Brother International 2014 Annual Report Download - page 43

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42
(5) Accumulated other comprehensive income on defined retirement benefit plans as of March 31, 2014
Millions of Yen
Thousands of
U.S. Dollars
Unrecognized prior service cost ¥ (1,798) $ (17,456)
Unrecognized actuarial losses 10,451 101,466
Total ¥ 8,653 $ 84,010
(6) Plan assets
a. Components of plan assets
Plan assets consisted of the following:
Debt investments 29%
Equity investments 28
Cash and cash equivalents 5
General insurance funds 25
Others 13
Total 100%
b. Method of determining the expected rate of return on plan assets
The expected rate of return on plan assets is determined considering the long-term rates of return which are expected currently and in the future from the various
components of the plan assets.
(7) Assumptions used for the year ended March 31, 2014, were set forth as follows:
Discount rate Principally from 1.0% to 4.5%
Expected rate of return on plan assets Principally from 1.0% to 6.2%
2. Defined Contribution Pension Plans
Total contribution for defined contribution pension plans was ¥2,080 million ($20,194 thousand) for the year ended March 31, 2104.
Year Ended March 31, 2013
The liability for employees’ retirement benefits at March 31, 2013, consisted of the following:
Millions of Yen
2013
Projected benefit obligation ¥ (61,717)
Fair value of plan assets 52,062
Unrecognized prior service cost (38)
Unrecognized actuarial loss 11,871
Net asset 2,178
Asset for retirement benefits 10,850
Liability for employees’ retirement benefits ¥ (8,672)
Brother Industries, Ltd. and Consolidated Subsidiaries
Year ended March 31, 2014
Notes to Consolidated Financial Statements