Change in the Amortization Period for Actuarial Differences Related to Retirement Benefits
First written in FY2022-Q1. 4 of 6 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Actuarial differences arising from accounting for retirement benefits had previously been amortised over 12 years, a specified period within the employees’ average remaining service period. As the average remaining service period fell below 12 years, the amortisation period has been changed to 10 years from the first-quarter consolidated accounting period.」
The change in the amortisation period for actuarial differences from 12 years to 10 years is restated. The impact of the change on the quarterly consolidated financial statements was described as immaterial. - FY2023-Q2RestatedAnnual report
「Actuarial differences arising from accounting for retirement benefits had previously been amortised over 12 years, a specified period within the employees’ average remaining service period. As the average remaining service period fell below 12 years, the amortisation period has been changed to 10 years from the current interim consolidated accounting period.」
The change in the amortisation period for actuarial differences from 12 years to 10 years was restated, and the impact of the change on the interim consolidated financial statements was described as immaterial. - FY2023-Q1Change in the amortisation period to 10 yearsAnnual report
「Actuarial differences arising from accounting for retirement benefits had previously been amortised over 12 years, a specified period within the employees’ average remaining service period. As the average remaining service period fell below 12 years, the amortisation period has been changed to 10 years from the current first-quarter consolidated accounting period.」
The amortisation period for actuarial differences was changed from the previous 12 years to 10 years. The impact on the quarterly consolidated financial statements was described as immaterial. - FY2022RestatedAnnual report
「Regarding the period over which actuarial differences in accounting for retirement benefits are expensed, the company had previously expensed them over 13 years, a specified period within the average remaining service period of employees. Because the average remaining service period fell below 13 years, the company changed the expense-recognition period to 12 years from the current consolidated fiscal year.」
The change in the amortisation period for actuarial differences from 13 years to 12 years is also restated in the annual financial results. - FY2022-Q2RestatedAnnual report
「Regarding the period over which actuarial differences in accounting for retirement benefits are expensed, the company had previously expensed them over 13 years, a specified period within the average remaining service period of employees. Because the average remaining service period fell below 13 years, the company changed the expense-recognition period to 12 years from the current interim consolidated accounting period.」
The company reiterated that it had changed the expense-recognition period for actuarial differences from 13 years to 12 years. It disclosed that the impact of the change on the interim consolidated financial statements was immaterial. - FY2022-Q1First statedAnnual report
「Regarding the period over which actuarial differences in accounting for retirement benefits are expensed, the company had previously expensed them over 13 years, a specified period within the average remaining service period of employees. Because the average remaining service period fell below 13 years, the company changed the expense-recognition period to 12 years from the current first quarter of the consolidated fiscal year.」
The company changed the expense-recognition period for actuarial differences from 13 years to 12 years. The reason was that the average remaining service period fell below the previous period, and the company disclosed that the impact on the quarterly consolidated financial statements was immaterial.