Decision and Details
Increase in pay levels, and the introduction of a relocation support allowance and subsidies for egg-freezing costs
To implement pay increases exceeding the rise in prices in response to ongoing inflation. To raise the engagement of each employee and contribute to the company's sustainable growth and enhancement of corporate value over the medium to long term. To further ensure fair evaluation and treatment and strengthen competitiveness in the race to attract talent
The measures are expected to bring out employees' motivation and capabilities to the fullest and contribute to further business expansion. The specific impact on operating performance and financial results is Not disclosed
| Item | Details |
|---|---|
| Matter Covered | Increase in pay levels, and the introduction of a relocation support allowance and subsidies for egg-freezing costs |
| Period Covered | Storage-fee subsidies for frozen eggs are available for up to 5 years. The periods applicable to the pay increase and other programs are Not disclosed |
| Amount | Pay levels: approximately 5% increase; cumulative increase over the past 5 years: at least 25%; relocation support allowance: reimbursement of actual expenses up to ¥50,000 per relocation |
| Quantity / scale | Five consecutive years; young employees whose work locations are outside the Tokyo metropolitan area; storage-fee subsidies for frozen eggs are available for up to 5 years |
| Impact on Business Performance | The measures are expected to bring out employees' motivation and capabilities to the fullest and contribute to further business expansion. The specific impact on operating performance and financial results is Not disclosed |
| Reason | To implement pay increases exceeding the rise in prices in response to ongoing inflation. To raise the engagement of each employee and contribute to the company's sustainable growth and enhancement of corporate value over the medium to long term. To further ensure fair evaluation and treatment and strengthen competitiveness in the race to attract talent |
| Future plans | Implement the increase in pay levels, introduce the relocation support allowance and subsidies for egg-freezing costs, and review allowances and work arrangements. The specific implementation timing is Not disclosed |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To implement pay increases exceeding the rise in prices in response to ongoing inflation. The measures also aim to improve employee engagement, ensure fair evaluation and treatment, and strengthen competitiveness in the race to attract talent.