1. Clarification of responsibility concerning turmoil caused by system irregularity
a. Resignation of board directors etc.
(Resignation date is December 20, 2005 and reduction of remuneration
will begin from January 2006 pay)
President & CEO | Takuo Tsurushima | Resignation |
Senior Managing Director & CFO | Sadao Yoshino | Resignation |
Managing Director & Executive Officer | Yasuo Tobiyama | 10% Reduction of Monthly salary for 3 months |
Managing Director & Executive Officer | Eisuke Nagatomo | 10% Reduction of Monthly salary for 3 months |
Managing Director & Executive Officer | Tomio Amano | Resignation |
Executive Officer | Toshitsugu Shimizu | 10% Reduction of Monthly salary for 3 months |
Executive Officer | Tomoyoshi Uranishi | 10% Reduction of Monthly salary for 3 months |
Executive Officer & CRO | Hiroyuki Iwakuma | 10% Reduction of Monthly salary for 3 months |
Executive Officer | Hironaga Miyama | 10% Reduction of Monthly salary for 3 months |
b. Strict Censure
Strict censure will be given to Director of Equity Division, Masaru
Tokita, and Director of System Developments for Trading Division, Hiroshi
Sato.
In addition, at their own requests, Chairman of the Board, Taizo
Nishimuro, Members of the Board, Junichi Ujiie, Hiroshi Okuda, Yasuo
Kuramoto, Nobuo Tateisi, Hitoshi Maeda and Masahiro Wakita, Standing
Statutory Auditors, Shigeaki Itsuki and Satoshi Shiibashi, and Statutory
Auditors, Toshiaki Katsushima and Koji Shindo will voluntarily forgo
10% of their monthly salary for 3 months.
2. Reassignment of representative directors etc.
(Reassignment date is December 21, 2005)
a. New representative directors
Chairman of the Board and President and CEO
Taizo Nishimuro
Senior Managing Director & CFO
Yasuo Tobiyama
b. New executive officer
Executive Officer
Koichiro Miyahara
3. List of Executive officers
Taizo Nishimuro | Chairman of the Board & President & CEO |
Yasuo Tobiyama | Senior Managing Director & COO & CFO |
Eisuke Nagatomo | Managing Director & Executive
Officer & CRO (Listing Division, Self-Regulation Division) |
Toshitsugu Shimizu | Executive Officer (Clearing & Settlement Division, Capital Markets Promotion Division) |
Tomoyoshi Uranishi | Executive Officer (General Administration, Treasury) |
Hiroyuki Iwakuma | Executive Officer (Corporate Planning, Human Resources) |
Hironaga Miyama | Executive Officer (Cash market Division, Derivatives Market Division, Systems Developments for Trading) |
Koichiro Miyahara | Executive Officer (Information Services Division) |
In addition to above Executive Officers, Executive Officer & Chief Information Officer (CIO) will be assigned in near future.
We all the executives and staff of the TSE devote ourselves to prevent from a reoccurrence of such problem in the future.
We ask for your kind understanding in this matter.