Review of the Business Structure and Workforce Optimization at the Suzhou Subsidiary
First written in FY2025-H1. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「TECNISCO (SuZhou) CO.,Ltd. carried out a paid-in capital reduction on 15 January 2026, reducing its stated capital from ¥1,050,000 thousand to ¥750,000 thousand. The ¥300,000 thousand in funds generated by the capital reduction was refunded to shareholders.」
The Suzhou subsidiary carried out a ¥300,000 thousand paid-in capital reduction on 15 January 2026, reducing its stated capital to ¥750,000 thousand. - FY2025AdvancedAnnual report
「The number of employees decreased by 49 from the end of the previous consolidated fiscal year, mainly because TECNISCO (SuZhou) CO.,Ltd. invited applications for voluntary early retirement.」
The company disclosed that consolidated employee headcount had decreased by 49 in connection with the review of the Suzhou subsidiary's business structure and workforce optimization. - FY2025-H1First statedAnnual report
「The Group is working to optimize its business platform in order to achieve sustainable growth and improve management efficiency. However, the continued economic downturn in the Chinese market has affected the Group's business operations. In light of this situation, TECNISCO (SuZhou) CO.,Ltd., a consolidated local subsidiary, reviewed its business structure and decided to invite applications for voluntary early retirement as part of its efforts to optimize its workforce.」
Against a backdrop of the economic downturn in the Chinese market, the Suzhou subsidiary reviewed its business structure and invited applications for voluntary early retirement to optimize its workforce. The application period was from 3 January 2025 to 9 January 2025, the retirement date was 26 January, and 17 employees applied for early retirement. A special retirement payment of approximately ¥45 million is scheduled to be recorded as an extraordinary loss in the third quarter.