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Default6503Mitsubishi Electric Corporation

Mitsubishi Electric to Report Pension Trust Return Gain in FY2027

TOKYO, May 25 (Pulse News Wire) – Mitsubishi Electric Corporation (6503.T) announced plans to recognize a pension trust return gain of approximately ¥210.0 billion as special income in its individual

– Mitsubishi Electric Corporation (6503.T) announced plans to recognize a pension trust return gain of approximately ¥210.0 billion as special income in its individual financial statements for the fiscal year ending March 2027. The return is expected to be received on May 29, 2026.

The gain stems from the excess accumulation of pension assets, which includes the retirement benefit trust fund set up to prepare for future retirements. Due to the ongoing surplus status of the pension assets relative to the retirement liabilities, the company anticipates receiving a portion of the trust's funds back.

However, according to IFRS-based consolidated financial statements, fluctuations in the fair value re-measurement of the retirement benefit trust assets are recognized entirely within other comprehensive income during the period of occurrence. Consequently, there will be no impact on the consolidated profit and loss statement, meaning this transaction will not affect the company’s forecasted consolidated performance for the fiscal year ending March 2027.

PDFOriginal disclosureTDnet filing · Japanese · 15:30 JSTView original ↗
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