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TOMY CO LTD Announces Result of Early Retirement Program; Expects Extraordinary Losses for Q4 of FY 2013
TOMY CO LTD announced the result of its early-retirement program, which was offered during the period from February 12, 2013 to March 19, 2013. 138 of its employees took the offer and will retire on March 20, 2013. As a result, the Company expects the extraordinary loss of JPY 1,020 million caused by retirement payment, and also expects the extraordinary loss of JPY 5,870 million for impairment loss on assets of subsidiary, and extraordinary loss of JPY 540 million for retirement payment by subsidiary and others, for the fourth quarter of fiscal year ending March 31, 2013.
Latest Developments for Tomy Co Ltd
- TOMY CO LTD Amends Full-year Consolidated Outlook and Year-end Dividend Forecast for FY 2013
- TOMY CO LTD to Offer Early Retirement Program
- TOMY CO LTD Lowers Full-year Consolidated Outlook for FY 2013; Reaffirms Mid-term and Year-end Dividend Forecasts for FY 2013
- TOMY CO LTD Raises Consolidated Mid-year Outlook for FY 2013
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