Nippon Sheet Glass Co., Ltd. announced that President and CEO Munekazu Hosonuma will voluntarily forfeit 50% of his monthly base salary from April to September 2026. CHRO Denise Heyler and CFO Hiroshi Aiura will also forfeit 30% and 20% of their monthly base salaries respectively for three 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,"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":"5202","jir_company_name":"Nippon Sheet Glass Co., Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5202-20260324-03.pdf","jir_short_summary":"Nippon Sheet Glass Co., Ltd. announced that President and CEO Munekazu Hosonuma will voluntarily forfeit 50% of his monthly base salary from April to September 2026. CHRO Denise Heyler and CFO Hiroshi Aiura will also forfeit 30% and 20% of their monthly base salaries respectively for three months.","jir_summary":"### Overview of Voluntary Forfeiture of Executive Compensation\nIn line with the implementation of fundamental group initiatives, Nippon Sheet Glass Co., Ltd. has decided to voluntarily forfeit executive compensation to demonstrate its commitment to shareholders and stakeholders. The individuals concerned are President and CEO Munekazu Hosonuma, Executive Managing Director CHRO Denise Heyler, and Executive Managing Director CFO Hiroshi Aiura. The forfeiture rates are set at 50% of the CEO's monthly base salary for six months, 30% for the CHRO for three months, and 20% for the CFO for three months.\n\n### Impact on Investors and Future Outlook\nWhile the direct financial impact of this voluntary forfeiture is uncertain, it is regarded as a significant measure demonstrating the management's sense of responsibility and approach to governance. It underscores a strong commitment to enhancing corporate value for shareholders and other stakeholders, and attention will focus on future management improvements and progress of initiatives.","jir_financial_highlights":"President & CEO Compensation Forfeiture Rate: 50% of monthly base salary (For 6 months from April to September 2026)\nCHRO Compensation Forfeiture Rate: 30% of monthly base salary (For 3 months from April to June 2026)\nCFO Compensation Forfeiture Rate: 20% of monthly base salary (For 3 months from April to June 2026)","jir_category":"","jir_hashtags":"#NipponSheetGlassCoLtd, #GeneralIR, #VoluntaryCompensationForfeiture","jir_key_figures":"President & CEO Compensation Forfeiture Rate: 50% of monthly base salary (Apr 2026 - Sep 2026, 6 months)\nCHRO Compensation Forfeiture Rate: 30% of monthly base salary (Apr 2026 - Jun 2026, 3 months)\nCFO Compensation Forfeiture Rate: 20% of monthly base salary (Apr 2026 - Jun 2026, 3 months)","jir_meta_title":"Nippon Sheet Glass Co., Ltd. Announces Voluntary Executive Compensation Forfeiture (April - September 2026)","jir_meta_description":"Nippon Sheet Glass Co., Ltd. announced that three executives including the President and CEO will voluntarily forfeit a portion of their compensation starting April 2026. This is an important measure to demonstrate responsibility to shareholders and stakeholders.","jir_og_title":"Nippon Sheet Glass Announces Voluntary Executive Compensation Forfeiture","jir_og_description":"Nippon Sheet Glass Co., Ltd. announces that three executives will forfeit part of their compensation starting April 2026, highlighting management responsibility.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17128,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-35862","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n