Twinbird Extends Executive Pay Cut Amid Structural Reform Efforts

TOKYO, Jul 13 (Pulse News Wire) – Twinbird Corporation (6897.T) announced the continuation of executive salary reductions as part of ongoing structural reforms aimed at achieving profitability. The measures, initially implemented in April 2026, will now extend until May 2027 to enhance accountability and align executives' efforts towards meeting performance goals.

In light of the significant challenges ahead, particularly for the fiscal year ending February 2027, which is crucial for transitioning to a profit-focused business model, the company decided to prolong the reduction period. This move underscores management's commitment to fostering a more focused and accountable environment among directors.

Under the revised plan, the monthly compensation of the president and CEO, Norimasa Nomizu, will be reduced by 50%. Other board members, excluding external directors and audit committee members, will experience cuts ranging from 30% to ５% per month.

The extended period runs from June 2026 through May 2027, reinforcing the company’s dedication to restructuring and improving operational efficiency.