The Ogaki Kyoritsu Bank, Ltd.
Notice Regarding the Expected Recognition of Retirement Benefit Trust Refund Gain (Extraordinary Income)
Plans to partially cancel approx. 11.6 billion yen of retirement benefit trust on March 5, 2026, and expects to recognize approx. 6.1 billion yen of extraordinary income.
Key Figures
- Refund Date: Scheduled March 5, 2026
- Refund Amount: Approx. 11.6 billion yen
- Estimated Extraordinary Income: Approx. 6.1 billion yen
AI要約
Overview of Retirement Benefit Trust Refund
Ogaki Kyoritsu Bank, Ltd. has decided to partially cancel the retirement benefit trust contract and receive a refund of approx. 11.6 billion yen on March 5, 2026, as pension assets including the retirement benefit trust assets are expected to remain in a surplus state against retirement benefit obligations.
Impact on Earnings and Future Outlook
In conjunction with the refund, unrecognized actuarial differences related to market valuation fluctuations of the trust-configured shares will be fully amortized, and approx. 6.1 billion yen of extraordinary income is expected to be recorded in the consolidated and standalone financial results for the fiscal year ending March 2026. The amount of extraordinary income will be finalized at the time of refund and may fluctuate thereafter. Earnings guidance is currently under review, and revisions will be promptly disclosed if necessary.
