{"id":43358,"date":"2026-04-28T14:23:27","date_gmt":"2026-04-28T05:23:27","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8014-20260428-05_wp_executive_change\/"},"modified":"2026-04-28T14:23:27","modified_gmt":"2026-04-28T05:23:27","slug":"8014-20260428-05_wp_executive_change","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8014\/ir\/8014-20260428-05_wp_executive_change\/","title":{"rendered":"Notice Regarding Revision of Executive Compensation System"},"content":{"rendered":"<p>Chori Co., Ltd. resolved at the Board of Directors meeting held on April 28, 2026, to revise the executive compensation system, deciding on changes to compensation composition ratios and a review of evaluation indicators.<\/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 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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":"8014","jir_company_name":"Chori Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8014-20260428-05.pdf","jir_short_summary":"Chori Co., Ltd. resolved at the Board of Directors meeting held on April 28, 2026, to revise the executive compensation system, deciding on changes to compensation composition ratios and a review of evaluation indicators.","jir_summary":"### Overview of Revision to Executive Compensation System\nChori Co., Ltd. resolved at the Board of Directors meeting on April 28, 2026, to revise the executive compensation system. The compensation composition ratios were changed to 45% base salary, 35% bonus, and 20% stock grant trust, aiming to strengthen incentives for sustainable corporate value enhancement. The bonus evaluation indicator was changed from pre-tax net income to operating income, and the stock grant trust evaluation indicators were newly set as ROE, relative TSR, employee engagement, and female manager ratio.\n\n### Enhancement of Transparency in Compensation Determination and Operational Policy\nThe process for determining individual compensation is clarified, and the specific amounts and details of all compensation including bonuses are decided by the Board of Directors. Fixed compensation is paid monthly, performance-linked compensation is paid based on operating income results, and stock grant trusts are linked to achievement levels of the medium-term management plan. Compensation for outside directors consists only of fixed compensation, emphasizing their roles and independence.","jir_financial_highlights":"Compensation Ratio (Base Salary : Bonus : Stock Grant Trust): Before Change 45:45:10 \u2192 After Change 45:35:20 (Increased ratio of stock grant trust)\nBonus Evaluation Indicator: Before Change Pre-tax Net Income \u2192 After Change Operating Income (Changed evaluation indicator to operating income)\nStock Grant Trust Evaluation Indicators: Before Change Cumulative Pre-tax Net Income \u2192 After Change ROE, Relative TSR, Employee Engagement, Female Manager Ratio (Diversified evaluation indicators)","jir_category":"","jir_hashtags":"#ChoriCoLtd, #ExecutiveCompensationRevision, #IR","jir_key_figures":"Change in Compensation Ratio: Base Salary 45%, Bonus 35%, Stock Grant Trust 20%\nChange in Bonus Evaluation Indicator: Pre-tax Net Income \u2192 Operating Income\nAddition of Stock Grant Trust Evaluation Indicators: ROE, Relative TSR, Employee Engagement, Female Manager Ratio","jir_meta_title":"[Chori] Revision of Executive Compensation System | Review of Compensation Composition and Evaluation Indicators | April 2026","jir_meta_description":"Chori Co., Ltd. revised the executive compensation system in April 2026, implementing changes to compensation composition ratios and evaluation indicators to enhance long-term corporate value.","jir_og_title":"[Chori] Executive Compensation System Revision | Review of Compensation Composition and Evaluation Indicators","jir_og_description":"Chori Co., Ltd. has revised its executive compensation system by changing compensation ratios and evaluation indicators to promote sustainable corporate value growth.","jir_og_image_url":"\/assets\/og\/company-executive_change.jpg","jir_chart_data_collection":"[]","ir_related_company":9578,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-43358","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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