SHIMA SEIKI MFG.,LTD. [6222.T]

TOKYO, May 08 (Pulse News Wire) – Shima Seiki Mfg.,ltd. (6222.T) announced today that its board of directors has decided to continue reducing director salaries due to the anticipated failure to meet targets outlined in its mid-term business plan.

The company previously initiated salary cuts in October 2024 and plans to extend this policy through September 2026. Their reductions are detailed below: - Audit Committee Member Director: Monthly salary returned by 15% (previously returned by 10%) This latest decision reflects the company's commitment to aligning executive compensation with performance outcomes.

The revised salary adjustments will take effect from April 2026 until September 2026.

Original Disclosure (PDF)

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