Abolition of the Executive Retirement Bonus Plan and Lump-Sum Payments
First written in FY2019-Q1. 1 of 2 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2024-Q1AdvancedAnnual report
「Certain consolidated subsidiaries had recorded the amounts required under their internal rules to prepare for the payment of directors' retirement bonuses. However, at annual general meetings of shareholders held in June 2023, they resolved to abolish the directors' retirement bonus plan and make lump-sum payments. Accordingly, the full amount of the provision for directors' retirement bonuses was reversed, and the unpaid portion of the lump-sum payments, ¥54 million, is included in long-term accounts payable under non-current liabilities.」
Certain consolidated subsidiaries also resolved at annual general meetings of shareholders held in June 2023 to abolish the directors' retirement bonus plan and make lump-sum payments, and transferred the unpaid amount of ¥54 million to long-term accounts payable. - FY2019-Q1First statedAnnual report
「The Company had recorded the amounts required under its internal rules to prepare for the payment of directors' retirement bonuses. However, at the annual general meeting of shareholders held on 26 June 2018, it resolved to abolish the directors' retirement bonus plan and make lump-sum payments. Accordingly, the full amount of the provision for directors' retirement bonuses was reversed, and the unpaid portion of the lump-sum payments, ¥172 million, is included in long-term accounts payable under non-current liabilities.」
At the annual general meeting of shareholders, the Company resolved to abolish the directors' retirement bonus plan and make lump-sum payments, and recorded the unpaid amount of ¥172 million as long-term accounts payable.