Abolition of the Executive Retirement Benefit System and Lump-Sum Payments
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
26 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Accordingly, the company reversed the full amount of the provision for directors' retirement benefits and presented the unpaid portion of the lump-sum payment, ¥35.281 million, under Other within non-current liabilities.」
The company reconfirms the discontinuation of the directors' retirement benefit system, the full reversal of the provision and presentation of the unpaid portion of ¥35.281 million. - FY2020-Q3RestatedAnnual report
「Accordingly, the company reversed the full amount of the provision for directors' retirement benefits and presented the unpaid portion of the lump-sum payment, ¥35.281 million, as long-term accounts payable.」
The company reconfirms the discontinuation of the directors' retirement benefit system, the full reversal of the provision and presentation of the unpaid portion of ¥35.281 million as long-term accounts payable. - FY2020-Q2RestatedAnnual report
「Accordingly, the company reversed the full amount of the provision for directors' retirement benefits and presented the unpaid portion of the lump-sum payment, ¥35.281 million, as long-term accounts payable.」
Additional information reconfirms the discontinuation of the directors' retirement benefit system, the full reversal of the provision and presentation of the unpaid portion as long-term accounts payable. - FY2020-Q1First statedAnnual report
「At the annual general meeting of shareholders held on 27 June 2019, the company resolved to discontinue the directors' retirement benefit system and make lump-sum payments in connection with its discontinuation. Its consolidated subsidiary also resolved at its annual general meeting of shareholders held in May 2019 to discontinue the directors' retirement benefit system and make lump-sum payments in connection with its discontinuation. Accordingly, the company reversed the full amount of the provision for directors' retirement benefits and presented the unpaid portion of the lump-sum payment, ¥35.281 million, as long-term accounts payable.」
The company and its consolidated subsidiary resolved to discontinue their directors' retirement benefit systems and make lump-sum payments, and disclosed for the first time that they had reversed the provisions in full and presented the unpaid portion of ¥35.281 million as long-term accounts payable.