Abolition of Directors’ Retirement Benefit System and Payment of Frozen Benefits
First written in FY2017-Q1. 4 of 8 entries say "Restated". Latest entry: 2026-09-25.
1 other company's latest entry also says "Other".
- FY2018RestatedAnnual report
「Retirement benefits had previously been calculated and paid to each director upon retirement based on factors including the position coefficient and years of service, but their discontinuation was approved at the 58th annual general meeting of shareholders.」
Continued to report the discontinuation of the directors' retirement benefit plan. - FY2017RestatedAnnual report
「As the directors' retirement benefit plan was discontinued during the fiscal year, the provision for directors' retirement benefits was reclassified to “Other” under non-current liabilities.」
Reported the discontinuation of the directors' retirement benefit plan and the reclassification of the provision to “Other” under non-current liabilities. - FY2017-Q3RestatedAnnual report
「In the past, the company recorded the amount payable under its internal rules as a provision for directors' retirement benefits in preparation for the payment of retirement benefits to directors. However, at the annual general meeting of shareholders held on 26 May 2016, a resolution was passed to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the provision for directors' retirement benefits was reversed, and the unpaid amount of ¥328 million for the lump-sum payments was included under “Other” in non-current liabilities.」
Reiterated the discontinuation of the plan, the lump-sum payments and the recording of ¥328 million in unpaid liabilities. - FY2017-Q2RestatedAnnual report
「In the past, the company recorded the amount payable under its internal rules as a provision for directors' retirement benefits in preparation for the payment of retirement benefits to directors. However, at the annual general meeting of shareholders held on 26 May 2016, a resolution was passed to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the provision for directors' retirement benefits was reversed, and the unpaid amount of ¥328 million for the lump-sum payments was included under “Other” in non-current liabilities.」
Reiterated the discontinuation of the plan, the lump-sum payments and the recording of ¥328 million in unpaid liabilities. - FY2017-Q1First statedAnnual report
「In the past, the company recorded the amount payable under its internal rules as a provision for directors' retirement benefits in preparation for the payment of retirement benefits to directors. However, at the annual general meeting of shareholders held on 26 May 2016, a resolution was passed to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the provision for directors' retirement benefits was reversed, and the unpaid amount of ¥328 million for the lump-sum payments was included under “Other” in non-current liabilities.」
At the annual general meeting of shareholders held on 26 May 2016, a resolution was passed to make lump-sum payments in connection with discontinuation of the plan, and an unpaid amount of ¥328 million was recorded.