Standardization of the presentation of actuarial gains and losses amortization
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q2.
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- FY2023-Q2RestatedAnnual report
「Amortization of actuarial differences, consisting of differences between expected investment income on pension assets and actual investment results under the defined benefit corporate pension plan for employees, as well as differences between estimates used in actuarial calculations of retirement benefit obligations and actual results, was previously presented under actuarial difference amortization in non-operating income when the total amortization amount represented income. From the first quarter of the consolidated fiscal year, it has been reclassified as a deduction from personnel expenses under selling, general and administrative expenses.」
The Company has continued to standardize the presentation of amortization of actuarial differences as a deduction from personnel expenses under selling, general and administrative expenses. - FY2023-Q1First statedAnnual report
「Amortization of actuarial differences, consisting of differences between expected investment income on pension assets and actual investment results under the defined benefit corporate pension plan for employees, as well as differences between estimates used in actuarial calculations of retirement benefit obligations and actual results, was previously presented under actuarial difference amortization in non-operating income when the total amortization amount represented income. From the first quarter of the consolidated fiscal year, it has been reclassified as a deduction from personnel expenses under selling, general and administrative expenses.」
The presentation of amortization of actuarial differences was standardized so that amounts representing income are also presented as a deduction from personnel expenses under selling, general and administrative expenses. The ¥31 million reported for the first quarter of the previous year was also reclassified.