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    4676   JP3819400007

FUJI MEDIA HOLDINGS, INC.

(4676)
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Delayed Japan Exchange  -  05/20 02:00:00 am EDT
1076.00 JPY   -1.10%
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Fuji Media : [Delayed]Notice Regarding“Next Career Support Voluntary Retirement Program ”at a Consolidated Subsidiary of the Company

11/30/2021 | 02:11am EDT

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.

-End of Document-

Disclaimer

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.


© Publicnow 2021
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Sales 2022 529 B 4 150 M 4 150 M
Net income 2022 23 657 M 186 M 186 M
Net Debt 2022 - - -
P/E ratio 2022 10,2x
Yield 2022 3,31%
Capitalization 242 B 1 900 M 1 900 M
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Number of Analysts 4
Last Close Price 1 088,00 JPY
Average target price 1 305,00 JPY
Spread / Average Target 19,9%
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Masaki Miyauchi Manager-Organization Production
Ryunosuke Endo President, COO & Representative Director
Tsuyoshi Habara Manager-Accounting
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