Oomitsu Reduces Executive Compensation Following Revisions to Performance Forecasts

TOKYO, Jul 14 (Pulse News Wire) – Oomitsu CO.,LTD. (3160.T) announced today that it has reduced executive compensation following revisions to performance forecasts made on July 6, 2026.

At a board meeting held on July 14, 2026, the company decided to decrease monthly remuneration for the president and CEO, Kimura Takeshi, to 10% (from August 2026 to December 2026). Additionally, monthly salaries for other executive officers were cut to 10% for six months and 10% for three months, effective from August 2026.

The management team remains committed to restoring performance and driving future growth. They requested continued support from shareholders moving forward.