Abolition of the Executive Retirement Benefit System and Discontinuation Payments
First written in FY2018-Q1. 4 of 7 entries say "Advanced", first in FY2018. Latest entry: FY2023.
5 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「In addition to the above, based on the resolution adopted at the 50th Annual General Meeting of Shareholders held on 30 January 2018 to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan, the company paid a directors’ retirement bonus of ¥1.680 million to 1 director who retired during the fiscal year.」
Following the abolition of the directors’ retirement bonus plan, the company paid ¥1.680 million to 1 director who retired during the fiscal year as a lump-sum payment. - FY2021AdvancedAnnual report
「In addition to the above, based on the resolution adopted at the 50th Annual General Meeting of Shareholders held on 30 January 2018 to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan, the company paid a directors’ retirement bonus of ¥22.950 million to 1 director who retired during the fiscal year.」
Following the abolition of the directors’ retirement bonus plan, the company paid ¥22.950 million to 1 director who retired during the fiscal year as a lump-sum payment. - FY2019AdvancedAnnual report
「In addition to the above, based on the resolution adopted at the 50th Annual General Meeting of Shareholders held on 30 January 2018 to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan, the company paid directors’ retirement bonuses totaling ¥27.410 million to 2 directors who retired during the fiscal year.」
Following the abolition of the directors’ retirement bonus plan, the company paid ¥27.410 million to 2 directors who retired during the fiscal year as lump-sum payments. - FY2018AdvancedAnnual report
「In addition to the above, the company paid a directors’ retirement bonus of ¥12.690 million to 1 director who retired during the fiscal year.」
In connection with the policy of making lump-sum payments following the abolition of the directors’ retirement bonus plan, the company paid ¥12.690 million to 1 director who retired during the fiscal year. - FY2018-Q3RestatedAnnual report
「At the 50th Annual General Meeting of Shareholders held on 30 January 2018, the company resolved to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan. Accordingly, the company decided to make lump-sum retirement bonus payments to 5 directors within a reasonable amount based on certain standards established by the company. The payments will be made when each director retires, and the Board of Directors was authorized to determine the specific amounts, payment methods and other details. Accordingly, the estimated amount of these payments continues to be recorded as a provision for directors’ retirement bonuses.」
The company reiterates the resolution to abolish the directors’ retirement bonus plan and make lump-sum payments to 5 directors, as well as the recognition of a provision for the estimated payment amount. - FY2018-Q2RestatedAnnual report
「At the 50th Annual General Meeting of Shareholders held on 30 January 2018, the company resolved to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan. Accordingly, the company decided to make lump-sum retirement bonus payments to 5 directors within a reasonable amount based on certain standards established by the company. The payments will be made when each director retires, and the Board of Directors was authorized to determine the specific amounts, payment methods and other details.」
Additional information reiterates the resolution to abolish the directors’ retirement bonus plan and make lump-sum payments to 5 directors. - FY2018-Q1First statedAnnual report
「At the 50th Annual General Meeting of Shareholders held on 30 January 2018, the company resolved to make lump-sum payments in connection with the abolition of the directors’ retirement bonus plan. Accordingly, the company decided to make lump-sum retirement bonus payments to 5 directors within a reasonable amount based on certain standards established by the company. The payments will be made when each director retires, and the Board of Directors was authorized to determine the specific amounts, payment methods and other details.」
At the 50th Annual General Meeting of Shareholders, the company resolved to abolish the directors’ retirement bonus plan and make lump-sum payments, with payments to the 5 directors scheduled for when each director retires.