Fuji Media : ［Delayed］Notice Regarding“Next Career Support Voluntary Retirement Program ”at a Consolidated Subsidiary of the Company
November 30, 2021 at 02:11 am
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November 25, 2021
(Translation)
Company name: Fuji Media Holdings, Inc.
Representative: Osamu Kanemitsu, President (Code No. 4676, 1st section of Tokyo Stock Exchange) Person to contact: Noriyuki Kawashima
Executive Vice President
Telephone:
+81-3-3570-8000 (key)
Notice Regarding "Next Career Support Voluntary Retirement Program" at a
Consolidated Subsidiary of the Company
Fuji Media Holdings, Inc. (the "Company") announces that Fuji Television Network, Inc., a consolidated subsidiary of the Company, has resolved to call for voluntary retirement through "Next Career Support Voluntary Retirement Program" as shown below, at a meeting of its Board of Directors held on November 25, 2021.
1. Reasons for calling for voluntary retirement
Fuji Television Network, Inc. has decided to implement "Next Career Support Voluntary Retirement Program," as part of the human resources policy in its management plan, to support the second careers of employees in their 50s and provide them with additional options for the future.
2. Details of the program
(1)
Eligible applicants:
Employees who are 50 years of age or older and have worked for
Fuji Television Network, Inc. for 10 years or more
(2)
Period of application:
From January 5, 2022 to February 10, 2022
(3)
Date of the retirement:
March 31, 2022
(4)
Benefit of the application:
Special addition is added to the severance pay, also cordial
support for career change or starting business is provided to
those who wish to receive said support
3. Impact on the Company's financial results
The special severance payments associated with the result of this calling for voluntary retirement will be recorded as an extraordinary loss in the consolidated financial results for the fiscal year ending March 31, 2022. Since the number of applicants and the total amount of special severance payments have not yet been confirmed at this point, the impact on the forecasts of consolidated financial results will be announced as soon as it is confirmed.
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Fuji Media Holdings Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 07:10:12 UTC.
Fuji Media Holdings Inc is a Japan-based company engaged in the core broadcasting business, the media and content business, and the urban development and tourism business. The Company operates in two business segments. The Media and Content segment is engaged in the production of broadcast programs, movies, anime, games and events, the sale of video and music software, the publication of music, magazines and newspapers, as well as television broadcasting, radio broadcasting, mail order sales and advertising business. The Urban Development and Tourism segment engages in the rental and sale of residences, offices and logistics facilities, the operation of hotels and marine leisure facilities, as well as events and interior decoration and building management business. The Company also engages in movable property leasing and product sales, software development, and restaurants and shops business.
FUJI MEDIA HOLDINGS, INC. 
