Epson 2016 Annual Report Download - page 98
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97
(7) Matters Related to Actuarial Assumptions
The major item of actuarial assumptions was as follows:
%
March 31, 2015 March 31, 2016
Discount rate 1.3 0.8
The valuation of defined benefit obligations reflects judgments on uncertain future events. The sensitivities of
defined benefit obligations due to changes of 1% in the discount rate as of March 31, 2016 were as follows. Each
of these sensitivities assumes that other variables remain fixed. Negative figures show a decrease in the defined
benefit obligations, while positive figures show an increase.
The weighted-average duration of the defined benefit obligations at March 31, 2016 was 15.4 years.
(8) Defined Contribution Plans
Expenses for the defined contribution plans were ¥17,875 million and ¥19,340 million ($171,636 thousand) for the
years ended March 31, 2015 and 2016, respectively.
Millions of yen
Thousands of
U.S. dollars
March 31, March 31,
2016 2016
Discount rate (1% increase) (45,953) (407,818)
Discount rate (1% decrease) 53,392 473,837