Komori
Governance1803SHIMIZU CORPORATIONConstruction and Materials

Notice Regarding the Introduction of a Performance-Linked Stock Compensation Plan

A performance-linked share compensation plan will be newly introduced for directors and others, under which the company’s shares and other assets will be delivered upon retirement based on performance and position. If approved at the General Meeting of Shareholders, the existing compensation intended for the acquisition of the company’s shares will be discontinued.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2.36
¥100 million (planned)
Wording
Conditional
How definitive the wording is.

Governance structure

Committee1
Nomination and Compensation Committee; outside members constitute a majority
Changes this time

A proposal to introduce a performance-linked share compensation plan will be submitted to the Annual General Meeting of Shareholders scheduled for 26 June 2026. Subject to its approval, the existing compensation intended for the acquisition of the company’s shares will be discontinued.

Governance structure
ItemDetails
CommitteeNomination and Compensation Committee; outside members constitute a majority
Changes this timeA proposal to introduce a performance-linked share compensation plan will be submitted to the Annual General Meeting of Shareholders scheduled for 26 June 2026. Subject to its approval, the existing compensation intended for the acquisition of the company’s shares will be discontinued.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 increase directors’ and others’ motivation to improve performance, share the risks and returns of share price fluctuations with shareholders, and heighten their awareness of contributing to sustainable growth and the enhancement of corporate value over the medium to long term.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Introduction of a Performance-Linked Stock Compensation Plan | SHIMIZU CORPORATION (1803) timely disclosure | Komori