Name of Company: SEGA SAMMY HOLDINGS INC.
Name of Representative: Haruki Satomi,
President and Group CEO, Representative Director
(Code No. 6460, Tokyo Stock Exchange Prime)
Further Inquiry: Makoto Takahashi,
Executive Vice President, Executive Officer,
Managing Director of Corporate Planning Division
(TEL: 03-6864-2400)

 

(Translation)

 

Dear all,

 

 

Notice of Revisions to Compensation System at SEGA SAMMY HOLDINGS INC.

and its Major Subsidiary

 

 

SEGA SAMMY HOLDINGS INC. (the Company) hereby notified that the Company and Sammy corporation (Sammy), a major subsidiary of the Company, has decided to initiate a policy of revising its compensation system with the aim of creating an environment in which employees can maximize their potential and other purposes.

 

Effective on July 1, 2023, the Company and Sammy plan to increase the ratio of base salary within annual salary by raising the base salary and incorporating part of bonuses, as well as revising the retirement benefit system to raise the average monthly salary of existing employees by approximately 22% (*). As a result of this revision, the initial salary for university graduates will increase from ¥235,000 to ¥300,000, an increase of up to approximately 28%.

 

*On an annual salary basis, the average increase rate is about 15%

*We plan to introduce an advance payment system for retirement allowances (selective system), and the rate of increase will differ depending on this option

 

 

For further information, please refer to attached press release.

Notice of Revisions to Compensation System at SEGA SAMMY HOLDINGS INC. and its Major Subsidiary

 

*Reference: “Notice of Revisions to Compensation System at a Major Subsidiary of SEGA SAMMY HOLDINGS INC.” (announced on February 17, 2023)

“Notice of Revisions to Compensation System at a Major Subsidiary of SEGA SAMMY HOLDINGS INC.” (announced on February 17, 2023)