Workforce Structure Reform Through a Special Early Retirement Incentive Program
First written in FY2020. 9 of 12 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026-H1.
23 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「These are costs related to the reorganization of plants and business sites, including additional retirement payments incurred in North America and China, and the relocation of fixed assets carried out in Japan.」
Business structure improvement costs of ¥296 million were recorded, and the reorganization of plants and business sites through additional retirement payments in North America and China and the relocation of fixed assets in Japan continued. - FY2025AdvancedAnnual report
「These are costs related to the reorganization of plants and business sites, including additional retirement payments incurred in North America, Europe, and China, and the relocation of fixed assets carried out in Japan.」
As part of the earnings structure improvement, additional retirement payments were recorded in North America, Europe, and China, while fixed assets were relocated and other measures were implemented in Japan. - FY2024-Q3AdvancedAnnual report
「These are costs related to the reorganization of plants and business sites, including additional retirement payments incurred in North America and the relocation of fixed assets carried out in Japan, aimed at improving the earnings structure under the medium-term management plan.」
As measures related to the personnel and structural reforms, additional retirement payments were incurred in North America, while fixed assets were relocated and plants and business sites were reorganized in Japan. Business structure improvement costs of ¥249 million were recorded for the cumulative third quarter. - FY2023AdvancedAnnual report
「In fiscal 2022, the effects of earnings-related structural reforms, strengthened manufacturing capabilities, and other activities resulted in an operating margin of 0.5% and ROE of 7.6%.」
The effects of earnings-related structural reforms and strengthened manufacturing capabilities resulted in an operating margin of 0.5% and ROE of 7.6%, an improvement from the previous year's loss-making position. - FY2022AdvancedAnnual report
「In fiscal 2021, we implemented earnings-related structural reforms and other measures as planned, but operating income fell short of target due to the impact of production adjustments by customer automakers caused by semiconductor supply shortages and other factors, resulting in ROE of △2.8%. In the fourth quarter, we returned to profitability globally, achieved an operating margin of 4%, and began to see the effects of improved earnings.」
The disclosure states that earnings-related structural reforms were implemented as planned, with a return to global profitability and an operating margin of 4% in the fourth quarter. - FY2022-Q3RestatedAnnual report
「¥146 million in retirement benefits and other costs incurred in connection with the closure of a facility at TACHI-S Engineering Europe S.A.R.L., an overseas consolidated subsidiary, was recorded.」
¥146 million in retirement benefits and other costs related to structural reform accompanying the closure of a facility at the European subsidiary was recorded, reaffirming the implementation of the previously disclosed structural reform. - FY2022-Q2AdvancedAnnual report
「¥147 million in retirement benefits and other costs incurred in connection with the closure of a facility at TACHI-S Engineering Europe S.A.R.L., an overseas consolidated subsidiary, was recorded.」
As part of the personnel and structural reforms, a facility at TACHI-S Engineering Europe S.A.R.L. was closed, and ¥147 million in retirement benefits and other costs was recorded. - FY2022-Q1AdvancedAnnual report
「Structural reform was implemented at TACHI-S Engineering Europe S.A.R.L., an overseas consolidated subsidiary, and ¥130 million in related retirement benefits and other costs was recorded.」
As part of the personnel and structural reforms, structural reform was implemented at the European subsidiary, and ¥130 million in retirement benefits and other costs was recorded. - FY2021AdvancedAnnual report
「During the consolidated fiscal year, the Company implemented voluntary retirement under a special early-retirement incentive program as part of its structural reform and recorded ¥2,108 million in related additional retirement payments and other costs. In addition, structural reform was implemented at Industria de Asiento Superior, S.A. de C.V., an overseas consolidated subsidiary, and ¥285 million in related retirement benefits and other costs was recorded.」
Voluntary retirement was implemented as part of the organizational restructuring, and ¥2.108 billion in additional retirement payments and other costs was recorded by the Company, while ¥285 million in retirement benefits and other costs was recorded by the overseas subsidiary. - FY2021-Q3RestatedAnnual report
「As part of the organizational restructuring, applications for voluntary retirement were solicited under a special early-retirement incentive program, and additional retirement payments and other amounts were paid to employees who took early retirement.」
¥2,158 million in additional retirement payments and other amounts related to the special early-retirement incentive program implemented as part of the organizational restructuring was recorded as special retirement benefits for the cumulative third quarter. - FY2021-Q2AdvancedAnnual report
「Special retirement benefits Cumulative consolidated period through the second quarter 2,158 These comprise additional retirement payments and other amounts paid to employees who took early retirement under a special early-retirement incentive program as part of the organizational restructuring.」
As part of the planned organizational restructuring, applications for voluntary retirement were solicited under a special early-retirement incentive program, and ¥2,158 million in additional retirement payments and other amounts was paid. - FY2020First statedAnnual report
「In response to major further changes in the external environment, including the market, strengthening the Group's business competitiveness, fundamentally reviewing its domestic manufacturing structure, and restructuring its personnel system have become essential to achieving sustainable growth. Having determined that the best course of action was to address these issues promptly rather than defer them, we decided to invite applications for voluntary retirement under a special early-retirement incentive program as part of our organizational restructuring. Recruitment target: 250 people」
As a measure to restructure the domestic manufacturing and personnel systems for the next medium- to long-term strategy, the Company announced a plan to recruit applicants for voluntary retirement from 20 July to 7 August 2020, with retirement on 30 September, targeting 250 people.