Komori
Changes in Officers9885CHARLE CO.,LTD.Trading & Wholesale

Notice Regarding the Reduction of Directors’ Compensation

The Company has decided to reduce directors’ medium- to long-term incentive compensation by 55% and the representative director and president’s position allowance by 40% from July 2026 through June 2027. The outside director who is a full-time member of the Audit and Supervisory Committee will also voluntarily waive 10% of their monthly compensation.

Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
26
Year-on-year decrease in total directors’ compensation for the next fiscal year compared with the current fiscal year’s actual results (approximately 26%)
Wording
Conditional
How definitive the wording is.

Who is moving to which position

Resolved 14 May 2026
Shareholders’ meeting approvalSubject to the formal approval of the proposal to elect 4 directors, excluding directors who are Audit and Supervisory Committee members, at the 51st Annual General Meeting of Shareholders scheduled for 23 June 2026, and the subsequent approval by the Board of Directors of the proposal to select the representative director
Reason for change

To take the results of the fiscal year ended March 2026 seriously and clarify management’s responsibility

Who is moving to which position
ItemDetails
Resolution date14 May 2026
Reason for changeTo take the results of the fiscal year ended March 2026 seriously and clarify management’s responsibility
Subject to Approval by the General Meeting of ShareholdersSubject to the formal approval of the proposal to elect 4 directors, excluding directors who are Audit and Supervisory Committee members, at the 51st Annual General Meeting of Shareholders scheduled for 23 June 2026, and the subsequent approval by the Board of Directors of the proposal to select the representative director
Items this document does not state (18)
Scheduled Appointment DateDate of departureName of appointeeAppointee's new positionAppointee's previous positionAppointee's date of birthYear the appointee joined the CompanyNumber of shares held by the appointeeName of departing officerFormer position of departing officerNew position of departing officerReason for departureWhether the incumbent will remain in officeReasons for appointmentNumber of directors after the changeFiling as an independent officerDetails of organizational changesChange in Corporate Governance Structure

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 the results of the fiscal year ended March 2026 seriously and clarify management’s responsibility. The Company stated that it will pursue business structure reform through the steady implementation of its medium-term management plan and work to restore performance and enhance corporate value.

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 Reduction of Directors’ Compensation | CHARLE CO.,LTD. (9885) timely disclosure | Komori