Additional Business Restructuring and Fixed-Cost Reduction Through a Voluntary Retirement Program
First written in FY2021-Q1. 2 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
22 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「Regarding net income or loss attributable to owners of the parent for the fiscal year, ¥150 million in extraordinary losses associated with implementing voluntary retirement as part of the management structural reforms was recorded, among other factors,」
The voluntary retirement program decided on in the previous fiscal year progressed to the implementation stage, and ¥150 million in management structural reform expenses, including special retirement payments, was recorded. - FY2021-Q3RestatedAnnual report
「Regarding quarterly net income or loss attributable to owners of the parent, although management structural reform expenses associated with inviting applications for voluntary retirement were recorded as extraordinary losses,」
¥151 million in management structural reform expenses associated with the voluntary retirement program was recorded as an extraordinary loss, resulting in costs related to implementing structural reforms for the second consecutive quarter. - FY2021-Q2AdvancedAnnual report
「Management structural reform expenses mainly comprise special retirement payments and estimated outplacement support costs associated with implementing the voluntary retirement program.」
The voluntary retirement program decided on in the previous quarter progressed to the implementation stage, and ¥149 million in management structural reform expenses, including special retirement payments and outplacement support costs, was recorded. - FY2021-Q1First statedAnnual report
「Amid this difficult business environment, we have implemented various measures, including business structural reforms, operational efficiency improvements, reductions in executive compensation and cuts in various fixed costs. However, we determined that more far-reaching measures were necessary to overcome these difficult conditions and decided to invite applications for voluntary retirement. Number of applicants: approximately 60 people; application period: 7 September 2020 to 25 September 2020; retirement date: 31 October 2020」
While advancing business structural reforms, operational efficiency improvements and reductions in executive compensation and fixed costs, the Company decided to invite applications for voluntary retirement as an additional measure. The target number of applicants was approximately 60 people, and the application period and retirement date were also specified.