Risks Related to Retirement Benefit Obligations and Pension Asset Management
First written in FY2020. 1 of 2 entries say "Mitigated", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2025: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「To mitigate these risks, we comprehensively manage liabilities and assets and monitor the soundness of pension plan operations through medium- to long-term simulations and other means. In managing pension assets, we place priority on maintaining sound pension plan operations over the long term. Accordingly, our policy is to focus on diversified investments in domestic and overseas bonds and equities and to take a cautious approach to high-risk transactions.」
As measures addressing retirement benefit risk, explicitly described comprehensive asset and liability management, medium- to long-term simulations, and diversified investments in domestic and overseas bonds and equities. - FY2020First statedAnnual report
「If the investment return on pension assets or retirement benefit trusts falls below expectations, if the actuarial assumptions or other assumptions used to calculate retirement benefit obligations change, or if the retirement benefit plan is changed, actuarial differences, past service costs and other items may arise and affect the Bank's financial position.」
For the first time, identified retirement benefit obligation risk arising from investment returns on pension assets, changes in actuarial assumptions and changes to retirement benefit plans as a separate major risk.