Solicitation of Voluntary Early Retirements as Part of Domestic Business Reorganization
First written in FY2024-Q1. 3 of 4 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2024.
41 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The business restructuring loss comprises costs incurred in connection with the solicitation of voluntary retirements resolved at a Board of Directors meeting held on 5 July 2023, as follows: additional retirement payments of ¥635 million, outplacement support costs of ¥68 million and other costs of ¥88 million.」
For management rationalization accompanying the solicitation of voluntary retirements, the Company recognized additional retirement payments of ¥635 million, outplacement support costs of ¥68 million and other costs for the full year. - FY2024-Q3AdvancedAnnual report
「The business restructuring loss comprises costs incurred in connection with the solicitation of voluntary retirements resolved at a Board of Directors meeting held on 5 July 2023, as follows: Additional retirement payments: ¥635 million Outplacement support costs: ¥68 million」
For the voluntary retirement program carried out in September 2023, the Company recognized additional retirement payments of ¥635 million, outplacement support costs of ¥68 million and other costs as a business restructuring loss, quantifying the financial impact of the rationalization measures. - FY2024-Q2AdvancedAnnual report
「In September 2023, the company implemented management rationalization, including the recruitment of voluntary retirees and the dissolution of a consolidated subsidiary.」
Regarding the solicitation of voluntary retirements resolved and planned in the previous filing, it states that the program was carried out in September 2023 as part of management rationalization. The actual number of applicants and other results are not provided in this filing. - FY2024-Q1First statedAnnual report
「At a Board of Directors meeting held on 5 July 2023, the Company resolved to solicit applications for voluntary retirement. Number of applicants: approximately 200; application period: 7 August 2023 to 25 August 2023; retirement date: 30 September 2023.」
It disclosed for the first time a plan to solicit approximately 200 voluntary retirements from all employees as part of the restructuring of its domestic die components business.