GMO internet, Inc.
Notice Regarding Reduction of Executive Compensation
Following an unauthorized access incident by a third party that affected customers and others, the Board resolved to reduce the compensation of four executives including the Chairman, effective from the December payment. Reduction rates are: Chairman 30%, President & CEO 25%, Executive Vice President 20%, Senior Managing Executive Officer 20%.
Key Figures
- Executives subject to compensation reduction: 4 people
- Reduction period: Effective from the December 2026 payment
- Reduction rates: 30% × 3 months, 25% × 3 months, 20% × 3 months, 20% × 3 months
AI要約
Background and Decision
In response to the impact on customers and the incident, the Board resolved to reduce executive compensation. The subjects are Masatoshi Kumagai (Chairman of the Board — currently no compensation from GMO internet, Inc.), Tadashi Ito, Hiroshi Yamashita, and Kimihiro Kodama — a total of four people. The reductions will be applied to monthly compensation payments starting with the December payment.
Future Response and Disclosure Background
The company will investigate the circumstances of this matter and re-evaluate management responsibility. The incident is cited as the reason for the reductions, and additional measures may be taken depending on the investigation results. Future disclosures will be made based on the results of the verification.
GMO internet, Inc.
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