Uncertainty Regarding Expenses Arising from the Dissolution of an Employees' Pension Fund
First written in FY2017-Q1. 10 of 14 entries say "Restated". Latest entry: FY2021-Q1.
The whole theme swung hardest in 2021: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2021-Q1MitigatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, received approval for dissolution from the Minister of Health, Labour and Welfare effective 22 March 2017 based on a resolution of the representatives' meeting held on 27 January 2017 and was undergoing liquidation procedures, which were completed effective 14 July 2020. No additional burden arose from the dissolution of the fund.」
The fund's liquidation was completed effective 14 July 2020, and the company stated that no additional burden arose from its dissolution, further reducing the previous uncertainty regarding costs. - FY2020-Q3RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, received approval for dissolution from the Minister of Health, Labour and Welfare effective 22 March 2017, based on a resolution of the representatives' meeting held on 27 January 2017, and is currently undergoing liquidation procedures. No additional burden is expected to arise from the dissolution of the fund.」
The fund is undergoing liquidation procedures following approval of its dissolution, and the company continues to explain that no additional burden is expected to arise. - FY2020-Q2RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, received approval for dissolution from the Minister of Health, Labour and Welfare effective 22 March 2017, based on a resolution of the representatives' meeting held on 27 January 2017, and is currently undergoing liquidation procedures. No additional burden is expected to arise from the dissolution of the fund.」
The fund is undergoing liquidation procedures following approval of its dissolution, and the company continues to explain that no additional burden is expected to arise. - FY2019RestatedAnnual report
「The fund received approval for dissolution from the Minister of Health, Labour and Welfare effective 22 March 2017 and is currently undergoing liquidation procedures. No additional burden is expected to arise from the dissolution of the fund.」
The fund is undergoing liquidation procedures following approval of its dissolution, and the company continues to explain that no additional burden is expected to arise. - FY2019-Q3RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, was dissolved with the approval of the Minister of Health, Labour and Welfare effective 22 March 2017 and is currently undergoing liquidation procedures. No additional burden is expected to arise from the dissolution of the fund.」
The fund is undergoing liquidation procedures following approval of its dissolution, and the company continues to explain that no additional burden is expected to arise. - FY2019-Q2RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, was dissolved effective 22 March 2017 with the approval of the Minister of Health, Labour and Welfare, based on a resolution of the representatives' meeting held on 27 January 2017. No additional burden is expected to arise from the dissolution of the fund.」
The company is reiterating that the Employees' Pension Fund's dissolution has been completed and that no additional burden is expected to arise. - FY2019-Q1RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, was dissolved effective 22 March 2017 with the approval of the Minister of Health, Labour and Welfare, based on a resolution of the representatives' meeting held on 27 January 2017. No additional burden is expected to arise from the dissolution of the fund.」
The company is reiterating that the fund's dissolution has been completed and that no additional burden is expected to arise. - FY2018RestatedAnnual report
「No additional burden is expected to arise from the dissolution of the fund.」
The company is reiterating that the Employees' Pension Fund's dissolution has been completed and that no additional burden is expected to arise. - FY2018-Q2RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, applied for approval to dissolve the fund based on a resolution of the representatives' meeting held on 27 January 2017. The Minister of Health, Labour and Welfare approved the dissolution of the fund effective 22 March 2017, and the fund was dissolved on the same date. At present, no additional burden is expected to arise from the dissolution of the fund.」
The company is reiterating that the fund's dissolution has been completed and that no additional burden is expected to arise, as explained in the previous period. - FY2018-Q1RestatedAnnual report
「The Tokyo Metal Industry Employees' Pension Fund, in which the company participated, applied for approval to dissolve the fund based on a resolution of the representatives' meeting held on 27 January 2017. The Minister of Health, Labour and Welfare approved the dissolution of the fund effective 22 March 2017, and the fund was dissolved on the same date. At present, no additional burden is expected to arise from the dissolution of the fund.」
The company is reiterating that the fund's dissolution has been completed and that no additional burden is expected to arise, as explained in the previous period. - FY2017MitigatedAnnual report
「The Minister of Health, Labour and Welfare approved the dissolution of the fund effective 22 March 2017, and the fund was dissolved on the same date. At present, no additional burden is expected to arise from the dissolution of the fund.」
The dissolution of the Employees' Pension Fund was approved and completed, and the company explained that no additional burden was expected to arise, reducing the previous uncertainty regarding costs. - FY2017-Q3AdvancedAnnual report
「An application for approval to dissolve the fund was filed with the Ministry of Health, Labour and Welfare on 30 January 2017.」
Regarding the dissolution of the Employees' Pension Fund, the company progressed from its previous dissolution policy to filing a specific application for approval. However, it continues to state that the amount of costs and their impact on results cannot reasonably be estimated. - FY2017-Q2RestatedAnnual report
「Because uncertain factors, including changes in the asset management environment, may arise during the period until the fund is dissolved, it is currently impossible to reasonably estimate the costs that will arise from the dissolution or its impact on results.」
The disclosure continues to state that the fund's dissolution policy and the impact of the costs cannot be reasonably estimated. - FY2017-Q1First statedAnnual report
「Because uncertain factors, including changes in the asset management environment, may arise during the period until the fund is dissolved, it is currently impossible to reasonably estimate the costs that will arise from the dissolution or its impact on results.」
Although a policy to dissolve the fund has been approved, the amount of costs and their impact on results cannot currently be estimated.