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SHOWA CORP to Close Nagoya Business Center; to Offer Early-retirement Program

Monday, 10 Jun 2013 04:00am EDT 

SHOWA CORP announced that it has decided to close its Nagoya Business Center. The Company has also decided to offer an early-retirement program, during the period from October 1, 2013 to October 14, 2013. The Company expects approximately 300 employees, including employees of Nagoya Business Center, who are over 45 years old, to take up the offer. The retirement will be conducted during the period from March 31, 2014 to May 31, 2014. The Company will provide retirement payment and special allowance, as well as reemployment support. 

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