IR Japan : Announcement of Reduction of Director Compensation
March 30, 2022 at 05:16 am EDT
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March 30, 2022
For Immediate Release
Company name:
IR Japan Holdings, Ltd.
Representative:
Shirou Terashita,
President and Chief Executive Officer
Contact:
Atsuko Furuta,
General Manager, Corporate Planning Department
(Securities code: 6035)
(Tel: +81-3-3519-6750)
Announcement of Reduction of Director Compensation
As detailed in the "Announcement of Revision of Results Forecast," dated March 30, 2022, IR Japan Holdings, Ltd. (the "Company") has duly noted the downward revision of its consolidated results forecast for the fiscal year ending March 31, 2022, and in order to clarify its management responsibility, while taking into consideration the deliberations of the Nomination and Compensation Advisory Committee, the Board of Directors resolved, at a meeting held today, to reduce the amount of compensation of directors of the Company and its consolidated subsidiaries as follows:
1. Subjects and details of reductions in director compensation
(1) The Company
President and Chief Executive Officer: 20% of monthly base compensation
Executive Directors (excluding Outside Directors): 15% of monthly base compensation
(2) Consolidated subsidiaries (IR Japan, Inc. and Japan Originated Investment Bank, Inc.)
President and Chief Executive Officer: 20% of monthly base compensation
Executive Directors (excluding Outside Directors): 15% of monthly base compensation
2. Period of reduction
From April 2022 through March 2023 (one year)
End of release
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IR Japan Holdings Ltd. published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 09:14:02 UTC.
IR Japan Holdings, Ltd. is a Japan-based company mainly engaged in the consulting of investor relations (IR) and shareholder relations (SR) business. The Company provides three services. IR and SR Consulting service is involved in the provision of real shareholder investigation, voting rights simulation, proxy advisory, investment banking business, securities agency business, among others. Disclosure consulting service is involved in the provision of tool consulting to support planning and creation of various information disclosure materials, as well as the provision of legal documentation service to create various English disclosure documents and English translation of Japanese materials. Database and other service is involved in the provision of IR activity comprehensive support system named IR-Pro, the analyst network and others on the Website, as well as the provision of questionnaire service for individual shareholders named Kabunushi Hiroba.
IR JAPAN HOLDINGS, LTD. 
