Konica Minolta 2015 Annual Report Download - page 117

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(1)Share capital and Treasury shares
22. Equity and other equity items
Principal actuarial assumptions used to measure defined benefit obligations are as follows:
2) Defined contribution plan
The amount recorded as expenses in relation to defined contribution plans are the amounts contributed to these plans during the
year. This amount was ¥4,560 million for the current fiscal year (previous fiscal year: ¥4,102 million).
3) Other employee benefits
Certain U.S. subsidiaries employ a Supplemental Executive Retirement Plan (SERP). Obligations incurred under this plan amounted
to ¥2,362 million for the current fiscal year (previous fiscal year: ¥1,646 million, Transition Date: ¥1,197 million). These amounts are
recognized as other non-current liabilities.
The table below indicates the effect of a 0.5% increase or decrease in major actuarial assumptions, while other variables are kept
constant. In reality, individual assumptions may be simultaneous affected by fluctuations in economic indicators and conditions.
Accordingly, because fluctuations may occur independently or mutually, the actual impact of these fluctuations on defined benefit
plan obligations may differ from these assumptions.
%
2015 2014 2013
Discount rate ······································································································································································································ 0.71 1.00 1.42
Millions of yen Thousands of U.S. dollars
2015 2014 2015
Increase Decrease Increase Decrease Increase Decrease
Effect of change of discount rate ······························ (¥6,522) ¥6,698 (¥6,467) ¥6,897 ($54,273) $55,738
Number of
authorized shares
Number of issued shares
(Note 1) (Note 2)
Number of
treasury shares
At April 1, 2013 ·································································································································· 1,200,000,000 531,664,337 1,346,048
Increase (Note 3) ··························································································································· - - 15,402,953
Decrease ······················································································································································· - - 28,313
At March 31, 2014 ······················································································································· 1,200,000,000 531,664,337 16,720,688
Increase (Note 3) ··························································································································· - - 13,143,715
Decrease (Note 4) ······················································································································· - 20,000,000 20,063,332
At March 31, 2015 ··················································································································· 1,200,000,000 511,664,337 9,801,071
(Note 1) Shares issued by the Company are non-par value ordinary shares.
(Note 2) Issued shares are fully paid.
(Note 3) Based on a Board of Directors resolution on January 30, 2014, and a Board of Directors resolution on July 30, 2014, 15,365,000 treasury
shares were acquired in the previous fiscal year, and 13,135,900 treasury shares were acquired in the current fiscal year.
(Note 4) Based on a Board of Directors resolution on July 30, 2014, 20,000,000 treasury shares were cancelled on August 29, 2014.
116
KONICA MINOLTA, INC. Annual Report 2015
Foundation for GrowthBusiness StrategiesGrowth StrategyCompany Overview and Characteristics Financial Report