Shortening the Expense-Recognition Period for Actuarial Differences
First written in FY2023-Q1. . Latest entry: FY2023.
The whole theme swung hardest in 2026: 1 of 9 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2023Update to full-year impact of change in expense recognition periodAnnual report
「For actuarial differences in the accounting treatment of retirement benefits, the Company had previously recognized expenses over 7 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 7 years, the expense recognition period was changed to 5 years from the current consolidated fiscal year. As a result, compared with using the previous expense recognition period, operating income, ordinary income and income before income taxes for the current consolidated fiscal year each increased by ¥32.486 million.」
The Company disclosed that the impact of changing the expense recognition period for actuarial differences from 7 years to 5 years increased each full-year profit figure by ¥32.486 million. - FY2023-Q3Update to cumulative impact of change in expense recognition periodAnnual report
「For actuarial differences in the accounting treatment of retirement benefits, the Company had previously recognized expenses over 7 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 7 years, the expense recognition period was changed to 5 years from the first quarter of the current consolidated fiscal year. As a result, compared with using the previous expense recognition period, operating income, ordinary income and income before income taxes for the cumulative third quarter of the current consolidated fiscal year each increased by ¥24.365 million.」
The Company disclosed that the impact of changing the expense recognition period for actuarial differences from 7 years to 5 years increased each profit figure for the cumulative third quarter by ¥24.365 million. - FY2023-Q2Disclosure of cumulative impact of change in expense recognition periodAnnual report
「For actuarial differences in the accounting treatment of retirement benefits, the Company had previously recognized expenses over 7 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 7 years, the expense recognition period was changed to 5 years from the first quarter of the current consolidated fiscal year. As a result, compared with using the previous expense recognition period, operating income, ordinary income and income before income taxes for the cumulative second quarter of the current consolidated fiscal year each increased by ¥16.243 million.」
The Company disclosed that the impact of changing the expense recognition period for actuarial differences from 7 years to 5 years increased each profit figure for the cumulative second quarter by ¥16.243 million. - FY2023-Q1First statedAnnual report
「For actuarial differences in the accounting treatment of retirement benefits, the Company had previously recognized expenses over 7 years, a specified period within the employees’ average remaining service period. Because the average remaining service period fell below 7 years, the expense recognition period was changed to 5 years from the first quarter of the current consolidated fiscal year. As a result, compared with using the previous expense recognition period, operating loss, ordinary loss and loss before income taxes for the cumulative first quarter of the current consolidated fiscal year each decreased by ¥8.931 million.」
The expense recognition period for actuarial differences was changed from 7 years to 5 years, reducing operating loss, ordinary loss and loss before income taxes for the quarter by ¥8.931 million each.