Risk of changes in actuarial assumptions affecting pension benefit expenses and obligations
First written in FY2017-Q1. 13 of 23 entries say "Restated". Latest entry: FY2026.
25 other companies' latest entry also says "Other".
- FY2026The retirement benefit expense became more negative, while the pension asset surplus increasedAnnual report
「In the fiscal year, retirement benefit expense related to the defined benefit corporate pension plan of negative ¥451 million was recognized. As pension assets exceeded retirement benefit obligations at the end of the fiscal year, the difference of ¥5,459 million was recognized as an asset related to retirement benefits.」
The structure whereby differences between actuarial assumptions and actual results affect expense and net assets continues. Retirement benefit expense was negative, and assets related to retirement benefits increased from ¥4,172 million in the previous fiscal year to ¥5,459 million. - FY2025Retirement benefit expense became negative, and the pension asset surplus narrowed slightlyAnnual report
「In the fiscal year, retirement benefit expense of negative ¥396 million was recognized. As pension assets exceeded retirement benefit obligations at the end of the fiscal year, the difference of ¥4,172 million was recognized as an asset related to retirement benefits.」
The structure whereby differences between actuarial assumptions and actual results affect expense and net assets continues. Retirement benefit expense was negative, and assets related to retirement benefits amounted to ¥4,172 million, down from ¥4,239 million in the previous fiscal year. - FY2024The pension asset surplus increasedAnnual report
「In the fiscal year, retirement benefit expense of negative ¥80 million was recognized. As pension assets exceeded retirement benefit obligations at the end of the fiscal year, the difference of ¥4,239 million was recognized as an asset related to retirement benefits.」
The structure whereby differences between actuarial assumptions and actual results affect pension expense and net assets continues. Retirement benefit expense was negative in the current fiscal year, and assets related to retirement benefits amounted to ¥4,239 million. - FY2022Amortization of actuarial differences recognizedAnnual report
「In the fiscal year, ¥126 million of amortization of actuarial differences was recognized. As pension assets exceeded retirement benefit obligations at the end of the fiscal year, the difference of ¥2,839 million was recognized as an asset related to retirement benefits.」
The structure whereby pension benefit expense and obligations are affected by actuarial differences continues, and ¥126 million of amortization of actuarial differences was recognized in the current fiscal year. - FY2022-Q3Amortization of actuarial differences recognizedAnnual report
「Non-operating income was ¥664 million, or 143.0% of the amount in the same quarter of the previous year, due to dividends from investment securities, increased amortization of actuarial differences and other factors」
The structure whereby pension benefit expense and obligations are affected by actuarial differences continues, and ¥95 million of amortization of actuarial differences was recognized as non-operating income for the nine months ended the third quarter. - FY2022-Q2Amortization of actuarial differences recognizedAnnual report
「Non-operating income was ¥447 million, or 156.1% of the amount in the same quarter of the previous year, due to amortization of actuarial differences, increased gains on investment partnership management and other factors」
The structure whereby pension benefit expense and obligations are affected by actuarial differences continues, and ¥63 million of amortization of actuarial differences was recognized as non-operating income for the six months ended the second quarter. - FY2022-Q1Amortization of actuarial differences recognizedAnnual report
「Non-operating income was ¥273 million, or 138.9% of the amount in the same quarter of the previous year, due to dividends from investment securities, increased amortization of actuarial differences and other factors」
The structure whereby pension benefit expense and obligations are affected by actuarial differences continues, and ¥31 million of amortization of actuarial differences was recognized as non-operating income in the first quarter. - FY2021MaterialisedAnnual report
「In the fiscal year, retirement benefit expense of ¥150 million was recognized. As pension assets exceeded retirement benefit obligations at the end of the fiscal year, the difference of ¥2,509 million was recognized as an asset related to retirement benefits.」
Regarding the risk that differences between actuarial assumptions and actual results affect pension benefit expense and obligations, retirement benefit expense of ¥150 million was recognized in the current fiscal year. The amount of actuarial differences recognized in expense was ¥101 million. - FY2021-Q3No amortization of actuarial differences recognizedAnnual report
「Non-operating income was ¥464 million, or 85.1% of the amount in the same quarter of the previous year, due to amortization of actuarial differences, a decrease in dividends from investment securities and other factors」
The structure whereby pension benefit expense and obligations are affected by actuarial differences continues, but no amortization of actuarial differences was recognized for the nine months ended the third quarter. - FY2020-Q3RestatedAnnual report
「If actual results differ from the assumptions, the impact increases or decreases net assets through the accumulated adjustments related to retirement benefits. In addition, favorable actuarial differences arose during the nine months ended the third quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥74 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results. In addition, ¥74 million of non-operating income was recognized due to favorable actuarial differences. - FY2020-Q2RestatedAnnual report
「If actual results differ from the assumptions, the impact increases or decreases net assets through the accumulated adjustments related to retirement benefits. In addition, favorable actuarial differences arose during the six months ended the second quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥49 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results. In addition, ¥49 million of non-operating income was recognized due to favorable actuarial differences. - FY2020-Q1RestatedAnnual report
「If actual results differ from the assumptions, the impact increases or decreases net assets through the accumulated adjustments related to retirement benefits.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results. - FY2019RestatedAnnual report
「If actual results differ from the assumptions, the impact is added to or deducted from net assets as the accumulated adjustments related to retirement benefits.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results. - FY2019-Q3RestatedAnnual report
「In addition, favorable actuarial differences arose during the nine months ended the third quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥156 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results, and ¥156 million of non-operating income was recognized due to favorable actuarial differences. - FY2019-Q2RestatedAnnual report
「In addition, favorable actuarial differences arose during the six months ended the second quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥104 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results. - FY2019-Q1RestatedAnnual report
「In addition, favorable actuarial differences arose during the three months ended the first quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥52 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results. - FY2018RestatedAnnual report
「In the fiscal year, because amortization of favorable actuarial differences exceeded service cost and interest cost, ¥254 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension benefit expense and obligations are affected by differences between actuarial assumptions and actual results, and non-operating income was recognized due to favorable actuarial differences. - FY2018-Q3RestatedAnnual report
「In addition, favorable actuarial differences arose during the nine months ended the third quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥190 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results. - FY2018-Q2RestatedAnnual report
「In addition, favorable actuarial differences arose during the six months ended the second quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥127 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results, and ¥127 million of non-operating income was recognized due to favorable actuarial differences. - FY2018-Q1RestatedAnnual report
「In addition, favorable actuarial differences arose during the three months ended the first quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥63 million of non-operating income was recognized.」
The structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results continues to be disclosed, as does the recognition of non-operating income due to favorable actuarial differences. - FY2017-Q3RestatedAnnual report
「In addition, favorable actuarial differences arose during the nine months ended the third quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥164 million of non-operating income was recognized.」
The disclosure continues to describe the structure whereby pension expense and obligations are affected by differences between actuarial assumptions and actual results. For the nine months ended the third quarter, ¥164 million of non-operating income was recognized due to favorable actuarial differences. - FY2017-Q2RestatedAnnual report
「In addition, favorable actuarial differences arose during the six months ended the second quarter, and because amortization of these favorable differences exceeded service cost and interest cost, ¥109 million of non-operating income was recognized.」
The structure whereby differences between actuarial assumptions and actual results affect pension expense and obligations was disclosed again, and ¥109 million of non-operating income was recognized in the current quarter due to favorable actuarial differences. - FY2017-Q1First statedAnnual report
「Employee retirement benefit expense and obligations under the defined benefit corporate pension plan are calculated based on actuarial assumptions. These assumptions include the discount rate, expected salary increase rate, employee turnover rate, mortality rates calculated based on the latest statistical data, and the long-term expected rate of return on pension assets. If actual results differ from the assumptions, the impact is added to or deducted from net assets as the accumulated adjustments related to retirement benefits.」
The disclosure states that differences between assumptions and actual results, including the discount rate, salary increase rate, employee turnover rate, mortality rate and expected rate of return, may affect net assets and expense. In the current quarter, ¥54 million of non-operating income was recognized due to favorable actuarial differences.