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Equity
 3 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Equity Equity

Changes in equity for the three months ended September 30, 2020 and 2019 are as follows:
 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2020
$
90,523

 
$
416,585

 
$
13,530,666

 
$
(2,558,875
)
 
$
(5,364,916
)
 
$
14,546

 
$
6,128,529

Net income


 


 
321,409

 


 


 
308

 
321,717

Other comprehensive income


 


 


 
170,403

 


 
431

 
170,834

Dividends paid ($0.88 per share)


 


 
(113,542
)
 


 


 

 
(113,542
)
Stock incentive plan activity


 
11,744

 


 


 
24,967

 


 
36,711

Balance at September 30, 2020
$
90,523

 
$
428,329

 
$
13,738,533

 
$
(2,388,472
)
 
$
(5,339,949
)
 
$
15,285

 
$
6,544,249



 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2019
$
90,523

 
$
462,086

 
$
12,777,538

 
$
(2,059,048
)
 
$
(5,309,130
)
 
$
6,183

 
$
5,968,152

Net income


 


 
338,898

 


 


 
143

 
339,041

Other comprehensive (loss)


 


 


 
(71,546
)
 


 
(150
)
 
(71,696
)
Dividends paid ($0.88 per share)


 


 
(113,352
)
 


 


 


 
(113,352
)
Stock incentive plan activity


 
2,354

 


 


 
28,293

 

 
30,647

Shares purchased at cost


 


 


 


 
(50,000
)
 

 
(50,000
)
Balance at September 30, 2019
$
90,523

 
$
464,440

 
$
13,003,084

 
$
(2,130,594
)
 
$
(5,330,837
)
 
$
6,176

 
$
6,102,792




Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the three months ended September 30, 2020 and 2019 are as follows:
 
Foreign Currency Translation Adjustment
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2020
$
(1,193,937
)
 
$
(1,364,938
)
 
$
(2,558,875
)
Other comprehensive income before reclassifications
130,251

 
—

 
130,251

Amounts reclassified from accumulated other comprehensive (loss)
—

 
40,152

 
40,152

Balance at September 30, 2020
$
(1,063,686
)
 
$
(1,324,786
)
 
$
(2,388,472
)


 
Foreign Currency Translation Adjustment
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2019
$
(1,011,656
)
 
$
(1,047,392
)
 
$
(2,059,048
)
Other comprehensive (loss) before reclassifications
(102,572
)
 
—

 
(102,572
)
Amounts reclassified from accumulated other comprehensive (loss)
—

 
31,026

 
31,026

Balance at September 30, 2019
$
(1,114,228
)
 
$
(1,016,366
)
 
$
(2,130,594
)



Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three months ended September 30, 2020 and 2019 are as follows:
Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
 
 
 
September 30, 2020
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(818
)
 
Other (income), net
Recognized actuarial loss
 
(52,265
)
 
Other (income), net
Total before tax
 
(53,083
)
 

Tax benefit
 
12,931

 
 
Net of tax
 
$
(40,152
)
 


Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
 
 
 
September 30, 2019
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,483
)
 
Other (income), net
Recognized actuarial loss
 
(39,485
)
 
Other (income), net
Total before tax
 
(40,968
)
 
 
Tax benefit
 
9,942

 
 
Net of tax
 
$
(31,026
)