The Company will revise the consolidated business forecast announced on December 14, 2023, based on recent business trends as follows.
In light of these developments, we are enforcing cuts in executive pay.
🔳 Revision of the consolidated earnings forecast for the current fiscal year.
| Net sales |
Operating profit |
Ordinary Profit |
Profit attributable to owners of parent |
Net Income per Share |
|
| Previous Forecasts：A | 2,804M | 243M | 243M | 160M | ￥58.04 |
| Revised Forecasts：B | 2,580M | 135M | 142M | 90M | ￥32.21 |
| Increase or decrease：B-A | ▲224M | ▲108M | ▲101M | ▲70M | - |
| Increase or decrease（％） | ▲8.0％ | ▲44.4％ | ▲41.6％ | ▲43.5％ | - |
| Previous period results | 2,742M | 227M | 230M | 157M | ￥52.79 |
🔳 Regarding reduction of executive compensation
This matter was resolved by the Board of Directors after consulting and reporting by the Nomination and Compensation Committee.
| ・President and CEO | 30% of monthly remuneration |
| ・Director and business manager | 20% of monthly remuneration |
| ・Director and manager (2 people) | 10% of monthly remuneration |
Clice here for details (PDF)
This document is a translation of a part of the original Japanese version and provided for reference purposes only.
In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.
*****************************************************
Contact for Inquiries：
Sakae Takahashi
IR Manager & Corporate Planning Office Manager
Tel:03-6275-1130
E-mail: ir@scat.inc
***************************************************
