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OKI Sets a ¥10bn Charge as 668 Staff Apply for Early Retirement

Oki Electric Industry expects about ¥10bn in special retirement payments after 668 group employees applied for its second-career scheme, booked in the second quarter with the full-year consolidated forecast left unchanged.

Empty factory workstations and hanging safety helmets beside two unequal stacked blocks representing a parent-only and a consolidated charge.

Oki Electric Industry has put numbers on the early-retirement offer it announced in July: 668 group employees applied, and the special retirement payments will cost about ¥10bn. OKI said the cost will be booked as a special loss in the second quarter of the year to March 2027.

Applications and the charge

The company's timely disclosure of 29 September 2026 counts 668 applicants on a consolidated basis. Of those, 369 came from the parent company alone. OKI called the figures applications (応募人数), and neither number says how many people will leave on the scheduled date.

The same day, OKI filed an extraordinary report that splits the cost by reporting basis. It expects to record about ¥5.9bn as a special loss on a parent-only basis and about ¥10bn on a consolidated basis, both for the year to March 2027. The report describes the payment as a special retirement allowance, a "special addition" on top of normal severance, and says the group also offers re-employment support services to those who want them.

The report states the parent-only and consolidated figures separately, and OKI gives no further breakdown of how the group total is made up.

What the offer covered

The scheme was open to regular employees of OKI and its group companies who will be at least 55 years old and have at least ten years of service on 31 October 2026. Employees rehired after mandatory retirement were also eligible. OKI set no cap on the number of places. Applications ran from 17 August to 25 September 2026, and the retirement date is 31 October 2026.

Guidance unchanged

OKI said the scheme does not change its consolidated forecast for the year to March 2027, and that it will notify the market promptly if anything further needs disclosing. The company gave no estimate of savings from the departures, so the announced cost is the only quantified effect so far.

The next checkpoint is the second-quarter results, where the charge is due to appear.