Honda 2008 Annual Report Download - page 92

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A n n u a l R e p o r t 2 0 0 8
9 0
Pension expense and Other amounts recognized in other comprehensive income for each of the years in the three-year
period ended March 31, 2008 included the following:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2006 2007 2008 2008
Japanese plans:
Pension Cost
Service cost-benefits earned during the year ¥ 41,271 ¥ 42,115 ¥ 41,133 $ 411
Interest cost on projected benefit obligations 31,788 23,809 24,128 241
Expected return on plan assets (33,102) (27,580) (28,625) (286)
Amortization of actuarial loss (gain) 28,394 16,326 14,348 143
Amortization of net transition obligation 1,992 1,992 1,741 17
Amortization of prior service cost (benefit) (6,945) (7,289) (7,289) (73)
Total ¥ 63,398 ¥ 49,373 ¥ 45,436 $ 453
Other amounts recognized in other comprehensive income
Actuarial loss (gain) — — 88,991 887
Amortization of actuarial loss (gain) — — (14,348) (143)
Amortization of net transition obligation — — (1,741) (17)
Amortization of prior service cost (benefit) — — 7,289 73
Total — — ¥ 80,191 $ 800
Total recognized in Pension cost and
Other comprehensive income ¥ 63,398 ¥ 49,373 ¥125,627 $ 1,253
Foreign plans:
Pension Cost
Service cost-benefits earned during the year ¥ 25,121 ¥ 30,492 ¥ 30,259 $ 302
Interest cost on projected benefit obligations 18,838 22,373 24,661 246
Expected return on plan assets (21,013) (27,597) (33,700) (336)
Amortization of actuarial loss (gain) 4,192 5,041 2,046 20
Amortization of net transition obligation 62 41 45 0
Amortization of prior service cost (benefit) 577 752 759 8
Total ¥ 27,777 ¥ 31,102 ¥ 24,070 $ 240
Other amounts recognized in other comprehensive income
Actuarial loss (gain) — — (35,822) (358)
Amortization of actuarial loss (gain) — — (2,046) (20)
Amortization of net transition obligation — — (45) (0)
Prior service cost (benefit) — — 84 1
Amortization of prior service cost (benefit) — — (759) (8)
Total — — ¥ (38,588) $ (385)
Total recognized in Pension cost and
Other comprehensive income ¥ 27,777 ¥ 31,102 ¥ (14,518) $ (145)
The estimated actuarial loss and prior service benefit for all domestic defined pension plans that will be amortized from
accumulated other comprehensive income into net periodic benefit cost over the next fiscal year are ¥18,730 million and
¥7,289 million, respectively. And the estimated actuarial loss, net transition obligation and prior service cost for all foreign
defined pension plans that will be amortized from accumulated other comprehensive income into net periodic benefit cost over
the next fiscal year are ¥524 million, ¥37 million and ¥672 million, respectively.