Announcement of voluntary reduction of executive compensation. Representative Director and President Junichi Yamazaki will resign effective 2026-10-31; reductions will begin in October 2026. Reduction rates are set by position at 80%, 30%, 20%, 10%, etc., for periods up to two months.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9173","jir_company_name":"Tokai Kisen Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9173-20261005-02.pdf","jir_short_summary":"Announcement of voluntary reduction of executive compensation. Representative Director and President Junichi Yamazaki will resign effective 2026-10-31; reductions will begin in October 2026. Reduction rates are set by position at 80%, 30%, 20%, 10%, etc., for periods up to two months.","jir_summary":"### Overview\nThis announcement states that, in light of an administrative disposition by the Kanto Transport Bureau of the Ministry of Land, Infrastructure, Transport and Tourism, the company has decided on a voluntary reduction of executive compensation to clarify management responsibility. Representative Director and President Junichi Yamazaki will resign effective 2026-10-31, and reductions will begin in October 2026. Reduction rates are set by position, with up to 80% of monthly compensation subject to reduction.\n\n### Impact and Future\nThe voluntary reduction of executive compensation is part of efforts to strengthen corporate governance and may lead to reviews of the future management structure and internal controls. Attention will focus on successor arrangements and actions by the executive team following the resignation date.","jir_financial_highlights":"Monthly Compensation Reduction Rates: Representative Director and President 80%, Senior Managing Director 30%, Director 20%, Full-time Auditor 10%, Outside Director 10%, Auditor 10% (Unknown)\nEffective Start Date: October 2026 (Unknown)\nResignation Date: 2026-10-31 (Unknown)","jir_category":"","jir_hashtags":"#TokaiKisen, #ExecutivePersonnel","jir_key_figures":"Junichi Yamazaki Representative Director and President: 80% of monthly compensation to be returned\nYoshinori Kurasaki Senior Managing Director: 30% of monthly compensation to be returned\nKeisuke Takesaki Director: 20% of monthly compensation to be returned\nOsamu Fujima Full-time Auditor: 10% of monthly compensation to be returned\nHiroyuki Nozaki Full-time Auditor: 10% of monthly compensation to be returned\nEiichi Wakabayashi Outside Director: 10% of monthly compensation to be returned\nKazuhide Sakurai Outside Director: 10% of monthly compensation to be returned\nHideo Numai Outside Director: 10% of monthly compensation to be returned\nHideto Udagawa Full-time Auditor: 10% of monthly compensation to be returned\nResignation Date: 2026-10-31","jir_meta_title":"Tokai Kisen Co., Ltd. \u2014 Notice of Voluntary Executive Compensation Reduction and Resignation | October 2026","jir_meta_description":"Tokai Kisen Co., Ltd. announces voluntary reductions in executive compensation, including the resignation date of the representative director and the reduction rates. Key details and implications for future management structure are summarized.","jir_og_title":"Tokai Kisen Co., Ltd. \u2014 Notice of Voluntary Executive Compensation Reduction and Resignation","jir_og_description":"Summary of the resignation of the Representative Director and President and details of voluntary executive compensation reductions. Watch for developments in the company\u2019s management structure.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59493,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-127558","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n