Komori
Changes in Officers3962CHANGE Holdings,Inc.Information and Communications, Services and Others

Notice Concerning a Reduction in Executive Compensation

It was resolved that the monthly compensation of the Representative Director and Executive Officer, President; the Director and Executive Officer, Executive Vice President; and the Director and Executive Officer, CFO will be reduced in full, with no compensation paid, for the two-month period from May through June 2026.

Worth reading
28Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
100
Reduction rate of monthly compensation (%)
Wording
Definitive
How definitive the wording is.

Who is moving to which position

Resolved 14 May 2026
Who is moving to which position
ItemDetails
Resolution date14 May 2026
Items this document does not state (20)
Scheduled Appointment DateDate of departureName of appointeeAppointee's new positionAppointee's previous positionAppointee's date of birthYear the appointee joined the CompanyNumber of shares held by the appointeeName of departing officerFormer position of departing officerNew position of departing officerReason for departureWhether the incumbent will remain in officeReason for changeReasons for appointmentNumber of directors after the changeFiling as an independent officerDetails of organizational changesChange in Corporate Governance StructureSubject to Approval by the General Meeting of Shareholders

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.

This decision was made to clearly establish management accountability, based on a sincere acceptance of the fact that performance for the fiscal year ended March 2026 fell significantly below the initial forecast and that the achievement date for the numerical targets in the medium-term management plan will be pushed back by two fiscal years, from the fiscal year ending March 2028 to the fiscal year ending March 2030.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning a Reduction in Executive Compensation | CHANGE Holdings,Inc. (3962) timely disclosure | Komori