Reduction in personnel expenses through a voluntary retirement program
First written in FY2023-Q2. 1 of 3 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023.
5 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「We reduced fixed costs by an annualized ¥700 million through the retirement of 21 employees under the first voluntary early retirement program since our founding, relocation of headquarters, and closure of unprofitable sites in Kanazawa and Senshu at consolidated subsidiary BESS Partners (hereinafter, “BP”).」
Regarding the voluntary early retirement program whose results were reported in the previous quarter, the company reiterated the actual results as measures to strengthen its management foundation for the full year: a reduction of 21 employees and an annualized ¥700 million reduction in fixed costs. - FY2023-Q3AchievedAnnual report
「(1) Eligible employees: Permanent employees aged 35 to 58, inclusive, as of 31 January 2023 Excluding managers and employees whose retirement had been decided as of 10 November 2022 (2) Number of positions: 25 (3) Retirement date: 31 January 2023 (4) Special measures: In addition to the company-initiated retirement allowance payable as of the retirement date, a special support payment will be provided. Outplacement support will be provided to applicants through an outplacement services company. 3. Results of the solicitation Number of retirees: 21」
For the voluntary early retirement solicitation resolved on 10 November 2022, applications were accepted with 31 January 2023 as the retirement date, and 21 employees retired against the target of 25. The extraordinary loss was expected to be approximately ¥130 million, as initially planned. - FY2023-Q2First statedAnnual report
「We are currently implementing various management measures aimed at an early recovery in performance. As part of these measures, we determined that further reductions in personnel expenses were necessary and decided to solicit applications for voluntary early retirement.」
At its meeting on 10 November 2022, the Board of Directors resolved to solicit applications for voluntary early retirement. Eligible employees were permanent employees aged 35 to 58, inclusive. The target was 25 employees, the application period was from 6 December to 20 December 2022, and the retirement date was 31 January 2023. An extraordinary loss of approximately ¥130 million was expected.