THK Books ¥700 Million Charge for Voluntary Retirement Program as 81 Staff Opt In

THK Co ( (JP:6481) ) has provided an update.

THK has reported the outcome of its Next Career Support Program, a voluntary retirement initiative offered to eligible non-manufacturing employees of the company and domestic group firms, excluding those involved in manufacturing operations. The program, which ran from mid-March to mid-April and included special retirement allowances and reemployment support, attracted 81 applicants out of 120 eligible employees, with retirements scheduled for May 31, 2026.

The company expects to incur about ¥700 million in costs related to the program, which will be booked as a loss in the first quarter of the fiscal year ending December 31, 2026. These expenses have already been incorporated into THK’s full-year consolidated and non-consolidated earnings forecasts, suggesting a controlled restructuring effort aimed at optimizing its workforce without altering previously communicated financial guidance.

The most recent analyst rating on (JP:6481) stock is a Sell with a Yen2800.00 price target. To see the full list of analyst forecasts on THK Co stock, see the JP:6481 Stock Forecast page.

More about THK Co

THK Co., Ltd. is a Japanese manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily known for its linear motion systems and related components used in industrial machinery and automation. The company serves a broad range of manufacturing and equipment sectors, where precision mechanical parts and motion control technologies are critical to production efficiency and performance.

Average Trading Volume: 1,155,631

Technical Sentiment Signal: Buy

Current Market Cap: Yen610.4B

Find detailed analytics on 6481 stock on TipRanks’ Stock Analysis page.