Changes in Retirement Benefit Obligations and Pension Assets
First written in FY2016. 3 of 5 entries say "Mitigated", first in FY2018. Latest entry: FY2022.
The whole theme swung hardest in 2020: 7 of 49 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The Group confirms whether its target long-term expected rate of return has been achieved and reviews its investment methods as necessary, including by adopting a low-risk investment policy for pension assets and considering an appropriate portfolio, with the aim of achieving stable investment returns.」
The Group continues quarterly investment performance reporting, low-risk investment management and periodic portfolio reviews. - FY2021MitigatedAnnual report
「The Group confirms whether its target long-term expected rate of return has been achieved and reviews its investment methods as necessary, including by adopting a low-risk investment policy for pension assets, with the aim of achieving stable investment returns.」
The Group describes quarterly reports on investment performance and periodic reviews of its investment policy. Pension assets were ¥1.065 billion, retirement benefit obligations were ¥970 million, and an asset related to retirement benefits of ¥118 million was recognised. - FY2018MitigatedAnnual report
「To address this risk, the Group adopts a low-risk investment policy for its pension assets and aims for stable investment management.」
The Group has specified a response measure of managing pension assets under a low-risk investment policy with the aim of achieving stable investment returns. At the end of the fiscal year, pension assets exceeded retirement benefit obligations, and the Group recognised an asset related to retirement benefits of ¥59 million. - FY2017RestatedAnnual report
「Changes in the fair value of pension assets, investment returns and actuarial assumptions, including the discount rate, may affect the Group's operating results and financial position.」
The Group continues to describe the risks associated with fluctuations in the fair value of pension assets, investment returns and the discount rate. - FY2016First statedAnnual report
「Changes in the fair value of pension assets, investment returns and actuarial assumptions, including the discount rate, may affect the Group's operating results and financial position.」
The Group identifies market movements in pension assets, investment returns and changes in actuarial assumptions, including the discount rate, as risks.