TSE is currently working hard to formulate measures to prevent a reoccurrence. We are taking this situation very seriously, and in order to clearly demonstrate upper management's acceptance of responsibility, we are today imposing disciplinary actions as outlined below.
1. Reduction of Executive Remuneration (beginning from November pay)
| President & CEO | Takuo Tsurushima | 50% Reduction of Monthly Pay for 6 months |
| Senior Managing Director & CFO | Sadao Yoshino | 30% Reduction of Monthly Pay for 6 months |
| Managing Director & Executive Officer | Yasuo Tobiyama | 20% Reduction of Monthly Pay for 6 months |
| Managing Director & Executive Officer | Eisuke Nagatomo | 10% Reduction of Monthly Pay for 3 months |
| Managing Director & Executive Officer | Tomio Amano | 30% Reduction of Monthly Pay for 6 months |
| Executive Officer | Toshitsugu Shimizu | 10% Reduction of Monthly Pay for 3 months |
| Executive Officer | Tomoyoshi Uranishi | 10% Reduction of Monthly Pay for 3 months |
| Executive Officer & CRO | Hiroyuki Iwakuma | 10% Reduction of Monthly Pay for 3 months |
| Executive Officer | Hironaga Miyama | 10% Reduction of Monthly Pay for 3 months |
2. Strict Censure
Strict censure will be given to Managing Director & Executive Officer Tomio Amano and System Developments for Trading Division Director Hiroshi Sato.
In addition, at his own request, Chairman of the Board Taizo Nishimuro will voluntarily forgo 50% of his monthly salary for 6 months.
The executives and staff of the TSE are committed to devoting their full efforts towards prevention of a reoccurrence and for stable system operation in the future. We ask for your kind understanding in this matter.
