Komori
Governance7434OTAKE CORPORATIONTrading & Wholesale

Notice Regarding the Reduction of Executive Compensation

The company decided to reduce the monthly compensation of 6 executives, including the representative directors, for a specified period in response to transactions highly likely to constitute an unreasonable restraint of trade, accounting issues and delays in earnings disclosure. In addition, employees directly involved in the matter were disciplined in accordance with the company's internal regulations.

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Contents of this filing

Changes this time

The company decided to reduce executive compensation. For a total of 6 people, comprising the Representative Director and President, the Chairman of the Board, a Director, a Director serving as an Audit & Supervisory Committee Member and an Outside Director serving as an Audit & Supervisory Committee Member, monthly compensation will be reduced for a specified period beginning in October 2026.

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 timeThe company decided to reduce executive compensation. For a total of 6 people, comprising the Representative Director and President, the Chairman of the Board, a Director, a Director serving as an Audit & Supervisory Committee Member and an Outside Director serving as an Audit & Supervisory Committee Member, monthly compensation will be reduced for a specified period beginning in October 2026.
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.

To take seriously the transactions identified by the Special Investigation Committee as highly likely to constitute an unreasonable restraint of trade under the Antimonopoly Act, the accounting issues concerning revenue recognition standards, the resulting delay in earnings disclosure and the application to extend the filing deadline for the Annual Securities Report, and to clarify management responsibility.

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Notice Regarding the Reduction of Executive Compensation | OTAKE CORPORATION (7434) timely disclosure | Komori