Workforce Optimization and Financial Position Strengthening Through a Career Transition Support Program
First written in FY2020-Q2. 3 of 6 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.
7 other companies' latest entry also says "Other".
- FY2026Reimplementation of the career-transition support programAnnual report
「As an additional initiative in response to changes in the external environment, we implemented the “career-transition support program” as a time-limited measure expanding the existing support programs, in addition to reforms to systems aimed at improving operational efficiency and optimizing the use of human resources through DX, which we had been promoting.」
The career-transition support program implemented in the past was reimplemented on a time-limited basis as an additional measure in response to changes in the external environment. Business-structure improvement expenses of ¥140 million were recorded. - 2026-04-28AdvancedEarnings
「As an additional initiative in response to changes in the external environment, we implemented the “career-transition support program” as a time-limited measure expanding the existing support programs, in addition to reforms to systems aimed at improving operational efficiency and optimizing the use of human resources through DX, which we had been promoting.」
The career-transition support program progressed from the planning and program-design stage to implementation, and ¥140 million in business structure improvement expenses was recorded. - FY2021-Q1Cited as achievedAnnual report
「In addition, the career-transition support program implemented in the previous fiscal year and impairment of fixed assets at overseas subsidiaries contributed to lower fixed costs across the Group. As a result, operating profit was ¥444 million, compared with an operating loss of ¥209 million in the first quarter of the previous fiscal year.」
The career-transition support program implemented in the previous fiscal year and impairment of fixed assets at overseas subsidiaries were cited as factors contributing to lower fixed costs across the Group and improving operating profit for the quarter. - FY2020AdvancedAnnual report
「The number of employees decreased by 527 from the end of the previous fiscal year, mainly as a result of the transfer of part of our electronics business and the implementation of the career-transition support program.” “Business-structure improvement expenses associated with career-transition support: ¥864 million」
The workforce optimization achieved through the career-transition support program was reflected in the full-year results. Consolidated headcount decreased by 527, and ¥864 million in business-structure improvement expenses was recorded. - FY2020-Q3AdvancedAnnual report
「During the fiscal year, we worked on structural reform and the reorganization of our business portfolio, including the transfer of part of the electronics business and workforce optimization under the career-transition support program, as well as the development of next-generation batteries such as small all-solid-state batteries for SMD applications, hydrogen/air rechargeable batteries and nickel-zinc batteries. In our existing businesses, we sought to expand the battery business for industrial applications. In addition, special gains and losses were recorded, including a ¥745 million loss on transfer of business in connection with the transfer of part of the electronics business during the second quarter, a ¥331 million gain on sale of investments in an affiliated company in connection with the transfer of an interest in an equity-method affiliate, and a ¥868 million loss associated with career-transition support during the third quarter. As a result, net loss attributable to owners of the parent was ¥933 million.」
Workforce optimization under the career-transition support program was implemented as a structural-reform measure, and a ¥868 million loss associated with career-transition support was recorded in the third quarter. The measure had progressed from the planning stage to the implementation and expense-recognition stage. - FY2020-Q2First statedAnnual report
「Under the Group's new management vision of being a “Smart Energy Partner that brings together advanced technologies so that customers can use electric energy safely and efficiently,” we concluded that strengthening our financial position through workforce optimization in line with the scale of our businesses should be prioritized in order to further improve the efficiency of management resources, enhance the value of the electronics business, and promote investment in new businesses, including next-generation batteries. Accordingly, we implemented workforce reductions under the career-transition support program, providing eligible employees who wished to pursue new careers with new career opportunities and making every effort to assist and support them in developing their future careers.」
For the first time, workforce optimization in line with the scale of the business was described independently as a means of strengthening the financial position. Approximately 250 employees aged 45 or over were solicited, with applications accepted from 10 to 17 December 2019 and scheduled retirement on 31 January 2020. The plan included lump-sum retirement payments, special additional payments and outplacement support.