Ushio early retirement program draws 238 applicants, costs 4.16bn yen

Ushio Inc reported that 238 employees applied for its expanded Second Life Support Program, an early retirement initiative targeting workers aged 56 or older with at least three years of service.

The program will result in an extraordinary loss of 1.56 billion yen for fiscal 2025 and an additional 2.6 billion yen in the first quarter of fiscal 2026. The company maintained its consolidated earnings forecast unchanged.