Kintetsu Department Store (8244) · FactRestated
Partial Return of Retirement Benefit Trust Assets
First written in FY2024-Q2. 1 of 2 entries say "Restated". Latest entry: FY2024-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Recognition of Gain on Return of Retirement Benefit Trust AssetsA theme 13 companies write about · 0 as a headwind · 13 as a tailwind
3 other companies' latest entry also says "Restated".
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- FY2024-Q3RestatedAnnual report
「We established a retirement benefit trust to provide for future retirement benefits. As pension assets were in a state of overfunding relative to retirement benefit obligations and this condition was expected to continue, we received the return of ¥1,900 million from part of the retirement benefit trust.」
The return of ¥1,900 million from part of the retirement benefit trust due to pension assets being overfunded is also disclosed for the current third-quarter cumulative period. - FY2024-Q2First statedAnnual report
「As pension assets were in a state of overfunding relative to retirement benefit obligations and this condition was expected to continue, we received the return of ¥1,900 million from part of the retirement benefit trust.」
We received the return of ¥1,900 million from part of the retirement benefit trust because the overfunded position was expected to continue.