Market Volatility Risk Relating to Post-Retirement Benefits
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 2 of 14 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Our group's pension assets include domestic and overseas equities and bonds. Depending on trends in the equity and bond markets, the value of these assets could decline and expenses related to post-employment benefits could increase. In such a case, our group's operating results and financial position could be adversely affected.」
Continued to describe the risk that market volatility affecting pension assets could increase post-employment benefit expenses. - FY2018RestatedAnnual report
「Our group's pension assets include domestic and overseas equities and bonds. Depending on trends in the equity and bond markets, the value of these assets could decline and expenses related to post-employment benefits could increase. In such a case, our group's operating results and financial position could be adversely affected.」
Continued to describe the risk that market volatility affecting pension assets could increase post-employment benefit expenses. - FY2017First statedAnnual report
「Our group's pension assets include domestic and overseas equities and bonds. Depending on trends in the equity and bond markets, the value of these assets could decline and expenses related to post-employment benefits could increase.」
Explicitly described the pension assets' exposure to equity and bond markets and the possibility that a decline in asset values could increase post-employment benefit expenses.