TOKYO, May 14 (Pulse News Wire) – Change Holdings,inc. (3962.T) announced today that its board of directors has decided to reduce executive compensation following significant underperformance against initial projections for the fiscal year ending March 2026.
The decision was made during a meeting held earlier today and approved by a majority independent external director-led remuneration advisory committee. The reduction includes: - The monthly salary of President and CEO Fukuiri Daishi will be reduced to zero. - The monthly salary of Deputy President will be reduced to zero.
- The monthly salary of CFO Yamada Hiroshi will be reduced to zero. The cuts will take effect from May 2026 through June 2026, covering a two-month period. Additionally, the company has revised its medium-term management plan (DJ3), pushing back the achievement targets from the originally planned March 2028 to March 2030.
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