Ricoh 2009 Annual Report Download - page 59

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58
ANNUAL REPORT 2009
To Our Shareholders
and Customers
Fiscal 2009
Highlights
Progress of the
16th MTP
Creating New
Customer Value
RICOH
Milestones
Sustainable Environ-
mental Management
Corporate Social
Responsibility
Financial
Section
Weighted-average assumptions used to determine benefit obligations as of March 31, 2008 and 2009 are as follows:
Weighted-average assumptions used to determine the net periodic benefit cost for the years ended March 31, 2007, 2008 and 2009 are as
follows:
The net periodic benefit costs of the pension plans for the years ended March 31, 2007, 2008 and 2009 consist of the following components:
The projected benefit obligations and the fair value of plan assets for the pension plans with projected benefit obligations in excess of plan
assets, and the accumulated benefit obligations and the fair value of plan assets for the pension plans with accumulated benefit obligations
in excess of plan assets are as follows:
Thousands of
Millions of Yen U.S. Dollars
2007 2008
2009 2009
Service cost
¥15,687 ¥ 15,592
¥ 14,700 $ 148,485
Interest cost 11,121 12,335
13,427 135,626
Expected return on plan assets
(9,186) (10,234)
(10,158) (102,606)
Net amortization
(1,420) (982)
1,015 10,253
Settlement benefit
(18) -
(87) (879)
Total net periodic pension cost
¥16,184 ¥ 16,711
¥ 18,897 $ 190,879
Thousands of
Millions of Yen U.S. Dollars
2008
2009 2009
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations
¥379,662
¥418,332 $4,225,576
Fair value of plan assets
284,268
265,816 2,685,010
Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations ¥362,827
¥408,348 $4,124,727
Fair value of plan assets 279,585
262,501 2,651,525
Domestic plans Foreign plans
2007 2008
2009
2007 2008
2009
Discount rate
2.2% 2.2%
2.2%
4.3% 4.8%
5.7%
Rate of compensation increase
6.5% 6.5%
6.5%
3.5% 3.7%
3.8%
Expected long-term return on plan assets
1.7% 1.6%
1.4%
6.6% 6.2%
6.0%
Domestic plans Foreign plans
2008
2009
2008
2009
Discount rate
2.2%
1.9%
5.1%
6.9%
Rate of compensation increase
6.5%
6.5%
3.7%
3.9%