Lion : Partial Correction of “Summary of Consolidated Financial Statements for the Year Ended December 31, 2022 ”
March 30, 2023 at 11:44 pm
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March 31, 2023
Company name: Lion Corporation Representative: Masayuki Takemori,
Representative Director, President and Executive Officer
Code: 4912
Tokyo Stock Exchange
Partial Correction of "Summary of Consolidated Financial Statements for the Year Ended December 31, 2022 [IFRS]"
Lion Corporation hereby announces a correction of the "Summary of Consolidated Financial Statements for the Year Ended December 31, 2022 [IFRS]" issued on February 13, 2023, as shown below. The figures before and after the corrections are underlined.
1. Reason for the Correction
This correction addresses a partial error in the figures in the "Post-Employment Benefits" section of the "Summary of Consolidated Financial Statements for the Year Ended December 31, 2022 [IFRS]" issued on February 13, 2023. In addition, the Securities Report published today was prepared based on these corrections (in Japanese only).
2. Substance of the Correction
・Corrected area
Post-Employment Benefits (1) Defined benefit plans
A. Changes in the present value of post-employment benefit obligation (page 34)
Before Correction:
A. Changes in the present value of post-employment benefit obligation
(Millions of yen)
Year ended December 31, 2021
Year ended December 31, 2022
Balance of post-employment benefit obligation at beginning of year
66,558
64,428
Current service costs
Interest expenses
Remeasurements
Experience adjustments
Actuarial differences arising from changes in demographic assumptions
Actuarial differences arising from changes in financial assumptions
Post-employment benefit payments
Other
2,315
212
(237)
―
―
(4,424)
4
2,188
215
(4,515)
― ―
(5,306)
276
Balance of post-employment benefit obligation at end of year
64,428
57,287
After Correction:
A. Changes in the present value of post-employment benefit obligation
(Millions of yen)
Year ended December 31, 2021
Year ended December 31, 2022
Balance of post-employment benefit obligation at beginning of year
66,558
64,428
Current service costs
Interest expenses
Remeasurements
Experience adjustments
Actuarial differences arising from changes in demographic assumptions
Actuarial differences arising from changes in financial assumptions
Post-employment benefit payments
Other
2,315
212
(237)
―
―
(4,424)
4
2,188
215
(678)
―
(3,836)
(5,306)
276
Balance of post-employment benefit obligation at end of year
64,428
57,287
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Lion Corporation published this content on 31 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2023 03:43:09 UTC.
Lion Corporation is a Japan-based company mainly engaged in the manufacture and sale of consumable goods and industrial products. The Company operates in three business segments. The General Consumable Goods segment purchases and manufactures consumable goods, as well as sells its products through agent stores. This segment also involves pet food trading and over-the-counter management business. The Industrial Goods segment trades industrial products and kitchen cleanser. The Overseas segment manufactures and sells general consumable goods and chemical materials in overseas markets. The Company is also engaged in the design, construction and maintenance of the Company's equipment and the transportation of its products, the real estate, agency and welfare businesses.
LION CORPORATION 
