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Felissimo (3396) · InitiativeFirst stated

Reduction in executive compensation in response to weak performance

First written in FY2019. . Latest entry: FY2019.

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  1. FY2019First statedAnnual report

    「In response to weak performance and to clarify management responsibility, compensation was reduced as follows from March 2018 through February 2019. ・Representative Director and President: 20% reduction in monthly compensation　・Directors, excluding Audit and Supervisory Committee Members: 10% reduction in monthly compensation」

    The Company disclosed that monthly compensation for the Representative Director and President and executive directors was reduced from March 2018 through February 2019 in response to weak performance.
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Reduction in executive compensation in response to weak performance | FELISSIMO CORPORATION (3396) | Komori