Sony 2006 Annual Report Download - page 117

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115
Japanese plans Foreign plans
Dollars in Dollars in
Yen in millions millions Yen in millions millions
March 31 2005 2006 2006 2005 2006 2006
Funded status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥(367,275) ¥(130,541) $(1,116) ¥(61,573) ¥(89,775) $(768)
Unrecognized actuarial loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
322,237 169,915 1,452 37,383 41,587 355
Unrecognized net transition asset . . . . . . . . . . . . . . . . . . . . . . . .
(104) —— 7153 1
Unrecognized prior service cost . . . . . . . . . . . . . . . . . . . . . . . . . .
(134,440) (135,733) (1,160) (501) (911) (7)
Net amount recognized . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥(179,582) ¥ (96,359) $ (824) ¥(24,684) ¥(48,946) $(419)
Amounts recognized in the consolidated balance sheet consist of:
Prepaid benefit cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥ 1,795 ¥ 2,650 $ 23 ¥ 1,351 ¥ 1,226 $ 10
Accrued pension and severance costs, including current
portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(309,957) (134,849) (1,153) (42,934) (70,986) (607)
Intangibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
———41 157 1
Accumulated other comprehensive income . . . . . . . . . . . . . . .
128,580 35,840 306 16,858 20,657 177
Net amount recognized . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥(179,582) ¥ (96,359) $ (824) ¥(24,684) ¥(48,946) $(419)
The accumulated benefit obligation for all defined benefit pension plan as follows:
Japanese plans Foreign plans
Dollars in Dollars in
Yen in millions millions Yen in millions millions
March 31 2005 2006 2006 2005 2006 2006
Accumulated benefit obligation . . . . . . . . . . . . . . . . . . . . . . . . . .
¥835,420 ¥613,055 $5,240 ¥121,176 ¥143,031 $1,222
The projected benefit obligations, the accumulated benefit obligations and fair value of plan assets for the pension plans with accu-
mulated benefit obligations in excess of plan assets were as follows:
Japanese plans Foreign plans
Dollars in Dollars in
Yen in millions millions Yen in millions millions
March 31 2005 2006 2006 2005 2006 2006
Projected benefit obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥898,985 ¥617,883 $5,281 ¥132,556 ¥158,353 $1,353
Accumulated benefit obligations . . . . . . . . . . . . . . . . . . . . . . . . .
835,420 612,410 5,234 115,147 139,431 1,192
Fair value of plan assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
533,926 488,588 4,176 86,070 99,798 853
Weighted-average assumptions used to determine benefit obligations as of March 31, 2004, 2005 and 2006 were as follows:
Japanese plans:
March 31 2004 2005 2006
Discount rate . . . . . . . . . . . .
2.4% 2.3% 2.2%
Rate of compensation
increase . . . . . . . . . . . . . . .
3.0 3.3 3.4
Foreign plans:
March 31 2004 2005 2006
Discount rate . . . . . . . . . . . .
5.8% 5.5% 5.1%
Rate of compensation
increase . . . . . . . . . . . . . . .
4.0 3.3 3.7