Governance structure
The reduction in executive compensation will continue for 6 months from July 2026. Monthly compensation will be reduced by 30% for directors other than the representative director and president and outside directors, and by 20% for auditors other than outside corporate auditors. In addition, following a request from the standing corporate auditors to cooperate in reducing expenses, it was decided to continue reducing auditor compensation.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Advisory Committee (outside members account for at least half of the committee) |
| Changes this time | The reduction in executive compensation will continue for 6 months from July 2026. Monthly compensation will be reduced by 30% for directors other than the representative director and president and outside directors, and by 20% for auditors other than outside corporate auditors. In addition, following a request from the standing corporate auditors to cooperate in reducing expenses, it was decided to continue reducing auditor compensation. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To take the results for the fiscal year ended March 2026 seriously, clarify management responsibility, and demonstrate the directors' leadership in cutting expenses in order to return to profitability at an early date.