Temporary Layoffs and Rehiring at European Operations Due to COVID-19
First written in FY2020-Q2. 1 of 2 entries say "Restated". Latest entry: FY2020-Q3.
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- FY2020-Q3RestatedAnnual report
「The European segment temporarily laid off 126 employees at Nichirin Spain S.L. in the first quarter because of the impact of COVID-19. Although the number of employees increased by 5 from the end of 2019 as employees were rehired following the resumption of production in the second quarter, the number of temporary employees decreased by 46 because production was transferred within the Group and for other reasons.」
The company continued to report that its Spanish subsidiary rehired employees after temporarily laying off 126 employees, as production resumed. The number of temporary employees declined because production was transferred. - FY2020-Q2First statedAnnual report
「The European segment declined in the first quarter because Nichirin Spain S.L. temporarily laid off 126 employees due to production cuts caused by the spread of COVID-19. In the second quarter, however, the number of employees increased by 129 from the end of the first quarter, mainly because production resumed and the temporarily laid-off employees were rehired.」
The company provided its first specific disclosure that its Spanish subsidiary temporarily laid off 126 employees in response to production cuts caused by COVID-19 and rehired them as production resumed.