More than 3,000 Toshiba Japan Group employees apply for early retirement

According to relevant sources, as one of Toshiba's measures to rationalize its operations, more than 3,000 employees of its Japanese group have applied for early retirement, accounting for 5% of Toshiba's total Japanese employees. The move aims to streamline management and allow Toshiba to invest more operating resources in sectors with growth potential such as infrastructure and power transmission and distribution, thereby expanding profits. It is expected that the related costs will be recorded in the consolidated financial results for the fiscal year ending March 2025.