Transfer of Part of Defined-Benefit Pension Plan to Defined-Contribution Pension Plan
First written in FY2017-Q1. 5 of 7 entries say "Restated". Latest entry: FY2021.
21 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「In addition, on 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan.」
The policy of transferring part of the defined-benefit corporate pension plan to a defined-contribution pension plan was reconfirmed. - FY2020RestatedAnnual report
「In addition, on 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan.」
The policy of transferring part of the defined-benefit pension plan to a defined-contribution pension plan was reconfirmed. - FY2018RestatedAnnual report
「The amount to be transferred to the defined-contribution pension plan in connection with the partial transfer from the defined-benefit corporate pension plan was ¥1,801 million, and is scheduled to be transferred over 4 years. The ¥835 million not yet transferred as of the end of the current consolidated fiscal year was recorded as accounts payable under other liabilities.」
The partial transfer of the plan was reconfirmed, with ¥1,801 million scheduled to be transferred over 4 years, and the ¥835 million not yet transferred was recorded. - FY2017RestatedAnnual report
「On 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan. In connection with this transfer, we recognized an extraordinary gain of ¥863 million in the current consolidated fiscal year, resulting from the reduction in retirement benefit obligations.」
The partial transfer of the plan and recognition of an extraordinary gain of ¥863 million were reconfirmed in the annual results. The ¥1,801 million transferred to the defined-contribution pension plan is scheduled to be transferred over 4 years. - FY2017-Q3RestatedAnnual report
「On 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan. For the accounting treatment associated with the transfer, we applied the Accounting Treatment for Transfers, etc. between Retirement Benefit Plans (Accounting Standards Implementation Guidance No. 1, 31 January 2002) and Practical Treatment of Accounting for Transfers, etc. between Retirement Benefit Plans (Practical Issues Task Force No. 2, 7 February 2007), and accounted for the portion transferred to the defined-contribution pension plan as a partial termination of the retirement benefit plan. In connection with this transfer, we recognized an extraordinary gain of ¥863 million in the cumulative consolidated accounting period for the third quarter, resulting from the reduction in retirement benefit obligations.」
The plan transfer on 1 April 2016 and the associated recognition of an extraordinary gain of ¥863 million were reconfirmed. - FY2017-Q2AchievedAnnual report
「On 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan. For the accounting treatment associated with the transfer, we applied the Accounting Treatment for Transfers, etc. between Retirement Benefit Plans (Accounting Standards Implementation Guidance No. 1, 31 January 2002) and Practical Treatment of Accounting for Transfers, etc. between Retirement Benefit Plans (Practical Issues Task Force No. 2, 7 February 2007), and accounted for the portion transferred to the defined-contribution pension plan as a partial termination of the retirement benefit plan. In connection with this transfer, we recognized an extraordinary gain of ¥863 million in the current interim consolidated accounting period, resulting from the reduction in retirement benefit obligations.」
The completion of the plan transfer on 1 April 2016 was reconfirmed, and the results included recognition of an extraordinary gain of ¥863 million resulting from the reduction in retirement benefit obligations associated with the transfer. - FY2017-Q1First statedAnnual report
「On 1 April 2016, we transferred part of the defined-benefit corporate pension plan, excluding the portions for deferred beneficiaries and pension recipients, to a defined-contribution pension plan. For the accounting treatment associated with the transfer, we applied the Accounting Treatment for Transfers, etc. between Retirement Benefit Plans (Accounting Standards Implementation Guidance No. 1, 31 January 2002) and Practical Treatment of Transfers, etc. between Retirement Benefit Plans (Practical Issues Task Force No. 2, 7 February 2007), and accounted for the portion transferred to the defined-contribution pension plan as a partial termination of the retirement benefit plan.」
On 1 April 2016, we transferred part of the plan, excluding the portions for deferred beneficiaries and pension recipients, and recognized an extraordinary gain of ¥863 million resulting from the reduction in retirement benefit obligations.