Change in Expense Recognition Method for Actuarial Differences Related to Retirement Benefits
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
1 other company's latest entry also says "Achieved".
- FY2025AchievedAnnual report
「Previously, the Company expensed actuarial differences related to retirement benefits using a 3-year declining-balance method beginning in the consolidated fiscal year following the year in which they arose. From the current consolidated fiscal year, it changed to a 3-year straight-line method, with expenses recognized beginning in the consolidated fiscal year following the year in which the differences arose.」
The change in the method of accounting for actuarial differences disclosed in the interim period was applied to the full fiscal year, completing the change from a 3-year declining-balance method to a 3-year straight-line method. - FY2025-H1First statedAnnual report
「Previously, the Company expensed actuarial differences related to retirement benefits using a 3-year declining-balance method beginning in the consolidated fiscal year following the year in which they arose. From the current interim consolidated accounting period, it changed to a 3-year straight-line method, with expenses recognized beginning in the consolidated fiscal year following the year in which the differences arose.」
Under its growth strategy based on the medium-term management plan, the Company changed the method of accounting for actuarial differences from a 3-year declining-balance method to a 3-year straight-line method in order to more appropriately reflect the matching of store operating costs with revenue. The impact was immaterial, so the change was not applied retrospectively.