RESULTS OF EMPLOYEE SURVEYS IN RELATION TO REVISION OF SECONDMENT PROGRAM
Feb. 22, 2008
NTT DATA Corporation
NTT DATA Corporation ("NTT DATA") conducted employee surveys concerning the revision of its secondment program announced on November 27, 2007. The results of the surveys are as described below.
- Transfers to NTT DATA Group Companies
- Applicable Persons: (a) Employees seconded without a fixed secondment term and (b) employees seconded with a fixed secondment term whose period of secondment will exceed three years as of March 31, 2008 (except those fulfilling certain requirements set by the company): Approx. 2,160 persons (excluding the Outplacement Support Program applicants)
- Date of Implementation: April 1, 2008
- Those Choosing to Transfer: Approx. 2,010 persons
- Outplacement Support Program
- Applicable Persons: NTT DATA employees below managerial level who have been working for the company for over 10 consecutive years and are between the age of 50 and 59 (inclusive) as of March 31, 2008: Approx. 1,850 persons
- Retirement Date: March 31, 2008 (Employees may choose to take a leave of absence for a maximum of one year prior to retirement.)
- Those Applying for the Program: Approx. 300 persons
- Estimated Impact on Financial Affairs
The single sum payments arising from this program for the fiscal year ending March 31, 2008 are estimated to be around 37 billion yen on a consolidated basis (around 36 billion yen on a non-consolidated basis). The decrease in expenses with the disbursement of the single sum payments from next fiscal year on a consolidated basis is expected to be about 9 billion yen in the fiscal year ending March 31, 2009 and about 8 billion yen in the fiscal year ending March 31, 2010.
NTT DATA is currently making detailed calculations of the full-year earnings forecast for the fiscal year ending March 31, 2008. Such results will be announced in a separate announcement.
For more information, please contact:
- Public Relations Department
- NTT DATA Corporation
Tel: +81-3-5546-8051
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