TOKYO -- The number of corporate officers in Japan earning at least 100 million yen ($930,000) annually fell for the first time in eight years in fiscal 2019 as the coronavirus pandemic eroded performance-based compensation packages.
Business trends
Japan execs' million-dollar club shrinks for first time in 8 years
Pandemic cuts into results-based pay, but top earners still riding high
Western-style incentive-based remuneration have gained popularity in Japan as companies look to attract global management talent.
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