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65
NIKON REPORT 2016
(2) The changes in plan assets for the years ended March 31, 2015 and 2016 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Balance at beginning of year ¥132,722 ¥148,497 $1,317,864
Expected return on plan assets 2,655 2,268 20,128
Actuarial gains and losses 11,002 (4,419) (39,213)
Contributions from the employer 7,454 3,489 30,965
Benets paid (7,056) (6,665) (59,150)
Others 1,720 (2,838) (25,195)
Balance at end of year ¥148,497 ¥140,332 $1,245,399
(3) Reconciliation between the liability recorded in the consolidated balance sheet and the balances of dened benet obligation and plan assets
as of March 31, 2015 and 2016 was as follows:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Funded dened benet obligation ¥ 145,348 ¥ 145,797 $ 1,293,907
Plan assets (148,497) (140,332) (1,245,399)
(3,149) 5,465 48,508
Unfunded dened benet obligation 1,967 1,737 15,412
Net asset for dened benet obligation (1,182) 7,202 63,920
Liability for retirement benets 8,477 8,902 79,003
Asset for retirement benets (9,659) (1,700) (15,083)
Net asset for dened benet obligation ¥ (1,182) ¥ 7,202 $ 63,920
(4) The components of net periodic benet costs for the years ended March 31, 2015 and 2016 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Service cost ¥ 3,418 ¥ 3,471 $ 30,807
Interest cost 2,419 2,060 18,277
Expected return on plan assets (2,655) (2,268) (20,128)
Amortization of past service cost (196) 1,395 12,384
Recognized actuarial gains and losses 874 (176) (1,561)
Other 700 1,208 10,716
Net periodic benet costs ¥ 4,560 ¥ 5,690 $ 50,495
(5) Amounts recognized in other comprehensive income (before income tax effect) in respect of dened retirement benet plans as of March
31, 2015 and 2016 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Past service cost ¥ (196) ¥ (176) $ (1,561)
Actuarial gains and losses 1,910 (7,037) (62,455)
Total ¥1,714 ¥(7,213) $(64,016)
(6) Amounts recognized in accumulated other comprehensive income (before income tax effect) in respect of dened retirement benet plans as
of March 31, 2015 and 2016 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2015 2016 2016
Unrecognized past service cost ¥ 332 ¥ 156 $ 1,388
Unrecognized actuarial gains and losses (2,744) (9,782) (86,820)
Total ¥(2,412) ¥(9,626) $(85,432)
Notes to Consolidated Financial Statements
FINANCIAL AND CORPORATE DATA