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Governance9048Nagoya Railroad Co., Ltd.Transportation and Logistics

Notice Regarding the Voluntary Return of Executive Compensation

In response to schedule changes resulting from the decision to re-examine and review the Nagoya Station District Redevelopment Plan, the Chairman, President and 2 other executives will voluntarily relinquish part of their fixed monthly compensation for 1 month.

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Direction
Deterioration
Direction inferred from the company’s description.
Scale
30
30% of fixed monthly compensation × 1 month (Representative Director and Chairman; Representative Director and President)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Changes this time

In response to schedule changes resulting from the decision to re-examine and review the Nagoya Station District Redevelopment Plan, 4 executives—the Representative Director and Chairman, Representative Director and President, Representative Director and Executive Vice President, and Senior Executive Officer—will voluntarily relinquish compensation. The Chairman and President will relinquish 30% of their fixed monthly compensation × 1 month, while the Executive Vice President and Senior Executive Officer will relinquish 20% of their fixed monthly compensation × 1 month.

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 timeIn response to schedule changes resulting from the decision to re-examine and review the Nagoya Station District Redevelopment Plan, 4 executives—the Representative Director and Chairman, Representative Director and President, Representative Director and Executive Vice President, and Senior Executive Officer—will voluntarily relinquish compensation. The Chairman and President will relinquish 30% of their fixed monthly compensation × 1 month, while the Executive Vice President and Senior Executive Officer will relinquish 20% of their fixed monthly compensation × 1 month.
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 Company has taken seriously the situation in which the schedule for the redevelopment plan has changed due to the decision to re-examine and review the Nagoya Station District Redevelopment Plan, causing concern and inconvenience to the parties concerned.

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 Voluntary Return of Executive Compensation | Nagoya Railroad Co., Ltd. (9048) timely disclosure | Komori