Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Shiseido Offers Early Retirement for 1,500 Staff Amid Cost Cuts [BNN Bloomberg (Canada)]

SHISEIDO CO LTD S/ADR (SSDOY) 
NASDAQ:AMEX Investor Relations: shiseidogroup.com/ir
Company Research Source: BNN Bloomberg
The plan will be offered to employees who meet certain age and tenure requirements, and applications will be open April 17 through May 8, the company said in a statement Thursday. The estimated financial impact of the measure has already been incorporated into its full-year forecast, it said. “After Covid and with the Japanese economy starting to recover, there has been an increase in opportunities to examine new career options, while reconsidering factors such as working styles and life plans,” the company said. “Amidst that background, Shiseido Japan will implement significant reforms, which will support those employees exploring alternative opportunities beyond the company.” Shiseido's early retirement plan is part of a broader group of measures the company said will help it achieve sustainable growth and improved profitability. It's also set to focus on developing new markets and is looking to cut costs by about ¥25 billion ($167 million) over the next two years. Read More: Show less Read more
Impact Snapshot
Event Time:
SSDOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SSDOY alerts

from News Quantified
Opt-in for
SSDOY alerts

from News Quantified