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Park24 (4666) · InitiativeFirst stated

Reduction in Directors’ Compensation for Errors in UK Operating Results

First written in FY2025. . Latest entry: FY2025.

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Reduction in executive remuneration for past disclosure errorsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2025First statedAnnual report

    「To clarify management responsibility for a matter involving material errors in the historical number of Times Parking locations and parking spaces operated in the UK at the consolidated subsidiary NATIONAL CAR PARKS LIMITED, the Company reduced the compensation of 3 directors as set out below from August through October 2025.」

    To clarify management responsibility for errors in prior-year disclosures, the Company reduced the monthly base compensation of 2 relevant directors by 30% and that of another director by 10% from August through October 2025.
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Reduction in Directors’ Compensation for Errors in UK Operating Results | PARK24 Co.,Ltd. (4666) | Komori