{"id":138840,"date":"2026-10-30T19:46:08","date_gmt":"2026-10-30T10:46:08","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2700-20261030-02_wp_executive_change\/"},"modified":"2026-10-30T19:46:08","modified_gmt":"2026-10-30T10:46:08","slug":"2700-20261030-02_wp_executive_change","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/","title":{"rendered":"Notice of Voluntary Reduction of Part of Directors&#8217; Remuneration"},"content":{"rendered":"<p>In light of a downward revision to the full-year earnings forecast for the fiscal year ending December 2026, the monthly remuneration of the Representative Director and President and the Chairman of the Board will be voluntarily reduced by 20%, and other directors (excluding outside directors) will voluntarily reduce their monthly remuneration by 10%. The period is three months from November 2026 through January 2027. The total amount including remuneration for executive officers is subject to the reduction. No performance-linked compensation will be paid.<\/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":"2700","jir_company_name":"Kitoku Shinryo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2700-20261030-02.pdf","jir_short_summary":"In light of a downward revision to the full-year earnings forecast for the fiscal year ending December 2026, the monthly remuneration of the Representative Director and President and the Chairman of the Board will be voluntarily reduced by 20%, and other directors (excluding outside directors) will voluntarily reduce their monthly remuneration by 10%. The period is three months from November 2026 through January 2027. The total amount including remuneration for executive officers is subject to the reduction. No performance-linked compensation will be paid.","jir_summary":"### Key Points\nThe monthly remuneration of the Representative Director and President and the Chairman of the Board will be reduced by 20%, and the monthly remuneration of other directors (excluding outside directors) will be reduced by 10% on a voluntary basis. The period is three months from November 2026 through January 2027. This measure is intended to clarify management responsibility and demonstrate efforts toward earnings recovery in light of the downward revision to the earnings forecast.\n\n### Impact and Outlook\nThis voluntary reduction aims to clarify management responsibility and prevent recurrence, but the specific financial impact is unknown. No performance-linked compensation will be paid. Attention will focus on future earnings recovery, and on any additional cost-cutting measures or changes in capital policy.","jir_financial_highlights":"Details of Voluntary Reduction: Representative Director and President, Chairman of the Board: 20% of monthly remuneration; Other directors: 10% of monthly remuneration (Unknown)\nPeriod: 3 months from November 2026 through January 2027 (Unknown)\nPerformance-linked Compensation: None (Unknown)","jir_category":"","jir_hashtags":"#KitokuShinryo, #NoShareBuyback_NoExecutivePersonnelChanges(InformationNotApplicable)","jir_key_figures":"Details of Voluntary Reduction: Representative Director and President, Chairman of the Board monthly remuneration 20%, Other directors monthly remuneration 10%\nVoluntary Reduction Period: 3 months from November 2026 to January 2027\nPerformance-linked Compensation: None","jir_meta_title":"Kitoku Shinryo Co., Ltd. Announces Voluntary Reduction of Directors' Remuneration\uff5cNovember 2026 Period","jir_meta_description":"Kitoku Shinryo Co., Ltd. announces a voluntary reduction in part of directors' remuneration: Representative Director and President and Chairman will reduce monthly pay by 20%, other directors by 10% for the period November 2026 to January 2027, aimed at clarifying management responsibility following a downward revision to earnings forecasts.","jir_og_title":"Kitoku Shinryo Co., Ltd. Announces Voluntary Reduction of Directors' Remuneration\uff5cNovember 2026 Period","jir_og_description":"Partial voluntary reduction of directors' remuneration for three months, signaling clarification of management responsibility and efforts toward earnings recovery amid deteriorating performance.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57793,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-138840","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Voluntary Reduction of Part of Directors&#039; Remuneration - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/\",\"name\":\"Notice of Voluntary Reduction of Part of Directors' Remuneration - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-10-30T10:46:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2700\/ir\/2700-20261030-02_wp_executive_change\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice of Voluntary Reduction of Part of Directors&#8217; 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