Komori
Governance5287ITO YOGYO CO.,LTD.Construction and Materials

Notice Regarding the Discontinuation of the Executive Retirement Benefit System

As part of a review of the executive compensation structure, the Company will abolish the retirement bonus system for directors and Audit & Supervisory Board members, subject to approval of the proposal at the General Meeting of Shareholders. A lump-sum payment is scheduled to be made for the period of service through the abolition of the system.

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Contents of this filing

Changes this time

As part of a review of the executive compensation structure, the Company resolved to abolish the retirement bonus system for directors and Audit & Supervisory Board members. A lump-sum payment is scheduled to be made for the period of service through the abolition of the system.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeAs part of a review of the executive compensation structure, the Company resolved to abolish the retirement bonus system for directors and Audit & Supervisory Board members. A lump-sum payment is scheduled to be made for the period of service through the abolition of the system.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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.

The system will be abolished as part of a review of the executive compensation structure. Because the total amount payable in the future has been recorded as a provision for executive retirement benefits, the impact on business performance is expected to be minor.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Discontinuation of the Executive Retirement Benefit System | ITO YOGYO CO.,LTD. (5287) timely disclosure | Komori