Komori
Governance1982Hibiya Engineering,Ltd.Construction and Materials

Notice Regarding the Continuation and Partial Revision of the Performance-Based Stock Compensation Plan for Directors

The existing performance-linked share-based compensation plan for directors and other officers will continue from fiscal 2026 through fiscal 2028. The performance achievement criteria and other elements will be partially revised, and the trust period is scheduled to be extended to 31 August 2029.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
700
¥ million (trust fund cap)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The performance achievement criteria and other elements will be partially revised, and the trust period of the existing BIP trust is scheduled to be extended. The plan will cover fiscal 2026 through fiscal 2028, with a trust fund cap of ¥700 million, an annual award cap of 180,000 points and a cap of 540,000 shares to be acquired.

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。

Contents of this filing
ItemDetails
Changes this timeThe performance achievement criteria and other elements will be partially revised, and the trust period of the existing BIP trust is scheduled to be extended. The plan will cover fiscal 2026 through fiscal 2028, with a trust fund cap of ¥700 million, an annual award cap of 180,000 points and a cap of 540,000 shares to be acquired.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy 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 heighten awareness of the contribution to achieving the performance targets of the Ninth Medium-Term Management Plan and enhancing corporate value over the medium to long term, and to clarify the linkage between the compensation of directors and other officers and the Company's share value.

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 Continuation and Partial Revision of the Performance-Based Stock Compensation Plan for Directors | Hibiya Engineering,Ltd. (1982) timely disclosure | Komori