Transition to a Risk-Sharing and Defined Contribution Retirement Benefit Plan
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
No other company in this theme has enough history to compare yet.
- FY2019-Q1AchievedAnnual report
「On 1 April 2018, the Bank transitioned from its defined-benefit corporate pension plan to a risk-sharing corporate pension plan classified as a defined-contribution plan under Paragraph 4 of the Accounting Standard for Retirement Benefits (Accounting Standards Board of Japan Statement No. 26, 16 December 2016), together with a defined-contribution corporate pension plan. As a result, a gain on the revision of the retirement benefit plan of ¥4,784 million was recognized as extraordinary income during the first quarter of the current fiscal year.」
The planned transition disclosed in the previous year's filing was implemented on 1 April 2018, and a ¥4,784 million gain on the revision of the retirement benefit plan was actually recognized. - FY2018First statedAnnual report
「On 1 April 2018, the Bank transitioned from its defined-benefit corporate pension plan to a risk-sharing corporate pension plan and a defined-contribution corporate pension plan. As a result, extraordinary income of ¥4,784 million is expected to arise in the following consolidated fiscal year.」
The company states that it transitioned from its defined-benefit corporate pension plan to a risk-sharing corporate pension plan and a defined-contribution corporate pension plan effective 1 April 2018, and that extraordinary income of ¥4,784 million was expected in the following fiscal year.