Losses and impact associated with the dissolution of the Employees' Pension Fund
First written in FY2016. 1 of 2 entries say "Materialised", first in FY2016. Latest entry: FY2018.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2018MitigatedAnnual report
「Provision for losses associated with dissolution of Employees' Pension Fund: ¥30.408 million —」
The ¥30.408 million provision for losses associated with the dissolution of the Employees' Pension Fund recorded in the previous consolidated fiscal year was no longer outstanding at the end of the current consolidated fiscal year, indicating that the provision balance for this risk had been eliminated. - FY2016MaterialisedAnnual report
「The Hyogo Prefecture Truck Transport Employees' Pension Fund, in which a consolidated subsidiary participated, was dissolved on 22 March 2016. During the consolidated fiscal year, ¥30.408 million was recorded as an extraordinary loss for the provision for losses associated with the dissolution of the Employees' Pension Fund, and ¥30.408 million was recorded under non-current liabilities as the provision for losses associated with the dissolution of the Employees' Pension Fund.」
The dissolution of the fund in which the subsidiary participated occurred, and a provision for losses of ¥30.408 million was recorded. The fund in which the Company participates was stated to be scheduled for dissolution in September 2016.