Transition from a Defined Benefit Pension Plan to a Defined Contribution Pension Plan
First written in FY2019-Q1. 5 of 9 entries say "Cited as achieved", first in FY2020-Q1. Latest entry: FY2023.
2 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「The Company also transferred from its defined benefit pension plan to its defined contribution pension plan on 1 September 2018.」
The transition of the pension plan effective 1 September 2018 is reconfirmed as having been completed. - FY2022Cited as achievedAnnual report
「The Company also transferred from its defined benefit pension plan to its defined contribution pension plan on 1 September 2018.」
The transition of the pension plan effective 1 September 2018 is reconfirmed as having been completed. - FY2020Cited as achievedAnnual report
「The Company also transferred from its defined benefit pension plan to its defined contribution pension plan on 1 September 2018.」
The transition of the pension plan effective 1 September 2018 is reconfirmed as having been completed. - FY2020-Q2Cited as achievedAnnual report
「Segment profit was ¥900 million, up 42.1% from the same quarter of the previous year, owing to lower outsourcing costs resulting from the efficient use of company-owned machinery, vehicles and other assets, lower retirement benefit expenses associated with the transition to a new retirement benefit plan, and other factors.」
The decrease in retirement benefit expense accompanying the transition from a defined benefit pension plan to a defined contribution pension plan continues to be cited as a factor behind higher segment profit in the logistics business. - FY2020-Q1Cited as achievedAnnual report
「Segment profit was ¥472 million, up 32.1% year on year, mainly due to lower outsourcing costs resulting from more efficient use of machinery, equipment and vehicles owned by the Company, and a decrease in retirement benefit expenses associated with the transfer between retirement benefit plans.」
The decrease in retirement benefit expense accompanying the transition from a defined benefit pension plan to a defined contribution pension plan is cited as a factor behind higher profit in the logistics business. - FY2019RestatedAnnual report
「The Company also transferred from its defined benefit pension plan to its defined contribution pension plan on 1 September 2018.」
Reconfirms the implementation, effective 1 September 2018, of the transfer from the defined benefit pension plan to the defined contribution pension plan. - FY2019-Q3RestatedAnnual report
「On 1 September 2018, the Company transferred from its defined benefit pension plan to its defined contribution pension plan and applied Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Accounting Standards Board of Japan Guidance No. 1, revised 16 December 2016) and Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Practical Issues Task Force No. 2, revised 7 February 2007). As a result, the Company recognized a retirement benefit plan modification loss of ¥180 million as an extraordinary loss for the cumulative third quarter.」
Reconfirms the implementation of the transfer from the defined benefit pension plan to the defined contribution pension plan and the recognition of a retirement benefit plan modification loss of ¥180 million arising from the transfer. - FY2019-Q2AchievedAnnual report
「On 1 September 2018, the Company transferred from its defined benefit pension plan to its defined contribution pension plan and applied Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Accounting Standards Board of Japan Guidance No. 1, revised 16 December 2016) and Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Practical Issues Task Force No. 2, revised 7 February 2007). As a result, the Company recognized a retirement benefit plan modification loss of ¥180 million as an extraordinary loss for the cumulative second quarter.」
The transfer from the defined benefit pension plan to the defined contribution pension plan was implemented on 1 September 2018, and a retirement benefit plan modification loss of ¥180 million arising from the transfer was recognized. - FY2019-Q1First statedAnnual report
「On 1 September 2018, the Company plans to transfer from its defined benefit pension plan to a defined contribution pension plan and plans to apply Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Accounting Standards Board of Japan Guidance No. 1, revised 16 December 2016) and Practical Solution on Accounting Treatment for Transfers between Retirement Benefit Plans and Related Matters (Practical Issues Task Force No. 2, revised 7 February 2007). The amount of the impact of this transfer is currently being evaluated.」
Plans to transfer from the defined benefit pension plan to the defined contribution pension plan on 1 September 2018 and is evaluating the amount of the impact of the transfer.