The number of applicants for the second-career support program implemented by OKI Electric Industry reached 668, of whom 369 applied solely to the company. Total special retirement payments are expected to be approximately ¥10 billion, and retirement is scheduled for 31 October.
OKI Electric Industry announced that a total of 668 people applied under the special measures for its second-career support program, including employees of subsidiaries. Of these applicants, 369 applied solely to the company.
Total special retirement payments associated with the program are expected to be approximately ¥10 billion and are planned to be recorded as an extraordinary loss in the financial statements for the first half of the fiscal year ending March 2027.
Retirement is scheduled for 31 October, and the company said there would be no revision to its consolidated full-year earnings forecast for the fiscal year ending March 2027 as a result of the measure.