Risk of Fluctuations in Retirement Benefit Obligations and Pension Assets
First written in FY2017. 3 of 5 entries say "Mitigated", first in FY2019. Latest entry: FY2022.
The whole theme swung hardest in 2020: 7 of 49 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The net amount of liabilities and assets recognized on the consolidated balance sheet decreased from ¥3,765 million in the previous consolidated fiscal year to negative ¥1,100 million in the current consolidated fiscal year.」
The net retirement benefit liability and asset balance changed from a ¥3.765 billion liability surplus to a ¥1.100 billion asset surplus. - FY2021MitigatedAnnual report
「The net amount of liabilities and assets recognized on the consolidated balance sheet decreased from ¥13,521 million in the previous consolidated fiscal year to ¥3,765 million in the current consolidated fiscal year.」
The net retirement benefit liability and asset balance decreased from a ¥13.521 billion liability to a ¥3.765 billion liability, reducing the unfunded amount. - FY2020WorsenedAnnual report
「Retirement benefit obligation at period-end 194,905 Pension assets at period-end 181,384」
The difference between the retirement benefit obligation and pension assets was ¥13.521 billion, and the unfunded amount increased from ¥8.759 billion in the previous fiscal year. - FY2019MitigatedAnnual report
「As of the end of February 2019, the Group's retirement benefit obligation was ¥190.660 billion, the fair value of pension assets was ¥181.901 billion, the unfunded retirement benefit obligation was ¥8.759 billion, and retirement benefit expense for the fiscal year was ¥15.820 billion.」
The unfunded retirement benefit obligation decreased from ¥15.041 billion in the previous disclosure to ¥8.759 billion. - FY2017First statedAnnual report
「As of the end of February 2017, the Group's retirement benefit obligation was ¥183.978 billion, the fair value of pension assets was ¥168.936 billion, the unfunded retirement benefit obligation was ¥15.041 billion, and retirement benefit expense for the fiscal year was ¥16.783 billion.」
The Group disclosed a retirement benefit obligation of ¥183.978 billion, pension assets of ¥168.936 billion, and an unfunded obligation of ¥15.041 billion.