Optimizing workforce composition through a voluntary retirement program
First written in FY2023. 7 of 8 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-08-07.
31 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Operating income rose to ¥157 million, up 8.4% year on year, owing to structural reforms in China, including voluntary retirement programs, and improved procurement costs in Thailand.」
Structural reforms in China, including voluntary retirement programs, and improved procurement costs in Thailand increased operating income in Asia. - FY2026AdvancedAnnual report
「Operating profit was ¥956 million, up 132.9% year on year, due to structural reforms in China and Thailand, including early retirement programs, as well as improvements in procurement costs, including the promotion of local procurement and production.」
Structural reforms in China and Thailand, including early retirement programs, and improvements in procurement costs were reflected in actual results as Asian operating profit of ¥956 million, up 132.9% year on year. - FY2025AdvancedAnnual report
「Enhanced retirement benefits and other expenses associated with the recruitment of employees for early retirement carried out within our group are being recorded as special retirement benefits under extraordinary losses.」
Special retirement benefits associated with the early retirement program totalled ¥651 million for the full fiscal year, adding to the expenses recorded through the previous interim period. Consolidated employee numbers declined by 349 to 2,828. - FY2025-H1AdvancedAnnual report
「The interim consolidated accounting period (from 1 April 2024 to 30 September 2024) The special retirement benefits of ¥441 million included in extraordinary losses comprise enhanced retirement benefits and other expenses associated with the recruitment of employees for early retirement within our group.」
Enhanced retirement benefits and other expenses of ¥441 million associated with the early retirement program were recorded as extraordinary losses. Costs continued to be incurred and accounted for after the program was launched. - FY2024-Q3AdvancedAnnual report
「The special retirement benefits of ¥966 million included in extraordinary losses comprise enhanced retirement benefits and outplacement support costs associated with the recruitment of employees for early retirement within our group, among other items.」
Enhanced retirement benefits, outplacement support costs, and other expenses associated with the early retirement program resulted in ¥966 million of special retirement benefits being recorded for the nine months ended December 2024. Cash payments for special retirement benefits amounted to ¥952 million. - FY2024-Q2AdvancedAnnual report
「The special retirement benefits of ¥947 million included in extraordinary losses comprise enhanced retirement benefits and outplacement support costs associated with the recruitment of employees for early retirement within our group, among other items.」
For the early retirement program, enhanced retirement benefits, outplacement support costs, and other expenses of ¥947 million associated with the program were recorded as extraordinary losses. The statement of cash flows also showed payments of ¥903 million for special retirement benefits. - FY2024-Q1AdvancedAnnual report
「The special retirement benefits of ¥787 million included in extraordinary losses comprise enhanced retirement benefits and outplacement support costs associated with the recruitment of employees for early retirement, among other items.」
For the early retirement program, enhanced retirement benefits, outplacement support costs, and other expenses of ¥787 million associated with the program were recorded as extraordinary losses. The specific development of costs being incurred and accounted for after the program was launched was disclosed. - FY2023First statedAnnual report
「As part of our management reforms, we will invite applications for retirement under an early retirement program in order to optimise our workforce structure and achieve a sustainable earnings base.」
As a structural reform measure under Medium- to Long-Term Management Plan 2029, the company invited applications for early retirement, receiving 154 applications against a target of approximately 150 employees. Special retirement allowances and outplacement support costs of approximately ¥800 million were scheduled to be recorded as extraordinary losses in the first quarter of the fiscal year ending March 2024.