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Yamazaki (6147) · PolicyFirst stated

Abolition of Directors’ Retirement Benefit System and Payment of Accrued Benefits upon Retirement

First written in FY2024. . Latest entry: FY2024.

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Abolition of the directors’ retirement bonus systemA theme 82 companies write about · 1 as a headwind · 17 as a tailwind

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  1. FY2024First statedAnnual report

    「At the 63rd Annual General Meeting of Shareholders held on 29 June 2023, the Company resolved to make a lump-sum payment of directors' retirement benefits following the abolition of the directors' retirement benefit plan. Accordingly, it reversed the entire directors' retirement benefit provision and presented the ¥21.623 million recorded in the provision as long-term accrued expenses under non-current liabilities.」

    The abolition of the directors' retirement benefit plan and the transfer of the existing provision of ¥21.623 million to long-term accrued expenses were disclosed for the first time.
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Abolition of Directors’ Retirement Benefit System and Payment of Accrued Benefits upon Retirement | YAMAZAKI CO.,LTD. (6147) | Komori