Contents of this filing
Part of the stock benefit will be changed to a cash benefit equivalent to the market value of the Company’s shares. The cap on contributions to the trust will be abolished. The compensation allocation for the system will be established separately from the basic compensation allocation. The eligible period will be changed from 2 fiscal years to 3 fiscal years.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Changes this time | Part of the stock benefit will be changed to a cash benefit equivalent to the market value of the Company’s shares. The cap on contributions to the trust will be abolished. The compensation allocation for the system will be established separately from the basic compensation allocation. The eligible period will be changed from 2 fiscal years to 3 fiscal years. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To clarify the linkage between executive compensation, the Company’s performance and its share value, and to heighten executives’ awareness of improving performance over the medium to long term and increasing corporate value by having them share with shareholders not only the benefits of a rising share price but also the risk of a decline. The revision is also intended to enhance the executive compensation system.