Deteriorating Investment Performance and Underfunding of Pension Assets
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2021RestatedAnnual report
「Accordingly, if underfunding arises due to poor investment performance or other factors and the company becomes responsible for covering it, this could adversely affect operating performance and financial condition.」
The risk of the company bearing the burden resulting from poor investment performance and underfunding of the defined-benefit corporate pension plan continues. - FY2019RestatedAnnual report
「Accordingly, if underfunding arises due to poor investment performance or other factors and the company becomes responsible for covering it, this could adversely affect operating performance and financial condition.」
The risk of underfunding and poor investment performance associated with the defined-benefit corporate pension plan and external asset management continues to be disclosed. - FY2018RestatedAnnual report
「Accordingly, if underfunding arises due to poor investment performance or other factors and the company becomes responsible for covering it, this could adversely affect operating performance and financial condition.」
The risk of underfunding and poor investment performance associated with the defined-benefit corporate pension plan and external asset management continues to be disclosed. - FY2017MitigatedAnnual report
「As the fund is undergoing liquidation proceedings, no contributions were made during the current consolidated fiscal year, and no additional burden is expected to arise from its dissolution.」
The disclosure states that no additional burden is expected in connection with the dissolution of the Employees' Pension Fund, reducing concerns about an additional burden related to the previous underfunding. - FY2016First statedAnnual report
「If underfunding arises due to poor investment performance or other factors and the company becomes responsible for covering it, this could adversely affect operating performance and financial condition.」
Although the company discloses a net balance of negative ¥916.410 million for the current fiscal year under the multiple-employer plan's funding status, it does not expect any additional burden resulting from the dissolution of the fund.