Following an investigation into suspected violations of the Anti-Monopoly Act, a 50% reduction in monthly remuneration for the Representative Director Chairman & President and Executive Managing Director has been imposed for three months, effective from February 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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":"9632","jir_company_name":"Subaru Kogyo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9632-20260129-01.pdf","jir_short_summary":"Following an investigation into suspected violations of the Anti-Monopoly Act, a 50% reduction in monthly remuneration for the Representative Director Chairman & President and Executive Managing Director has been imposed for three months, effective from February 2026.","jir_summary":"### Overview of Disciplinary Action Against Executives\nSubaru Kogyo Co., Ltd. has recorded a special loss of 937 million yen as a potential future loss associated with a suspected violation of the Anti-Monopoly Act following an on-site inspection by the Japan Fair Trade Commission on September 30, 2025. The investigation is ongoing and facts and legal responsibilities have not been determined. However, to clarify management responsibility, it was resolved to implement a 50% reduction of monthly remuneration for a period of three months starting February 2026 for three individuals: Representative Director Chairman Kenji Kobayashi, Representative Director President Izumi Nagata, and Executive Managing Director Hiroyuki Imazawa.\n\n### Impact on Shareholders and Stakeholders and Future Response\nThe company apologizes for causing significant concern and inconvenience to shareholders, business partners, and other stakeholders. The investigation by the Japan Fair Trade Commission and an internal third-party investigation are ongoing, and appropriate actions will be taken based on future investigation outcomes. The disciplinary action against executives aims to clarify management accountability and is positioned as contributing to the strengthening of corporate governance.","jir_financial_highlights":"Loss Related to Anti-Monopoly Act: 937 million yen (Unknown)\nRemuneration Reduction Rate: 50% reduction of monthly remuneration (3 months) (New disciplinary action)\nTiming of Disciplinary Action: From February 2026 (Unknown)","jir_category":"","jir_hashtags":"#SubaruKogyo, #ExecutiveDisciplinaryAction, #AntiMonopolyAct, #IR","jir_key_figures":"Loss Related to Anti-Monopoly Act: 937 million yen (recorded as special loss)\nRemuneration Reduction Rate: 50% reduction of monthly remuneration (for 3 months)\nTiming of Disciplinary Action: From February 2026","jir_meta_title":"Subaru Kogyo Decides on 50% Remuneration Reduction for Executives Over Suspected Anti-Monopoly Act Violation","jir_meta_description":"Subaru Kogyo Co., Ltd. will implement a 50% reduction in remuneration for three months for the Representative Director Chairman & President and Executive Managing Director starting February 2026, following an investigation into suspected violations of the Anti-Monopoly Act.","jir_og_title":"Subaru Kogyo Announces Executive Remuneration Reduction","jir_og_description":"Following an investigation into suspected violations of the Anti-Monopoly Act, the company decided on a 50% remuneration reduction for three executives for three months.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17614,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-21964","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n