Solicitation of Applications for Voluntary Retirement Following Closure of Yokosuka Store
First written in FY2020. 4 of 5 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2022-Q1.
31 other companies' latest entry also says "Advanced".
- FY2022-Q1AdvancedAnnual report
「While the reduction in personnel expenses from the voluntary retirement programme implemented in the previous fiscal year contributed to cash flow, we will continue efforts this fiscal year to reduce expenses, including controlling outsourcing costs, in an effort to further improve operating cash flow.」
It states that the reduction in personnel expenses from the previous fiscal year’s voluntary retirement programme contributed to cash flow, and indicates a policy of continuing to control outsourcing costs and other expenses this fiscal year. - FY2021AdvancedAnnual report
「The main extraordinary losses were ¥5 million in impairment losses on investment securities and ¥101 million in business restructuring costs, among others.」
Business restructuring costs associated with voluntary retirements and store closures totalled ¥101 million for the full year, showing the financial impact of workforce rationalisation and store closures. - FY2021-Q3AdvancedAnnual report
「In addition to the reduction in personnel expenses resulting from the retirement of voluntary retirees, total selling, general and administrative expenses were 91.0% of the year-earlier level.」
The reduction in personnel expenses resulting from retirements after the voluntary retirement programme is reflected in the results as a factor behind the decline in selling, general and administrative expenses. - FY2021-Q2AdvancedAnnual report
「The company recorded ¥56 million as an extraordinary loss for business restructuring costs, including special retirement payments, arising from the voluntary retirement programme.」
Business restructuring costs, including special retirement payments arising from the voluntary retirement programme, were recorded as an extraordinary loss. - FY2020First statedAnnual report
「In connection with the closure of the Yokosuka store, we decided to solicit voluntary retirees in order to build a workforce structure appropriate to the scale of the business, after reviewing the organisation and personnel allocation to create a more efficient structure. Approximately 120 people, including non-regular employees, will be solicited. The solicitation is scheduled for late June 2020, and the retirement dates are scheduled for 31 August 2020 and 28 February 2021.」
In connection with the closure of the Yokosuka store, the company announced a solicitation of approximately 120 voluntary retirees and a timeline covering June 2020, August 2020 and February 2021.