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SCHOTT MORITEX CORPORATION Announces Outcome of Early-retirement Program; Announces Extraordinary Loss for FY 2013

Thursday, 26 Sep 2013 06:05am EDT 

SCHOTT MORITEX CORPORATION announced that it has completed the early-retirement program offered to its employees during the period from September 2, 2013 to September 13, 2013. 24 employees took the offer and will retire on September 30, 2013. The employees will be offered severances pay and outplacement support. As a result, the Company will record a JPY 171 million extraordinary loss on the offer of the early-retirement program, for the fiscal year ending September 2013. 

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-2.0 -0.77%
9:08pm EDT