TOKYO, Jun 05 (Pulse News Wire) – Saxa,inc. (6675.T) announced today that certain executives will return part of their annual fixed remuneration voluntarily, effective June 2026.
Additionally, the company and its subsidiary Sakusatekuno Kabushiki Kaisha will revise their executive compensation structures, reducing total compensation levels. Furthermore, no bonuses will be paid to executives for the fiscal year ending March 2026. The decision follows a review of the company's mid-term business plan 'From Transformation to Growth' for the period. Key factors leading to this adjustment include insufficient enhancement of competitive strength in manufacturing despite expanding service offerings, and limited tangible results from digital transformation initiatives.
CEO Masatomo Saeki and Executive Director Satoshi Saeki have agreed to return their monthly fixed salaries for 2025, equivalent to one month’s worth of compensation. The revised compensation structure will take effect from June 2026 onwards, with reductions ranging from 15% to 10%. In addition, Saxa,inc. and Sakusatekuno Kabushiki Kaisha have decided not to distribute bonuses for the fiscal year ending March 2026.
This move underscores the company's commitment to restructuring and aligning its operations more closely with strategic objectives.
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