Abolition of the Executive Retirement Bonus Plan
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.
25 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「The directors' retirement benefit plan was abolished upon the conclusion of the Annual General Meeting of Shareholders held on 29 June 2016. In connection with the abolition of the plan, the general meeting resolved to make a lump-sum payment of directors' retirement benefits. As a result, the entire directors' retirement benefit provision was reversed, and the unpaid portion of the lump-sum payment, ¥251.900 million, was recorded under long-term accounts payable in non-current liabilities.」
It reconfirms the abolition of the directors' retirement benefit plan and the lump-sum payment, and states that the unpaid amount of ¥251.900 million was recorded as long-term accounts payable. - FY2017-Q3RestatedAnnual report
「The Company had recorded the amount payable at the end of the fiscal year under its internal rules in preparation for paying directors' retirement benefits, but abolished the directors' retirement benefit plan upon the conclusion of the Annual General Meeting of Shareholders held on 29 June 2016. In connection with the abolition of the plan, the general meeting resolved to make a lump-sum payment of directors' retirement benefits. As a result, the entire directors' retirement benefit provision was reversed, and the unpaid portion of the lump-sum payment, ¥251.900 million, was included in Other under non-current liabilities.」
It reconfirms the abolition of the directors' retirement benefit plan and the resolution to make a lump-sum payment, and states that the entire provision was reversed and the unpaid amount of ¥251.900 million was recorded. - FY2017-Q2RestatedAnnual report
「The Company had recorded the amount payable at the end of the fiscal year under its internal rules in preparation for paying directors' retirement benefits, but abolished the directors' retirement benefit plan upon the conclusion of the Annual General Meeting of Shareholders held on 29 June 2016. In connection with the abolition of the plan, the general meeting resolved to make a lump-sum payment of directors' retirement benefits.」
The abolition of the directors' retirement benefit plan and the resolution to make a lump-sum payment are reconfirmed in the additional information. - FY2017-Q1AchievedAnnual report
「The directors' retirement benefit plan has been abolished. In connection with its abolition, the general meeting of shareholders resolved to make a lump-sum payment of directors' retirement benefits.」
It states that the plan was abolished upon the conclusion of the Annual General Meeting of Shareholders held on 29 June 2016 and that a lump-sum payment was approved.