Pension funding shortfalls and additional contributions under a multi-employer plan
First written in FY2017. 3 of 7 entries say "Mitigated", first in FY2019. Latest entry: FY2024.
Kisoji moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Pension assets ¥50,924 million Liability reserve ¥44,428 million Difference ¥6,495 million」
Under the multi-employer plan, which had previously reported a zero difference, pension assets were disclosed as exceeding the liability reserve by ¥6,495 million. The difference in funding status has become evident in the reported results. - FY2022MitigatedAnnual report
「Pension assets ¥55,513 million Liability reserve ¥55,513 million Difference －」
Under the multi-employer plan, pension assets and the liability reserve were both ¥5,551.3 million, resulting in a zero difference, with no funding shortfall identified. - FY2021MitigatedAnnual report
「Pension assets ¥49,664 million Liability reserve ¥49,664 million Difference －」
Under the multi-employer plan, pension assets and the liability reserve were equal, with the difference stated as zero. The carryforward deficit disclosed through the previous period had been eliminated. - FY2020ReframedAnnual report
「We participated in the Food Service Industry JEF Employees' Pension Fund, a multi-employer plan established jointly by participating employers. The pension fund received approval from the Minister of Health, Labour and Welfare to return the substitutional portion for future periods as of 1 April 2018 and was dissolved as of 1 January 2019. The Food Service Industry JEF Corporate Pension Fund was established on the same date, and we joined that fund.」
The disclosure describes a change in the pension plan under which the former fund was dissolved and the company joined the new Food Service Industry JEF Corporate Pension Fund. The carryforward deficit for the previous fiscal year was stated as ¥440.8 million. - FY2019MitigatedAnnual report
「The pension actuarial carryforward deficit (¥948.9 million in the previous fiscal year and ¥440.8 million in the current fiscal year) will be dealt with, as necessary, by methods including raising the special contribution rate based on the actuarial revaluation.」
The carryforward deficit fell substantially from ¥948.9 million to ¥440.8 million, while the possibility of additional contributions through an increase in the special contribution rate and other measures continues to be disclosed. - FY2018Pension carryforward deficit decreasedAnnual report
「The pension actuarial carryforward deficit (¥10,135 million in the previous fiscal year and ¥9,489 million in the current fiscal year) will be dealt with, as necessary, by methods including raising the special contribution rate based on the actuarial revaluation.」
The carryforward deficit decreased from ¥10,135 million in the previous fiscal year to ¥9,489 million, but the possibility of additional contributions through an increase in the special contribution rate and other measures continues to be disclosed. - FY2017First statedAnnual report
「The pension actuarial carryforward deficit (¥11,849 million in the previous fiscal year and ¥10,135 million in the current fiscal year) will be dealt with, as necessary, by methods including raising the special contribution rate based on the actuarial revaluation.」
Disclosed the multi-employer plan's carryforward deficit in numerical terms and stated the possibility of additional contributions in the future, including an increase in the special contribution rate.