Risk of changes in pension-asset returns and actuarial assumptions
First written in FY2016. 12 of 13 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2020: 7 of 49 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments since the previous fiscal year regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2018RestatedAnnual report
「Losses may arise if the fair value of the bank’s pension assets declines, the investment return on those assets decreases, or the actuarial assumptions used to calculate projected benefit obligations change.」
The risk of fluctuations in the market value and investment returns of pension assets and in actuarial assumptions continues to be identified. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no newly arising matters that could materially affect investors’ decisions among the matters concerning the business and financial conditions described in this quarterly report, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2017RestatedAnnual report
「Losses may arise if the fair value of the bank’s pension assets declines, the investment return on those assets decreases, or the actuarial assumptions used to calculate projected benefit obligations change.」
The risk of fluctuations in the market value and investment returns of pension assets and in actuarial assumptions continues to be identified. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no newly arising matters that could materially affect investors’ decisions among the matters concerning the business and financial conditions described in this quarterly report, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no material changes to, or newly arising risks among, the business and other risks that could materially affect investors’ decisions, compared with the descriptions in the annual securities report for the previous fiscal year.」
It states that there have been no material changes or new developments regarding the risk of fluctuations in pension asset management and actuarial assumptions. - FY2016First statedAnnual report
「Losses may arise if the fair value of the bank’s pension assets declines, the investment return on those assets decreases, or the actuarial assumptions used to calculate projected benefit obligations change.」
The bank disclosed pension assets of ¥17.136 billion, a discount rate of 0.4%, and a long-term expected rate of return of 1.1%, among other assumptions and balances.