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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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SHOWA CORP Announces Outcome of Early Retirement Program; Expects Extraordinary Loss for FY 2014

Monday, 14 Oct 2013 07:15pm EDT 

SHOWA CORP announced that 378 employees took up the offer of the early retirement program offered during the period from October 1, 2013 to October 14, 2013. The employees will be offered special benefits and outplacement support. The Company is expecting an extraordinary loss of approximately JPY 3.7 billion due to this development, for the fiscal year ending March 2014. 

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