Abolition of the Executive Retirement Bonus System and Lump-Sum Payments
First written in FY2017. 5 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Regarding directors' retirement benefits, the 34th Annual General Meeting of Shareholders held on 29 June 2017 resolved to discontinue the directors' retirement benefit plan and make lump-sum payments. Accordingly, no directors' retirement benefits will be paid for periods of service after the plan was discontinued.」
The policy of discontinuing the directors' retirement benefit plan and making no payments for periods of service after its discontinuation is being reconfirmed. - FY2021RestatedAnnual report
「Regarding directors' retirement benefits, the 34th Annual General Meeting of Shareholders held on 29 June 2017 resolved to discontinue the directors' retirement benefit plan and make lump-sum payments. Accordingly, no directors' retirement benefits will be paid for periods of service after the plan was discontinued.」
The policy of discontinuing the directors' retirement benefit plan and making no payments for periods of service after its discontinuation is being reconfirmed. - FY2018RestatedAnnual report
「At the annual general meeting of shareholders for the fiscal year ended March 2017, the Company and its domestic consolidated subsidiaries resolved to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the full amount of the provision for directors' retirement benefits was reversed, and the unpaid amount associated with the lump-sum payments is presented as "long-term accounts payable" under "Other" in non-current liabilities.」
The discontinuation of the plan, the full reversal of the provision and the presentation of the long-term accounts payable associated with the lump-sum payments are also being reconfirmed in the annual report. - FY2018-Q3RestatedAnnual report
「At the annual general meeting of shareholders for the fiscal year ended March 2017, the Company and its domestic consolidated subsidiaries resolved to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the full amount of the provision for directors' retirement benefits was reversed, and the unpaid amount associated with the lump-sum payments is presented as "long-term accounts payable" under "Other" in non-current liabilities.」
The full reversal of the provision following the discontinuation of the directors' retirement benefit plan and the presentation of the unpaid amount as long-term accounts payable are being reconfirmed. - FY2018-Q2RestatedAnnual report
「At the annual general meeting of shareholders for the fiscal year ended March 2017, the Company and its domestic consolidated subsidiaries resolved to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the full amount of the provision for directors' retirement benefits was reversed, and the unpaid amount associated with the lump-sum payments is presented as "long-term accounts payable" under "Other" in non-current liabilities.」
The full reversal of the provision following the discontinuation of the directors' retirement benefit plan and the presentation of the unpaid amount as long-term accounts payable are being reconfirmed. - FY2018-Q1AdvancedAnnual report
「At the annual general meeting of shareholders for the fiscal year ended March 2017, the Company and its domestic consolidated subsidiaries resolved to make lump-sum payments in connection with the discontinuation of the directors' retirement benefit plan. Accordingly, the full amount of the provision for directors' retirement benefits was reversed, and the unpaid amount associated with the lump-sum payments is presented as "long-term accounts payable" under "Other" in non-current liabilities.」
Following the discontinuation of the directors' retirement benefit plan, the full amount of the provision for directors' retirement benefits was reversed, and the unpaid amount associated with the lump-sum payments was reclassified to long-term accounts payable. - FY2017First statedAnnual report
「At the conclusion of the 34th Annual General Meeting of Shareholders held on 29 June 2017, the Company resolved to abolish the directors’ retirement bonus system and make lump-sum payments in lieu of the system to 9 directors, subject to a total limit of ¥1.3 billion, with payment to be made when the directors leave office.」
The directors’ retirement bonus system was abolished at the conclusion of the Annual General Meeting of Shareholders, and changed to lump-sum payments to 9 directors subject to a total limit of ¥1.3 billion.