Isuzu 2015 Annual Report Download - page 30

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Changes in plan assets:
2015 2014 2015
Plan assets at beginning of the year
Expected return on plan assets
Actuarial gain on plan assets
Employer’s contributions
Benefit paid during the current fiscal year
Others
Plan assets at end of the year
[Remarks]
*Plan assets in certain subsidiaries calculated by the simplified method are included.
Changes in benefit obligation:
2015 2014 2015
Projected benefit obligation
at beginning of the year
Cumulative effect of changes
in accounting policies
Restated balance of the
beginning of the current period
Service cost
Interest cost on projected
benefit obligation
Actuarial loss
Benefit paid
Prior service cost
New consolidations
Others
Projected benefit obligation
at end of the year
[Remarks]
*Benefit obligations in certain subsidiaries calculated by the simplified method are included.
4. Long-Term Debt
Long-term debt at March 31, 2015 and 2014 are as follows:
2015 2014 2015
Loans
Lease obligations
Less: current portion
Total long-term debts
¥ 189,964
9,834
56,934
¥ 142,864
¥ 104,995
9,473
31,288
¥ 83,180
$ 1,580,793
81,837
473,781
$ 1,188,8 49
Thousands of
Millions of yen U.S. dollars
The annual maturities of long-term debt at March 31, 2015 are
summarized as follows:
Planned maturity date
Over 1 year within 2 years
Over 2 years within 3 years
Over 3 years within 4 years
Thereafter
Total
¥ 46,561
29,146
42,919
24,236
¥ 142,864
$ 387, 46 4
242,541
357,152
201,690
$ 1,18 8,849
Thousands of
Millions of yen U.S. dollars
The assets pledged as collateral for certain loans and other liabilities at
March 31, 2015 and 2014 are as follows:
Thousands of
Millions of yen U.S. dollars
2015 2014 2015
Building and structures
Machinery and equipment
Land
Others
¥ 9,655
6,780
5,864
¥ 61
$ 80,350
56,424
48,799
$ 514
¥ 11, 255
11,6 87
13,101
¥ 202
5. Retirement Benefit Plans
The Company has defined benefit plans, i.e., corporate pension fund
and lump-sum payment plans. Certain consolidated subsidiaries have
defined benefit plans, i.e., corporate pension fund, welfare pension fund
plans, and lump-sum payment plans and defined contribution pension
plans. The Company and its consolidated subsidiaries occasionally make
severance payments in addition to the retirement benefits noted above.
Some of the consolidated subsidiaries are adopting the simplified
method of calculating their retirement benefit obligations. In addition,
the Company and some of its consolidated subsidiaries have joined the
multi-employer defined benefit corporate pension plan, and the multi-
employer welfare pension fund plan. Among the above-mentioned
plans, those, for which it is possible to figure out, in a rational manner,
the amount of the pension assets which corresponds to the amount
of the contributions to be made by the Company, are included in the
notes on the defined benefit plan. Those, for which it is impossible to
calculate, in a rational manner, the amount of the pension assets which
corresponds to the amount of the contributions to be made by the
Company are accounted for in the same way as the defined contribution
pension plan.
Meanwhile, Kanagawa steel industry welfare pension funds,
deemed as a multi-employer pension plan which some of consolidated
subsidiaries had participated in was dissolved as of May 30, 2014 with
the permission of Minister of Health, Labour and Welfare.
1. Defined benefit plans as of March 31, 2015 are follows;
(1) The reconciliation between beginning and ending balance of
projected benefit obligation
(2) The reconciliation between beginning and ending balance of
plan assets
Thousands of
Millions of yen U.S. dollars
Thousands of
Millions of yen U.S. dollars
¥ 159,590
11,216
170,806
6,938
1,987
2,567
(7,593)
(107)
－
2,268
¥ 176,867
¥ 63,136
2,285
4,872
8,174
(4,215)
680
¥ 74,933
¥ 150,442
－
150,442
6,886
2,285
562
(8,135)
837
2,867
3,845
¥ 159,590
¥ 53,633
1,253
2,289
8,375
(4,790)
2,374
¥ 63,136
$ 1,328,039
93,334
1,421,374
57,737
16,542
21,369
(63,188)
(898)
－
18,876
$ 1,471,813
$ 525,389
19,020
40,546
68,021
(35,076)
5,659
$ 623,559