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Nippon Avionics (6946) · InitiativeAdvanced

Maximizing Workforce Performance and Strengthening the Management Foundation through Special Career Transition Support Measures

First written in FY2021-Q2. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.

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ProgressHeldSoftenedWorseFirst statedFY2021-Q22020: 120202021: 12021
Same theme, other companies
Workforce right-sizing through early retirementA theme 46 companies write about · 6 as a headwind · 40 as a tailwind

22 other companies' latest entry also says "Advanced".

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Showing 14 of the 46 companies compared. The sentences above are computed from all 46.
Full recordFilings, disclosures and news, newest first
  1. FY2021AdvancedAnnual report

    「The number decreased by 77 from the end of the previous consolidated fiscal year as a result of the special career-transition support program and other measures.」

    The company implemented a special career-transition support program, reducing the consolidated number of employees by 77 from the end of the previous fiscal year. It also recorded ¥330 million in business structure improvement expenses, including special retirement allowances and outplacement support costs associated with the program.
  2. FY2021-Q2First statedAnnual report

    「To establish a robust management foundation and improve our management structure for the future, we decided to implement a special career-transition support program to maximize workforce performance and support employees' diverse life plans. 2. Program outline (1) Eligible employees: Employees aged 40 or older with at least 10 years of service who are employed by our corporate group and whom the company approves for participation in the program (2) Number of applicants: Approximately 90 (3) Application period: February 2021 (scheduled) (4) Retirement date: March 2021 (scheduled) (5) Preferential measures: Payment of retirement benefits upon company-initiated retirement and an additional special retirement allowance based on age, together with outplacement support services through an outplacement firm for applicants who wish to receive them」

    At a meeting of the Board of Directors held on 29 October 2020, the company decided on a special career-transition support program targeting employees aged 40 or older with at least 10 years of service, with approximately 90 participants to be recruited. Applications were scheduled for February 2021 and retirement for March of the same year, with retirement benefits, special additional retirement allowances and outplacement support planned.
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Nippon Avionics's next results are scheduled for 2026-10-30. Read the earnings preview
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Maximizing Workforce Performance and Strengthening the Management Foundation through Special Career Transition Support Measures | Nippon Avionics Co.,Ltd. (6946) | Komori