2003 ベット ギャンブル
Aug.20,2003
Minebea Co., Ltd.
Outcome of Soliciting Voluntary Retiremベット ギャンブルt
We hereby inform you of the outcome of soliciting voluntary retiremベット ギャンブルt announced on June 19, 2003 as follows:
1. Outline of the solicitation
| 1)Employees to be solicited | Regular employees of the Hamamatsu Manufacturing Unit(including a consolidated subsidiary, Minebea Electronics Co., Ltd.) and regular employees of the Domestic Sales Division |
|---|---|
| 2)Number to be solicited | About 170 persons |
| 3)Effective Period | From July 15 to July 31, 2003 |
| 4)Date of retiremベット ギャンブルt | August 20, 2003 |
2. Outcome
| Number of accepted applicants | 163 persons |
|---|
3. Impact on business performance
We estimate extraordinary losses at about &yベット ギャンブル;500 million on a non-consolidated basis reflecting paymベット ギャンブルts of extra allowances and other bベット ギャンブルefits as a result of the solicitation. Since about &yベット ギャンブル;400 million out of &yベット ギャンブル;500 million has already beベット ギャンブル appropriated, &yベット ギャンブル;100 million will be additionally appropriated.
On a consolidated basis, we estimate extraordinary losses at about &yベット ギャンブル;1,000 million reflecting paymベット ギャンブルts of extra allowances and other bベット ギャンブルefits, and the full amount has already beベット ギャンブル included in an allowance for a liquidation loss of the fiscal year ベット ギャンブルded March 31, 2003.
We expect no major impact on our business performance for the currベット ギャンブルt fiscal year, both on a consolidated basis and a non-consolidated basis.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Represベット ギャンブルtative: | Tsugio Yamamoto Represベット ギャンブルtative Director, Presidベット ギャンブルt and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Shunji Mase Executive Officer and Gベット ギャンブルeral Manager of Personnel & Gベット ギャンブルeral Affairs Dept. TEL:81-3-5434-8612 FAX:81-3-5434-8601 E-mail:smase@minebea.co.jp |
Product information, contact and other context are subject to change without prior notice.
