Honda 2007 Annual Report Download - page 102
Download and view the complete annual report
Please find page 102 of the 2007 Honda annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
 |
 |
100
Amounts recognized in accumulated other comprehensive income are as follows:
Yen (millions)
Japanese plans Foreign plans
2006 2007 2006 2007
Actuarial loss (gain) ¥(00000—.¥(0,331,485 ¥00000—.¥(057,578
Net transition obligation — 1,741 —279
Prior service cost (benefit) — (68,507) —8,064
Total — 264,719 —65,921
Pension plans with accumulated benefit obligations in excess of plan assets are as follows:
Yen (millions)
Japanese plans Foreign plans
2006 2007 2006 2007
Projected benefit obligations ¥(1,117,157) ¥(1,164,971) ¥0(70,415) ¥00(4,403)
Accumulated benefit obligations (1,007,022) (1,054,331) (45,686) (3,888)
Fair value of plan assets 696,128 740,407 40,114 2,476
Reconciliations of beginning and ending balances of the pension benefits obligations and the fair value of the plan assets are
as follows:
U.S. dollars (millions) (note2)
Japanese plans Foreign plans
2007 2007
Change in benefit obligations:
Benefit obligations at beginning of year $0(9,600) $(3,350)
Service cost (357) (258)
Interest cost (202) (190)
Plan participants’ contributions —(1)
Actuarial gain (loss) (36) 184
Benefits paid 268 32
Amendment —(0)
Business combination (293) (8)
Foreign exchange translation —(92)
Benefit obligations at end of year (10,220) (3,683)
Change in plan assets:
Fair value of plan assets at beginning of year 6,034 3,033
Actual return on plan assets 307 392
Employer contributions 285 340
Plan participants’ contributions — 1
Benefits paid (268) (32)
Business combination 273 7
Foreign exchange translation —66
Fair value of plan assets at end of year 6,631 3,807
Funded status (3,589) 124