Change in the Amortization Period for Retirement Benefit Actuarial Differences
First written in FY2021. . Latest entry: FY2025.
The whole theme swung hardest in 2026: 1 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2025Further Change in the Amortization PeriodAnnual report
「Actuarial differences had previously been expensed over a specified period of 8 years, within the average remaining service period of employees. Because the average remaining service period fell below that period, the amortization period has been changed to 7 years from the current consolidated fiscal year.」
The amortization period for actuarial differences changed from 8 years to 7 years. The impact on the financial statements is described as immaterial. - FY2023Further Change in the Amortization PeriodAnnual report
「Actuarial differences in the accounting treatment of retirement benefits had previously been expensed over a specified period of 9 years, within the average remaining service period of employees. Because the average remaining service period fell below that period, the amortization period has been changed to 8 years from the current consolidated fiscal year.」
The amortization period for actuarial differences changed from the previous 9 years to 8 years. The impact is described as immaterial. - FY2021First statedAnnual report
「Actuarial differences in the accounting treatment of retirement benefits had previously been expensed over a specified period of 11 years, within the average remaining service period of employees. Because the average remaining service period fell below that period, the amortization period has been changed to 9 years from the current consolidated fiscal year.」
Because the average remaining service period fell below the previous amortization period, the amortization period for actuarial differences changed from 11 years to 9 years. The impact on profit or loss is described as immaterial.