CHARLE CO.,LTD. has announced plans to eliminate 25 positions through voluntary retirements, with retirement scheduled for 31 March 2027. Eligible employees are regular employees aged 50 to 60 with at least 10 years of service and re-employed contract employees aged 60 to 63. The company plans to provide special additional payments and outplacement support. An extraordinary loss of approximately ¥426 million is expected to be recorded.
CHARLE CO.,LTD., a women's underwear retailer listed on the TSE Standard Market, plans to eliminate 25 positions through voluntary retirements. Retirement is scheduled for 31 March 2027, and eligible employees are those aged 50 to 60 with at least 10 years of service and re-employed contract employees aged 60 to 63.
The company cites increasing customer attrition associated with an aging customer base, rising costs and inventory valuation losses as factors behind the deterioration in performance. It expects a net loss of ¥750 million for the fiscal year ending March 2027.
In addition to providing retirees with separate special additional payments, the company plans to offer outplacement support to those who request it. It expects to record approximately ¥426 million in extraordinary losses for part of the costs.