Abolition of the Executive Retirement Allowance Plan and Lump-Sum Payments
First written in FY2019-Q1. 1 of 3 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q3.
26 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「At the 68th Annual General Meeting of Shareholders held on 17 May 2018, the Company resolved to discontinue its directors’ retirement benefit system and make lump-sum payments of retirement benefits in connection with the discontinuation. Accordingly, the Company reversed the entire provision for directors’ retirement benefits and presented the unpaid portion of the lump-sum payment, ¥325.058 million, as “long-term accounts payable,” included in “Other” under non-current liabilities.」
The discontinuation of the directors’ retirement benefit system, the lump-sum payments and recognition of the ¥325.058 million unpaid portion have been reconfirmed. - FY2019-Q2Update to the disclosed unpaid amountAnnual report
「At the 68th Annual General Meeting of Shareholders held on 17 May 2018, the Company resolved to discontinue its directors’ retirement benefit system and make lump-sum payments of retirement benefits in connection with the discontinuation. Accordingly, the Company reversed the entire provision for directors’ retirement benefits and presented the unpaid portion of the lump-sum payment, ¥325.058 million, as “long-term accounts payable,” included in “Other” under non-current liabilities.」
The discontinuation of the directors’ retirement benefit system and the lump-sum payments have been reconfirmed. The current disclosure states the unpaid portion as ¥325.058 million. - FY2019-Q1AchievedAnnual report
「At the 68th Annual General Meeting of Shareholders held on 17 May 2018, the Company resolved to discontinue its directors’ retirement benefit system and make lump-sum payments of retirement benefits in connection with the discontinuation. Accordingly, the Company reversed the entire provision for directors’ retirement benefits and presented the unpaid portion of the lump-sum payment, ¥325.028 million, as “long-term accounts payable,” included in “Other” under non-current liabilities.」
At the 68th Annual General Meeting of Shareholders, the Company resolved to discontinue the directors’ retirement benefit system and make lump-sum payments, and reversed the entire provision for directors’ retirement benefits.