【Nihonkagaku Sangyo】Results of Early Retirement Program and Future Cost Outlook ｜ May 2026

Program Overview

Nihonkagaku Sangyo implemented an early retirement preferential system as support measure for employees following the termination of manufacturing consignment of lithium-ion battery cathode materials announced in February 2026. The target was approximately 50 employees engaged in battery materials business. Recruitment period was from April 6 to May 20, 2026, with retirement scheduled for August 31, 2026. Severance pay included additional payments, and re-employment support was provided to volunteers. The number of applicants reached 31. Costs associated with this program were incorporated into the consolidated earnings forecast announced on May 14, 2026, for the fiscal year ending March 2027.

Future Outlook and Impact

The costs arising from this early retirement program are already reflected in the consolidated earnings forecast for the fiscal year ending March 2027. The implementation of the program aims to support employees while managing costs. The detailed effects and costs of the program will need to be monitored in conjunction with future business performance. This employee support measure is positioned as part of business restructuring and cost optimization efforts.