Komori
Somar (8152) · RiskAchieved

Volatility Risk in Retirement Benefit Obligations and Pension Asset Management

First written in FY2016. 1 of 3 entries say "Mitigated", first in FY2017. Latest entry: FY2024-Q1.

3entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016MitigatedFY2017 – FY2024-Q12016: 120162017: 120172018: 020182019: 020192020: 020202021: 020212022: 020222023: 12023
Same theme, other companies
Retirement Benefit Obligation Assumptions and Pension Asset Investment Volatility RiskA theme 75 companies write about · 75 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 7 of 49 companies on the "Worse" side.

0 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 75 companies compared. The sentences above are computed from all 75.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1AchievedAnnual report

    「Regarding (7) retirement benefit obligations disclosed in the annual securities report for the previous fiscal year, the company revised its retirement benefit plan in July 2023 and changed from a defined-benefit corporate pension plan to a defined-contribution pension plan. As a result, the company recorded a ¥320.232 million loss on the revision of the retirement benefit plan as an extraordinary loss during the first quarter of the current consolidated fiscal year, and this risk will therefore be eliminated.」

    The company changed from a defined-benefit corporate pension plan to a defined-contribution pension plan in July 2023 and states that the risk relating to retirement benefit obligations will be eliminated. In connection with the change, it recorded a ¥320.232 million loss on the revision of the retirement benefit plan.
  2. FY2017MitigatedAnnual report

    「The company has decided to introduce a defined-contribution pension plan (corporate plan) as a new system in place of the defined-benefit plan previously provided through the fund, with operations scheduled to begin on 1 July 2017.」

    Following the dissolution of the employees’ pension fund, the company plans to transfer part of the former fund-based defined-benefit plan to a defined-contribution pension plan.
  3. FY2016First statedAnnual report

    「A future decline in the discount rate or deterioration in investment returns would increase retirement benefit expenses and unrecognized actuarial differences, potentially adversely affecting the company’s performance and financial position.」

    The company identifies as a risk the possibility that a lower discount rate and deteriorating investment returns will increase retirement benefit expenses and related items.
Moved together

"Problem-solving companies that address market needs and strong proposal capabilities" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22★12
  1. ★This thread
  2. 1Problem-solving companies that address market needs and strong proposal capabilities2×
  3. 2Expansion of Business Scope into Emerging Overseas Markets and the North American Market2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Somar yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Volatility Risk in Retirement Benefit Obligations and Pension Asset Management | SOMAR CORPORATION (8152) | Komori