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Sumitomo Realty & Development Co (TSE:8830) PensionAndRetirementBenefit : 円5,396 Mil (As of Dec. 2023)


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What is Sumitomo Realty & Development Co PensionAndRetirementBenefit?

Sumitomo Realty & Development Co's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was 円5,396 Mil.

Sumitomo Realty & Development Co's quarterly PensionAndRetirementBenefit declined from Jun. 2023 (円5,496 Mil) to Sep. 2023 (円5,432 Mil) and declined from Sep. 2023 (円5,432 Mil) to Dec. 2023 (円5,396 Mil).

Sumitomo Realty & Development Co's annual PensionAndRetirementBenefit increased from Mar. 2021 (円5,258 Mil) to Mar. 2022 (円5,796 Mil) but then declined from Mar. 2022 (円5,796 Mil) to Mar. 2023 (円5,534 Mil).


Sumitomo Realty & Development Co PensionAndRetirementBenefit Historical Data

The historical data trend for Sumitomo Realty & Development Co's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sumitomo Realty & Development Co PensionAndRetirementBenefit Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,058.00 6,316.00 5,258.00 5,796.00 5,534.00

Sumitomo Realty & Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,710.00 5,534.00 5,496.00 5,432.00 5,396.00

Sumitomo Realty & Development Co PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


Sumitomo Realty & Development Co (TSE:8830) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co (TSE:8830) Headlines

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