Abolition of the Executive Retirement Bonus Scheme
First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2019.
26 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Based on a resolution at the 52nd Annual General Meeting of Shareholders held on 23 June 2017, the Company decided to abolish the retirement allowance plan for directors as of the close of the meeting, make discontinuation payments of retirement allowances, and introduce a performance-linked stock compensation plan for directors and other officers.」
The abolition of the Company's officers' retirement allowance plan and the performance-linked stock compensation plan were confirmed for the full fiscal year. - FY2018RestatedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 23 June 2017, the Company resolved to make a discontinuation payment of retirement allowances for directors and other officers in connection with the abolition of the officers' retirement allowance plan.」
The abolition of the Company's officers' retirement allowance plan and the discontinuation payment were confirmed for the full fiscal year. Certain domestic consolidated subsidiaries continue to recognize the provision. - FY2018-Q3RestatedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 23 June 2017, the Company resolved to make a discontinuation payment of retirement allowances for directors and other officers in connection with the abolition of the officers' retirement allowance plan. Accordingly, the Company reversed the entire balance of the provision for officers' retirement allowances and presented the unpaid portion of the discontinuation payment, ¥37.910 million, as long-term accounts payable included in "Other" under non-current liabilities. However, certain domestic consolidated subsidiaries continue to recognize, as a provision for officers' retirement allowances, the amount payable under their internal rules in preparation for the payment of retirement allowances to officers.」
The abolition of the Company's officers' retirement allowance plan and the full reversal of the provision were reconfirmed. Certain domestic consolidated subsidiaries continue to recognize the provision. - FY2018-Q2ReframedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 23 June 2017, the Company resolved to make a discontinuation payment of retirement allowances for directors and other officers in connection with the abolition of the officers' retirement allowance plan. Accordingly, the Company reversed the entire balance of the provision for officers' retirement allowances and presented the unpaid portion of the discontinuation payment, ¥37.910 million, as long-term accounts payable included in "Other" under non-current liabilities. However, certain domestic consolidated subsidiaries continue to recognize, as a provision for officers' retirement allowances, the amount payable under their internal rules in preparation for the payment of retirement allowances to officers.」
The abolition of the Company's officers' retirement allowance plan and the full reversal of the provision were reconfirmed, while certain domestic consolidated subsidiaries were explicitly stated to continue maintaining the plan and recognizing the provision. - FY2018-Q1First statedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 23 June 2017, the Company resolved to make a discontinuation payment of retirement allowances for directors and other officers in connection with the abolition of the officers' retirement allowance plan. Accordingly, the Company reversed the entire balance of the provision for officers' retirement allowances and presented the unpaid portion of the discontinuation payment, ¥37.909 million, as long-term accounts payable included in "Other" under non-current liabilities.」
The officers' retirement allowance plan was abolished by resolution of the Annual General Meeting of Shareholders, and the entire provision for officers' retirement allowances was reversed. The unpaid amount of ¥37.909 million was presented as long-term accounts payable.