Tokyo (May 26, 2020) Konica Minolta, Inc. announced that its executives will voluntarily return part of their remuneration, considering the fact that the year-end dividend for the year ended March 31, 2020 (April 1, 2019 to March 31, 2020) (the year-end dividend) was reduced by 5 yen from the previous year. In addition, the performance-linked remuneration decided at Compensation Committee on May 25 and reported to Board of Directors today is herein disclosed.
President & CEO | 30% of fixed monthly remuneration |
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Senior Vice Presidents and Senior Executive Officers | 15% of fixed monthly remuneration |
Executive Officers | 10% of fixed monthly remuneration |
Chairman of the Board | 20% of fixed monthly remuneration |
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