Abolition of the directors’ retirement bonus system
First written in FY2020-Q1. 2 of 3 entries say "Cited as achieved", first in FY2020-Q2. Latest entry: FY2020-Q3.
0 other companies' latest entry also says "Cited as achieved".
- FY2020-Q3Cited as achievedAnnual report
「Accordingly, during the first quarter, the full provision for directors' retirement benefits was reversed, and the lump-sum payment amount was recorded under long-term accounts payable in non-current liabilities.」
The company has restated the full reversal of the provision following the abolition of the directors' retirement bonus system and the recording of the lump-sum payment amount as long-term accounts payable. - FY2020-Q2Cited as achievedAnnual report
「Accordingly, during the first quarter, the full provision for directors' retirement benefits was reversed, and the lump-sum payment amount was recorded under long-term accounts payable in non-current liabilities.」
The company has restated the accounting treatment under which, following the abolition of the directors' retirement bonus system, the full provision for directors' retirement benefits was reversed and the lump-sum payment amount was recorded as long-term accounts payable. - FY2020-Q1AchievedAnnual report
「It was resolved that, upon the conclusion of the 49th Annual General Meeting of Shareholders held on 27 May 2019, the directors' retirement bonus system would be abolished and the retirement bonuses corresponding to the directors' periods of service would be paid as a lump sum.」
It was resolved that, upon the conclusion of the 49th Annual General Meeting of Shareholders, the directors' retirement bonus system would be abolished and the amounts corresponding to their periods of service would be paid as a lump sum. Accordingly, the full provision for directors' retirement benefits was reversed, and the lump-sum payment amount was recorded as long-term accounts payable.