Toyota chairman’s compensation rises 46% to $7 million

30 Jun, 2023

TOKYO: Toyota Motor chairman Akio Toyoda received a total compensation package of 999 million yen ($6.90 million) in the financial year ended in March, up 46% from the previous year, according to the firm’s filing on Friday.

The filing showed that 735 million yen of the 999 million came from stock options.

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Japanese news agency Jiji Press reported that this was the highest figure in the automaker’s history.

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