Hoshizaki Corp. TSE:6465
Hoshizaki : Notice Regarding Voluntary Return of Executive Compensation
Source: MarketScreener
Translation
Note: This document has been translated from Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
To whom it may concern
August 7, 2020 | |
Company name | HOSHIZAKI CORPORATION |
Representative | Representative Director, President & COO Yasuhiro Kobayashi |
(Securities code:6465; | First Section of the Tokyo Stock Exchange and Nagoya Stock Exchange) |
Inquiries | Executive Officer, Tadashi Mizutani |
(TEL: +81-562-96-1320) |
Notice Regarding Voluntary Return of Executive Compensation
HOSHIZAKI CORPORATION announces that the Company has decided to voluntarily return part of director's remuneration. The details are as follows.
1. | Contents of compensation return | |
Chairman | : 30% reduction in monthly compensation | |
Representative Director | : 30% reduction in monthly compensation | |
Director | : 20% reduction in monthly compensation | |
Executive Officer | : 15% reduction in monthly compensation | |
Outside Director | : 10% reduction in monthly compensation | |
Audit & Supervisory Committee Member | : 10% reduction in monthly compensation | |
2. | Period of reduction |
Six months from July 2020 to December 2020