Defined Benefit Obligations and Changes in Discount Rates
First written in FY2017. 8 of 12 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
Solekia Limited moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Liabilities related to retirement benefits 472,525 184,592」
Liabilities related to retirement benefits declined from ¥472 million at the end of the previous period to ¥185 million, while the discount rate rose from 1.418% to 2.18%. Retirement benefit costs were shown as having declined further. - FY2026-H1MitigatedAnnual report
「Liabilities related to retirement benefits 472,525 460,490」
Liabilities related to retirement benefits declined from ¥472,525 thousand at the end of the previous consolidated fiscal year to ¥460,490 thousand, and the reduction in retirement benefit costs that began in the previous period continued into the interim period. - FY2025MitigatedAnnual report
「Liabilities related to retirement benefits 653,241 472,525」
Liabilities related to retirement benefits declined from ¥653 million at the end of the previous period to ¥472 million. The discount rate also rose from 0.7% to 1.418%. - FY2025-H1MitigatedAnnual report
「Liabilities related to retirement benefits 653,241 634,168」
Liabilities related to retirement benefits declined from ¥653,241 thousand at the end of the previous consolidated fiscal year to ¥634,168 thousand. The reduction in retirement benefit costs resulting from improved management of pension assets, noted in the previous period, continued into the interim period. - FY2024MitigatedAnnual report
「In addition to a ¥347 million reduction in retirement benefit expenses resulting from improved management of pension assets」
Improved management of pension assets reduced retirement benefit expenses by ¥347 million, and liabilities related to retirement benefits also declined from ¥1,003 million to ¥653 million. - FY2020RestatedAnnual report
「A further decline in the discount rate may affect the Group's financial position and operating results.」
While describing measures including the partial introduction of defined contribution pension plans, the company continued to disclose the potential impact of a lower discount rate on retirement benefit obligations and operating performance. - FY2019WorsenedAnnual report
「A further decline in the discount rate may affect the Group's financial position and operating results.」
While the disclosure of retirement benefit risks continued, the discount rate was stated to have declined from 0.150% in the previous period to 0.0%, indicating a further numerical manifestation of the risk from changes in assumptions. - FY2018WorsenedAnnual report
「The Group has implemented measures including the partial introduction of defined contribution pension plans into its retirement benefit schemes in order to minimise this impact, but cannot eliminate it entirely. A further decline in the discount rate may affect the Group's financial position and operating results.」
While describing measures involving defined contribution pension plans, the company identifies a further decline in the discount rate as an explicit risk. The actual discount rate also declined from 0.251% to 0.150%. - FY2017First statedAnnual report
「If actual results differ from the assumptions, or if the assumptions change, this may cause fluctuations in the financial position and operating results of the Group.」
Changes in assumptions such as the discount rate were identified as a risk. Although actuarial differences of ¥248 million arose in the same period of the previous year, no similar impact occurred in the current period.