Building a workforce structure aligned with business scale through voluntary early-retirement applications
First written in FY2021-Q3. 1 of 2 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022-Q1.
24 other companies' latest entry also says "Advanced".
- FY2022-Q1AdvancedAnnual report
「Fixed costs, including personnel expenses and depreciation resulting from impairment losses recognized on property, plant and equipment, fell significantly, partly as a result of the voluntary early-retirement applications implemented in the previous fiscal year」
The effects of the voluntary early-retirement program implemented in the previous fiscal year have emerged as lower fixed costs, including personnel expenses. Measures to align the workforce with the business scale and improve performance at an early stage are moving into the phase in which their effects are being realized. - FY2021-Q3First statedAnnual report
「As the recovery in business performance is expected to take some time even after the COVID-19 pandemic subsides, the company decided to invite applications for voluntary early retirement to build a workforce structure aligned with its business scale and improve performance at an early stage. Approximately 60 positions; application period: 8 March 2021 to 19 March 2021; retirement date: 31 May 2021; costs including additional retirement allowances are expected to total ¥500 million.」
To address weak performance caused by the COVID-19 pandemic, the company invited approximately 60 employees aged 45 or older with at least 3 years of service, among others, to apply for voluntary early retirement. Retirement was scheduled for 31 May 2021, with expected costs of approximately ¥500 million.