Changes in Pension Benefit Expense and Retirement Benefit Obligations
First written in FY2016. 10 of 20 entries say "Restated". Latest entry: FY2026.
Tsuzuki Denki moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Liabilities related to retirement benefits 4,498 3,859」
The liability for retirement benefits decreased from ¥4,498 million at the end of the previous consolidated fiscal year to ¥3,859 million, while retirement benefit assets amounted to ¥3,347 million. - 2026-05-15MitigatedEarnings
「Liabilities related to retirement benefits 4,498 3,859」
Liabilities related to retirement benefits decreased from ¥4,498 million to ¥3,859 million. - FY2025MitigatedAnnual report
「The discount rate applied in the calculation at the beginning of the current consolidated fiscal year was 0.5%. Following a review of the discount rate at the end of the fiscal year, the Group changed the discount rate to 1.5%.」
The discount rate increased from 0.5% to 1.5%, while the liability for retirement benefits decreased from ¥5,563 million to ¥4,498 million. The balance of the retirement benefit burden continued to decline. - FY2025-H1MitigatedAnnual report
「Liability for retirement benefits 5,563 5,072」
The liability for retirement benefits decreased from ¥5,563 million at 31 March 2024 to ¥5,072 million at 30 September 2024, and the decline in the balance of the retirement benefit burden continued. - FY2024MitigatedAnnual report
「Liability for retirement benefits 8,826 5,563」
The liability for retirement benefits decreased from ¥8,826 million at the end of the previous consolidated fiscal year to ¥5,563 million, and retirement benefit assets of ¥2,221 million were also recognized in the current fiscal year. The balance of the retirement benefit burden declined from the previous fiscal year. - FY2022WorsenedAnnual report
「Liability for retirement benefits 7,959 8,531」
The liability for retirement benefits increased from ¥7,959 million at the end of the previous consolidated fiscal year to ¥8,531 million, reflecting in the figures an increase in the retirement benefit burden. - FY2022-Q3WorsenedAnnual report
「Liability for retirement benefits 7,959 8,136」
The liability for retirement benefits increased from ¥7,959 million at the end of the previous consolidated fiscal year to ¥8,136 million, reflecting in the figures changes in the retirement benefit burden. - FY2021WorsenedAnnual report
「Liability for retirement benefits 6,805 7,959」
The liability for retirement benefits increased from ¥6,805 million at the end of the previous consolidated fiscal year to ¥7,959 million, reflecting in the figures changes in the burden arising from retirement benefit assumptions and actuarial differences. - FY2021-Q3RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods. In addition, a decline in the discount rate and losses on the management of pension plan assets affect the Group's pension expense.」
The Group continues to identify the risk that changes in retirement benefit assumptions and losses on the management of pension plan assets could affect future expenses and obligations. - FY2020WorsenedAnnual report
「The discount rate applied in the calculation at the beginning of the current consolidated fiscal year was 1.1%. Following a review of the discount rate at the end of the fiscal year, the Group determined that the change would have a material effect on the amount of its retirement benefit obligations and changed the discount rate to 0.5%.」
The discount rate fell from 1.1% to 0.5%, and the liability for retirement benefits increased from ¥5,434 million to ¥6,805 million. - FY2020-Q3RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods. In addition, a decline in the discount rate and losses on the management of pension plan assets affect the Group's pension expense.」
The Group continues to identify the risk that changes in retirement benefit assumptions and losses on the management of pension plan assets could affect future expenses and obligations. - FY2020-Q2RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods. In addition, a decline in the discount rate and losses on the management of pension plan assets affect the Group's pension expense.」
The Group continues to identify the risk that changes in retirement benefit assumptions and losses on the management of pension plan assets could affect future expenses and obligations. - FY2019RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods.」
The Group continues to identify the risk of changes in assumptions for retirement benefits, including the discount rate, compensation levels, employee turnover, mortality rates and the rate of return on pension plan assets. - FY2019-Q2RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods. In addition, a decline in the discount rate and losses on the management of pension plan assets affect the Group's pension expense.」
The Group continues to identify the risk that changes in retirement benefit assumptions and losses on the management of pension plan assets could affect future expenses and obligations. - FY2018-Q3RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions are changed, the effects accumulate and are recognized systematically over time, generally affecting expenses recognized and obligations recorded in future periods. In addition, a decline in the discount rate and losses on the management of pension plan assets affect the Group's pension expense.」
The Group continues to identify the risk that changes in retirement benefit assumptions and losses on the management of pension plan assets could affect future expenses and obligations. - FY2018-Q2RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, the effects accumulate and are recognized systematically over future periods, generally affecting expenses recognized and liabilities recorded in future periods.」
The Group continues to identify the risk that changes in assumptions for retirement benefits could affect future expenses and obligations. - FY2017-Q3RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, the effects accumulate and are recognized systematically over future periods, generally affecting expenses recognized and liabilities recorded in future periods.」
The Group continues to disclose the risk that changes in assumptions for retirement benefits could affect future expenses and obligations. - FY2017-Q2RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, the effects accumulate and are recognized systematically over future periods, generally affecting expenses recognized and liabilities recorded in future periods.」
The Group continues to disclose the risk that changes in assumptions for retirement benefits could affect future expenses and obligations. - FY2017-Q1RestatedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, the effects accumulate and are recognized systematically over future periods, generally affecting expenses recognized and liabilities recorded in future periods.」
The Group continues to disclose the risk of changes in assumptions for retirement benefits, including the discount rate, compensation levels, employee turnover, mortality rates and the rate of return on pension plan assets. - FY2016First statedAnnual report
「These assumptions include the discount rate, future compensation levels, employee turnover, mortality rates calculated based on the latest statistical data, and the long-term expected rate of return on pension plan assets.」
The Group states that changes in numerical assumptions, including the discount rate and long-term expected rate of return on plan assets, could affect future expenses and obligations.