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Matsuo Electric (6969) · InitiativeFirst stated

Voluntary Forfeiture of Executive Compensation Following Failure to Achieve Medium-Term Management Plan Targets

First written in FY2020. . Latest entry: FY2020.

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Executive Compensation Policy and Design Combining Fixed and Share-Based CompensationA theme 89 companies write about · 12 as a headwind · 56 as a tailwind

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  1. FY2020First statedAnnual report

    「In consideration of their responsibility for failing to achieve the medium-term management plan, the Company's representative director and president and managing director will voluntarily return 50% and 40%, respectively, of their monthly base compensation for 3 months.」

    The representative director and president and the managing director will voluntarily return part of their compensation for 3 months in response to failure to achieve the numerical targets of the medium-term management plan.
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Voluntary Forfeiture of Executive Compensation Following Failure to Achieve Medium-Term Management Plan Targets | MATSUO ELECTRIC CO.,LTD. (6969) | Komori