Roland Corp to Offer Early-retirement Program; Announces Extraordinary Loss for FY 2013

Roland Corp announced that it plans to offer an early-retirement program to employees of the Company and its subsidiary, who are above 45 years old to 60 years old as of March 31, 2013 and has been working for the Company for above ten years, during the period from December 10, 2012 to December 28, 2012. The employees will retire on March 31, 2013, and will be offered retirement pay, outplacement support and additional benefits. The Company expects approximately 100 employees to take up the offer. As a result, the Company expects to record a JPY 1,200 million extraordinary loss on the retirement payment, for the fiscal year ending March 2013.