Overview

• The program applies to staff aged 40–59 with over five years of service and to rehired retirees up to 64.
• Severance enhancements peak around age 55, offering recipients up to several tens of millions of yen above standard retirement pay.
• Rehired retirees are eligible for a lump sum equivalent to as much as two years of their standard wages.
• Participants can access external reemployment services and take up to three months’ leave to conduct job searches.
• This initiative forms part of Panasonic HD’s plan to cut 10,000 positions this fiscal year ahead of its split into three business companies in April 2026.