Fundamental Review of Production Sites and the Production System and Voluntary Retirement
First written in FY2016. 5 of 11 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2023-Q2.
11 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「Even when increasing production, we will limit the increase in personnel by responding through personnel transfers throughout the group, thereby controlling fixed costs.」
The company reiterated, in the context of optimizing its production structure and workforce, a policy of limiting increases in personnel during periods of increased production through personnel transfers across the group. - FY2022-Q1RestatedAnnual report
「We will optimize staffing across the group by transferring or reducing personnel throughout the group companies. These measures will reduce fixed costs.」
The company reiterated workforce optimization through personnel transfers and reductions as a measure to reduce fixed costs and transform the business structure. - FY2021-Q1AdvancedAnnual report
「Voluntary retirement-related costs ※1 - ※1 ¥29.391 million These comprise enhanced retirement allowances and outplacement support costs, among other expenses, for employees retiring under the voluntary retirement program.」
For the voluntary retirement program planned for FY2020, the company recorded ¥29.391 million for enhanced retirement allowances, outplacement support costs and other expenses for departing employees, resulting in implementation costs related to the program. - FY2020AdvancedAnnual report
「The company determined that further fixed-cost reductions and the establishment of a business structure aligned with demand were unavoidable, and decided to undertake workforce optimization.」
The company resolved to solicit voluntary retirements from approximately 20 regular employees from 1 to 17 June 2020, with 20 July set as the retirement date. - FY2019-Q1AdvancedAnnual report
「Heat-resistant glass reflectors produced by Niigata Okamoto Glass Co., Ltd. are the company's main products, although production of reflectors made by processing stocked crystallized-glass substrates is also continuing.」
The company disclosed a production structure that is shifting its main reflector products to heat-resistant glass made by Niigata Okamoto Glass while continuing to process stocked substrates. - FY2018RestatedAnnual report
「• Business structure reform Optimization of operating sites and personnel」
The company continues to identify the optimization of operating sites and personnel as part of the business structure reform under its medium-term management plan. - FY2018-Q2RestatedAnnual report
「Mass production of head lenses and fog lenses, for which demand has been gradually declining, ended in the glass-melting furnace in September 2016. During the fiscal year, the company responded by using reserve inventory and producing small lots in crucible furnaces, resulting in higher cost of sales.」
For products with gradually declining demand, mass production in the melting furnace ended in September 2016, and production shifted to reserve inventory and small-lot production using crucible furnaces. - FY2017-Q3RestatedAnnual report
「Regarding the voluntary retirement program launched in May 2016, all 29 applicants retired, and the company recorded ¥43 million in related costs as an extraordinary loss.」
Regarding the voluntary retirement program, the company continued to disclose that all 29 applicants had retired and that ¥43 million in related costs had been recorded. - FY2017-Q2AdvancedAnnual report
「As the disposal of certain Fly-eye manufacturing equipment, for which a subsidy had been received at the time of acquisition, was approved for use in another business, the company recorded a ¥17 million loss on the repayment of the subsidy as an extraordinary loss and ¥9 million in reversal gains on the reduction of the carrying amount of fixed assets as an extraordinary gain. Regarding the voluntary retirement program launched in May this year, all 29 applicants retired between September and early October, and the company recorded ¥43 million in related costs as an extraordinary loss.」
The company disclosed that part of the Fly-eye manufacturing equipment had been converted for other uses and that all 29 applicants under the voluntary retirement program had retired. - FY2017-Q1AdvancedAnnual report
「As the disposal of certain Fly-eye manufacturing equipment, for which a subsidy had been received at the time of acquisition, was approved for use in another business, the company recorded a ¥17 million loss on the repayment of the subsidy as an extraordinary loss and ¥9 million in reversal gains on the reduction of the carrying amount of fixed assets as an extraordinary gain. Applications for voluntary retirement, which began on 16 May this year, were nearly at the targeted number, so the company closed the program at the end of June and recorded ¥47 million in related costs as an extraordinary loss.」
As specific measures under the review of the production structure, the company disclosed the conversion of part of the Fly-eye manufacturing equipment for other uses and the closing of the voluntary retirement program. Applications were said to have nearly reached the target number, without stating that the target had been fully achieved. - FY2016First statedAnnual report
「Accordingly, we decided to fundamentally review our production sites and production structure, including group companies, and work to optimise our workforce.」
Under subsequent events, it is stated that the company resolved to solicit voluntary retirements from approximately 30 regular employees, with 20 September 2016 set as the retirement date.