Abolition of the Directors’ Retirement Benefit System
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q1.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
33 other companies' latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「At the 43rd Annual General Meeting of Shareholders held on 26 September 2019, the company resolved to make lump-sum payments of executive retirement bonuses in connection with the abolition of the executive retirement bonus plan. Accordingly, the company reversed the entire executive retirement bonus provision and reclassified the ¥328 million recorded in that provision as long-term accounts payable, presenting it under Other within non-current liabilities.」
The shareholders' meeting resolved to make lump-sum payments in connection with the abolition of the executive retirement bonus plan, and the ¥328 million provision was reversed and transferred to long-term accounts payable. - FY2019First statedAnnual report
「The Board of Directors resolved to abolish the executive retirement bonus plan at its meeting held on 9 August 2019, and the matter was reported at the 43rd Annual General Meeting of Shareholders held on 26 September 2019.」
The company disclosed that the executive retirement bonus plan was abolished pursuant to a resolution of the Board of Directors dated 9 August 2019.