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ASANUMA CORP to Offer Early-retirement Program and Expects Extraordinary Loss for FY 2013

Wednesday, 9 Jan 2013 09:30pm EST 

ASANUMA CORP announced that it plans to offer an early-retirement program to its inside general staffs who are above 40 years old to 59 years old, as well as inside support staffs and inside technical staffs who are above 35 years old to 59 years old. The early-retirement program, which is offered during the period from February 4, 2013 to mid February 2013, will include severance pay and outplacement support. The Company expects approximately 150 employees to take up the offer with the retirement date of February 28, 2013. As a result, the Company expects the extraordinary loss of approximately JPY 500 million caused by retirement payment, for the fiscal year ending March 2013. 

Company Quote

2.0 +1.17%
31 Oct 2014