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Governance6222SHIMA SEIKI MFG.,LTD.Machinery

Notice Regarding the Continuation of Directors’ Compensation Reductions

In light of the outlook that the medium-term management plan will not be achieved, reductions in compensation for directors and executive officers will continue from April through September 2026. For certain positions, including the Representative Director, President and Executive Officer, the reduction rates will be increased from the previous rates.

Worth reading
80Important
Scored from 1 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
40
Reduction rate as a percentage of monthly compensation (Representative Director, President and Executive Officer; current)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Changes this time

The reduction in executive compensation will continue from April 2026 through September 2026. The reduction rate for the Representative Director, President and Executive Officer will increase from 30% previously to 40% currently; for Directors and Managing Executive Officers, from 20% to 25%; for Managing Executive Officers, from 15% to 20%; and for Executive Officers, from 10% to 15%. The voluntary reduction rate for Directors serving as Audit and Supervisory Committee Members will increase from 10% to 15%.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Changes this timeThe reduction in executive compensation will continue from April 2026 through September 2026. The reduction rate for the Representative Director, President and Executive Officer will increase from 30% previously to 40% currently; for Directors and Managing Executive Officers, from 20% to 25%; for Managing Executive Officers, from 15% to 20%; and for Executive Officers, from 10% to 15%. The voluntary reduction rate for Directors serving as Audit and Supervisory Committee Members will increase from 10% to 15%.
Items this document does not state (6)
Number 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.

Because the company has taken seriously the outlook that the medium-term management plan will not be achieved.

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 Regarding the Continuation of Directors’ Compensation Reductions | SHIMA SEIKI MFG.,LTD. (6222) timely disclosure | Komori