Conclusion of 2023 Spring Labor-Management Negotiations

The following agreement has been reached with the Ebara Labor Union regarding monthly wages and lump-sum payments for fiscal year 2022.

We will begin labor-management discussions on creating a system for implementing sustainable wage revisions while reflecting external factors such as recent price increases and public standards.

Based on the formula for calculating performance-linked bonus funds agreed upon by labor and management, the company will pay a flat bonus of 7.5 months plus 260,000 yen for the summer and winter of 2022. In addition, in consideration of recent price increases and ongoing COVID-19 countermeasures, an additional 20,000 yen will be paid to each person.

EBARA Group aims to achieve the Sustainable Development Goals (SDGs) and further enhance its corporate value by addressing key ESG issues based on its long-term vision and medium-term management plan.