Restructuring the Earnings Structure and Voluntary Retirement
First written in FY2016. 4 of 7 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2022-Q2.
31 other companies' latest entry also says "Advanced".
- FY2022-Q2AdvancedAnnual report
「In addition, the company implemented a voluntary early retirement program to restructure its earnings structure.」
The company implemented the voluntary early retirement program resolved in July 2021. It recorded ¥354 million in additional retirement allowances and other costs associated with the program as an extraordinary loss, indicating that the plan had progressed to the implementation stage. - FY2022-Q1RaisedAnnual report
「At a meeting of the Board of Directors held on 2 July 2021, the company resolved to invite applications for voluntary early retirement as follows.」
To restructure its earnings structure, the company resolved to implement voluntary early retirement as a measure to restructure the Group's workforce. The program covered approximately 80 employees, with applications accepted from 6 August to 31 August 2021 and scheduled retirement on 30 September 2021, or 28 February 2022 at certain facilities. The scale and scope had expanded from the previously disclosed program covering approximately 30 employees at a subsidiary. - FY2020-Q2AdvancedAnnual report
「Additional retirement benefits associated with employees' early retirement.」
The company recorded ¥28 million in additional retirement benefits associated with employees' early retirement as an extraordinary loss, providing further confirmation that measures to restructure the workforce were being implemented. - FY2019AdvancedAnnual report
「In addition, 新村印刷株式会社, which had newly become a consolidated subsidiary, implemented a voluntary early retirement program to expand its growth platform, create synergies within the Mitsumura Printing Group, restructure its workforce in line with business scale and correct its age composition.」
Regarding the voluntary early retirement program at 新村印刷 decided in the previous quarter, the process has progressed to the application stage. In connection with this, ¥160 million in additional retirement allowances and other costs was recorded as an extraordinary loss. - FY2019-Q3AdvancedAnnual report
「The company faces challenges including reforming unprofitable divisions and reducing fixed costs. It decided to invite applications for voluntary early retirement after determining that restructuring the workforce in line with business scale and correcting its age composition were essential to expand its growth platform and create synergies within the Mitsumura Printing Group. ② Number of positions: approximately 30 ③ Application period: 18 February to 1 March 2019 (scheduled) ④ Scheduled retirement date: 31 March 2019」
For 新村印刷, which had newly become a consolidated subsidiary, the company decided to invite applications for voluntary early retirement from approximately 30 employees as a means of reforming unprofitable divisions, reducing fixed costs and restructuring the workforce. - FY2017Cited as achievedAnnual report
「The company posted higher profit partly because of the reduction in personnel expenses resulting from the voluntary early retirement program implemented at the end of the previous fiscal year to restructure its earnings structure.」
The company cites the voluntary early retirement program implemented in the previous fiscal year as a factor behind the reduction in personnel expenses and higher profit in the current fiscal year. - FY2016First statedAnnual report
「To restructure the earnings structure of the Group, we invited applications for voluntary early retirement in order to complete key management initiatives, including fundamental rationalization, securing strong competitiveness and profitability in the market, establishing an organizational structure to drive sustainable growth, and restructuring the workforce in line with business scale and correcting its age composition. The total of 71 employees who took voluntary early retirement as part of the earnings-structure restructuring, leaving the company on 31 March 2016, is included in the above employee count.」
The company implemented voluntary early retirement as a means of restructuring its earnings structure, with 71 employees leaving the company on 31 March 2016.