Trend Micro 2014 Annual Report Download - page 38
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2. Discount rate 1.00–6.00%
3. Rate of return on asset 2.00-4.00%
4. Amortization of actuarial gain and loss
1–23 years
Pension expense for compedium method 12
Others 2
Pension expense for defined benefit plan 534
(6)Amounts recognized in accumulated other
comprehensive income /loss before the effect of
deferred income tax accounting
Unrecognized actuarial gain / loss 905
Total 905
(7)Plan assets
Major categories of plan assets and its ratio
Bonds 1.84%
Cash and cash equivalents 98.16%
Total 100%
The expected long-term rate of return on plan
assets is determined considering the following
factors;
(1) Current and projected portfolio mix
(2) Current and projected long-term return
of the various asset categories in which
the plan invests.
(8)Assumption used for actuarial calculation
Discount rate 1.0-4.8%
Rate of return on asset 2.0-6.0%
3. Defined contribution plan
The total expense recognized was 1,426 million yen.
4. Multi-employer pension fund
The total expense for multi-employer pensino fund
was 271 million yen.
(1) Funded status of Kanto IT Software pension plan
(as of Mar 31, 2014)
Pension asset 252,293
Benefit obligation 227,330
Variance 24,963
(2) The ratio of the Company's contribution for
Kanto IT Software pension fund (as of Dec 31, 2014)
0.83%
(3) Supplemental information
The reasons for the variance of (1) are as follows.
Other reserve 19,332
Surplus 5,630
Variance 24,963
The ratio of (2) above does not agree to the actual
contribution ratio.
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