JALCO Holdings (6625) · InitiativeAdvanced
Loans to the Company's Officers and Employees
First written in FY2023-Q3. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
2entries
1years
0from disclosures
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Low-interest employee-benefit loans for officers and employeesA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2023AdvancedAnnual report
「Long-term loans receivable were provided to employees at low interest rates as part of the Company's employee welfare program under its internal regulations.」
In addition to the disclosure concerning loans to officers and employees, the Company stated that long-term loans receivable of ¥407.9 million were low-interest loans to employees for welfare purposes under its internal regulations. - FY2023-Q3First statedAnnual report
「The Company provided loans to its officers and employees as follows: Total amount of loans: ¥557,900,000; interest rate: 1.0% per annum; loan date: 25 January 2023; repayment date: the date of retirement.」
The Company disclosed for the first time, as a subsequent event, that it had provided loans totaling ¥557.9 million to its officers and employees at an annual interest rate of 1.0%, on 25 January 2023, repayable on the date of retirement.