Retirement and Pension Plans (Tables)

12 Months Ended

Mar. 31, 2011


(¥ in millions)
At March 31:	2011			2010
Funded status:
Benefit obligations	¥	165,637		¥	168,974
Fair value of plan assets		130,437			129,156

Funded status-net	¥	(35,200	)	¥	(39,818	)

Amounts recognized in the consolidated balance sheets:
Accrued retirement and pension costs	¥	(35,285	)	¥	(40,177	)
Prepaid expenses for benefit plans, included in other assets		85			359

Amounts recognized in the consolidated balance sheets-net	¥	(35,200	)	¥	(39,818	)


(¥ in millions)
At March 31:	2011			2010
Actuarial loss	¥	28,344		¥	24,192
Prior service benefit		(3,628	)		(4,436	)

Total recognized in accumulated other comprehensive income, before tax	¥	24,716		¥	19,756


(¥ in millions)
At March 31:	2011		2010
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations	¥	163,060	¥	166,643
Fair value of plan assets		127,775		126,466

Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations	¥	161,322	¥	165,148
Fair value of plan assets		126,380		125,074


(¥ in millions)
	2011			2010
Change in benefit obligations:
Benefit obligations at beginning of year	¥	168,974		¥	167,277
Service cost		6,117			5,933
Interest cost		3,315			3,646
Actuarial loss (gain)		(831	)		3,729
Benefits paid (lump-sum payments)		(7,226	)		(7,913	)
Benefits paid (annuity payments)		(4,349	)		(4,247	)
Foreign currency exchange rate changes		(363	)		549

Benefit obligations at end of year	¥	165,637		¥	168,974

Accumulated benefit obligations at March 31	¥	164,942		¥	168,377

*Weighted-average assumptions used in calculating benefit obligation at March 31 ^1:**
Discount rate		2.6	%		2.4	%

^*1	The rate of compensation increase is not used in the calculations of benefit obligations under the point-based benefits system.


(¥ in millions)
For the years ended March 31:	2011			2010
Fair value of plan assets at beginning of year	¥	129,156		¥	111,006
Actual return on plan assets		(2,694	)		13,064
Employer contributions		13,427			13,830
Benefits paid (lump-sum payments)		(4,763	)		(5,053	)
Benefits paid (annuity payments)		(4,349	)		(4,247	)
Foreign currency exchange rate changes		(340	)		556

Fair value of plan assets at end of year	¥	130,437		¥	129,156


(¥ in millions)
at March 31	Level 1		Level 2		Level 3		Total
2011 :
Equity securities:
Financial institutions (Japanese companies)	¥	5,318	¥	—	¥	—	¥	5,318
Other industries (Japanese companies)		4,390		—		—		4,390
Pooled funds (Japanese companies) ^*1		—		19,054		—		19,054
Pooled funds (foreign companies) ^*1		—		22,639		—		22,639
Debt securities:
Pooled funds (Japanese issuers) ^*2		—		61,575		—		61,575
Pooled funds (foreign issuers) ^*3		—		11,766		—		11,766
Cash and short-term investments		1,084		2,168		—		3,252
General accounts of insurance company		—		1,923		—		1,923
Other assets ^*4		—		204		316		520

Fair value of plan assets	¥	10,792	¥	119,329	¥	316	¥	130,437

2010 :
Equity securities:
Financial institutions (Japanese companies)	¥	6,805	¥	—	¥	—	¥	6,805
Other industries (Japanese companies)		5,129		—		—		5,129
Pooled funds (Japanese companies) ^*1		—		20,284		—		20,284
Pooled funds (foreign companies) ^*1		—		22,764		—		22,764
Debt securities:
Pooled funds (Japanese issuers) ^*2		—		58,377		—		58,377
Pooled funds (foreign issuers) ^*3		—		10,998		—		10,998
Cash and short-term investments		1,056		1,509		—		2,565
General accounts of insurance company		—		1,717		—		1,717
Other assets ^*4		—		205		312		517

Fair value of plan assets	¥	12,990	¥	115,854	¥	312	¥	129,156

^*1	These funds are invested in listed equity securities.

^*2	These funds are invested in approximately 85% Japanese government and municipal bonds, and 15% Japanese corporate bonds.

^*3	These funds are invested in foreign government bonds.

^*4	This class includes the pooled funds which invest in private equity.


(¥ in millions)
For the years ended March 31:	2011			2010			2009
Net periodic benefit cost:
Service cost	¥	6,117		¥	5,933		¥	5,944
Interest cost		3,315			3,646			3,730
Expected return on plan assets		(2,585	)		(2,200	)		(2,428	)
Amortization of prior service benefit		(808	)		(808	)		(808	)
Amortization of actuarial loss		472			9,611			128

Total	¥	6,511		¥	16,182		¥	6,566

*Weighted-average assumptions used in calculating net periodic benefit cost ^1:**
Expected return on plan assets		2.5	%		2.5	%		2.5	%
Discount rate		2.4	%		2.5	%		2.5	%

^*1	The rate of compensation increase is not used in the calculations of net periodic benefit cost under the point-based benefits system.


(¥ in millions)
For the years ended March 31:	2011			2010			2009
Actuarial gain (loss) recognized in other comprehensive income	¥	(4,602	)	¥	7,712		¥	(22,897	)
Reclassification adjustment for prior service benefit realized in net income		(808	)		(808	)		(808	)
Reclassification adjustment for actuarial loss realized in net income		472			9,611			128

Net recognized in other comprehensive income (loss), before tax	¥	(4,938	)	¥	16,515		¥	(23,577	)