserve calculated for pension funding purposes: ¥151,840 million; balance: ¥5,223 million」
The Employees' Pension Fund maintained a positive balance, although it narrowed from ¥19,073 million in the previous fiscal year to ¥5,223 million. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in the risk of underfunding at the Employees' Pension Fund. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended [the second quarter]. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material change in the risk of underfunding at the Employees' Pension Fund. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three-month period ended [the first quarter]. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material change in the risk of underfunding at the Employees' Pension Fund. - FY2019MitigatedAnnual report
「Pension assets: ¥531,843 million; total of the actuarial liability and minimum reserve calculated for pension funding purposes: ¥512,770 million; balance: ¥19,073 million」
The Employees' Pension Fund's balance increased from ¥2,074 million in the previous fiscal year to ¥19,073 million in the current fiscal year, resulting in a positive balance rather than a shortfall. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in the risk of underfunding at the Employees' Pension Fund. - FY2018MitigatedAnnual report
「Pension assets: ¥549,912 million; total of the actuarial liability and minimum reserve calculated for pension funding purposes: ¥547,838 million; balance: ¥2,074 million」
The Employees' Pension Fund's funding position improved from a shortfall of ¥6,243 million in the previous fiscal year to a positive balance of ¥2,074 million in the current fiscal year. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company treats the risk of underfunding at the Employees' Pension Fund as having undergone no material change. - FY2017First statedAnnual report
「Pension assets: ¥531,916 million; total of the actuarial liability and minimum reserve calculated for pension funding purposes: ¥538,160 million; shortfall: ¥6,243 million」
For the Employees' Pension Fund, a multi-employer plan, the company disclosed a shortfall of ¥6,243 million as of the end of March 2017 and its special contribution of ¥59 million.