Workforce Optimization and Age-Composition Adjustment Through a Voluntary Retirement Program
First written in FY2021-Q2. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2023.
7 other companies' latest entry also says "Other".
- FY2023Full-year employee count updatedAnnual report
「Number of employees 6,638 [4,158]」
The number of consolidated employees was 6,638, up from 6,523 in the previous fiscal year. The full-year actual workforce size following the voluntary early retirement program has been updated. - FY2022AdvancedAnnual report
「The number of employees decreased by 1,015 during the current consolidated fiscal year, mainly as a result of the company soliciting voluntary early retirements and other factors.」
Following workforce optimization, including voluntary early retirements, the number of consolidated employees decreased by 1,015 during the current consolidated fiscal year. - FY2022-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the number of employees decreased by 906 from the end of the previous consolidated fiscal year, mainly as a result of retirements and other departures associated with the voluntary early retirement program conducted in the previous consolidated fiscal year.」
The number of employees decreased by 906 from the end of the previous consolidated fiscal year following the voluntary early retirement program and other measures conducted in the previous fiscal year. The post-implementation results of workforce optimization, including voluntary early retirements, have been updated further. - FY2022-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the number of employees decreased by 792 from the end of the previous consolidated fiscal year, mainly as a result of retirements and other departures associated with the voluntary early retirement program conducted in the previous consolidated fiscal year.」
The company disclosed that, following the voluntary early retirement program and other measures conducted in the previous fiscal year, the number of employees decreased by 792 from the end of the previous consolidated fiscal year. - FY2022-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the number of employees decreased by 658 from the end of the previous consolidated fiscal year, mainly as a result of retirements and other departures associated with the voluntary early retirement program conducted in the previous consolidated fiscal year.」
The company disclosed that, following the voluntary early retirement program conducted in the previous fiscal year, the number of employees decreased by 658 from the end of the previous consolidated fiscal year. - FY2021AdvancedAnnual report
「The breakdown of business restructuring expenses is as follows: contract termination losses associated with store closures, ¥323 million; impairment losses on store assets and other assets, ¥1,420 million; losses associated with voluntary early retirements, ¥4,259 million; total, ¥6,002 million.」
For the restructuring, including voluntary early retirements, the company recorded ¥6,002 million in business restructuring expenses for the full year, including ¥4,259 million in losses associated with voluntary early retirements. - FY2021-Q2First statedAnnual report
「The Company is currently undertaking the Business Wear Business Rebuilding Project aimed at restoring performance over the medium to long term. However, as the impact of COVID-19 has placed the Company's performance in a serious situation, it has decided to solicit applications for voluntary retirement as a further structural reform, with the aim of optimizing its workforce and adjusting its age profile. Approximately 400 positions; application period: 14 December 2020–19 February 2021 (scheduled); retirement date: 31 May 2021」
The company resolved to solicit approximately 400 voluntary early retirements, targeting employees aged 40 to under 63 and others, as an additional structural reform measure under the Business Wear business restructuring project. It expects to record an extraordinary loss of approximately ¥4 billion, including special retirement payments.