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Changes in Officers5202Nippon Sheet Glass Company,LimitedConstruction and Materials

Voluntary Relinquishment of Executive Officers' Compensation

The Representative Executive Officer, President and CEO, CHRO and CFO will voluntarily relinquish part of their monthly base compensation for a certain period. The relinquishment rates are 50% for the CEO, 30% for the CHRO and 20% for the CFO.

Worth reading
24Immaterial
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Direction
Deterioration
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Wording
Definitive
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Who is moving to which position

Who is moving to which position
ItemDetails
Items this document does not state (21)
Resolution dateScheduled 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

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The reasons the company gives

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To demonstrate the Group's commitment to implementing fundamental measures to all stakeholders, including shareholders.

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Voluntary Relinquishment of Executive Officers' Compensation | Nippon Sheet Glass Company,Limited (5202) timely disclosure | Komori