Kose Holdings said 199 employees applied to its voluntary early retirement program, "Special Life Challenge", against a target of about 80. The company disclosed the result on October 9, 2026, following its August 6 announcement of the program.
Who could apply
The program covered Kose Corporation and its subsidiary Kose Cosmetics Sales, both consolidated subsidiaries of the listed holding company. Eligible staff had at least five years of service and fell into one of two groups: managers and general staff aged 45 to 59, and rehired employees aged 60 to 64. The application window ran from September 1 to September 15, 2026.
Participants receive a premium payment on top of their standard retirement benefit, and those who want it can use outplacement support for up to one year after leaving. The stated retirement date is January 31, 2027, so the 199 figure counts applicants, not completed departures.
The accounting
Kose expects to book a special loss of about ¥2.5bn in its consolidated results for the third quarter of the year ending December 2026, covering the premium payments and related costs.
The company says a separate gain offsets that charge. It is selling real estate as it consolidates sales offices, for about ¥3.3bn, and expects a gain on the fixed-asset sale of about ¥2.6bn. Because of that gain, Kose is not revising the consolidated forecast it published on February 12, 2026. The notice gives the retirement charge, the sale price and the expected gain as three separate figures.
The notice does not say how much the program will cut annual costs or how many of the applicants the company will accept.