Abolition of the Executive Retirement Allowance Plan and Lump-Sum Payments
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023-Q2.
27 other companies' latest entry also says "Achieved".
- FY2023-Q2AchievedAnnual report
「At the 76th Annual General Meeting of Shareholders held on 26 August 2022, approval was granted for the discontinuation of the directors' retirement benefit system and the payment of accrued benefits on a cutoff basis. Accordingly, the unpaid portion of the provision for directors' retirement benefits recorded under non-current liabilities was reclassified to long-term accounts payable.」
The company confirmed the implementation of the discontinuation of the directors' retirement benefit system, approval of the payment of accrued benefits on a cutoff basis and reclassification of the unpaid portion to long-term accounts payable. - FY2023-Q1First statedAnnual report
「At the 76th Annual General Meeting of Shareholders held on 26 August 2022, approval was granted for the discontinuation of the directors' retirement benefit system and the payment of accrued benefits on a cutoff basis. Accordingly, the unpaid portion of the provision for directors' retirement benefits recorded under non-current liabilities was reclassified to long-term accounts payable.」
Following approval at the 76th Annual General Meeting of Shareholders, the directors' retirement benefit system was discontinued and the unpaid portion was reclassified to long-term accounts payable. This was disclosed for the first time.