Worth reading
50Recurring
Scored from 1 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
500
¥ million (upper limit for monetary compensation claims related to performance-linked share compensation for each applicable period)Wording
Definitive
How definitive the wording is.Governance structure
Committee1
Nomination and Compensation Committee (outside directors comprise a majority of the committee)
Changes this time
The director compensation system was revised. Performance-based compensation was redesigned as STI, and performance-linked share compensation, relative TSR-linked compensation, and malus and clawback provisions were newly introduced.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Committee (outside directors comprise a majority of the committee) |
| Changes this time | The director compensation system was revised. Performance-based compensation was redesigned as STI, and performance-linked share compensation, relative TSR-linked compensation, and malus and clawback provisions were newly introduced. |
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 strengthen the alignment between compensation and the enhancement of corporate value over the medium to long term. To ensure performance-based discipline by linking compensation to financial targets, including revenue growth, improved profitability and higher capital efficiency, as well as to shareholder returns.
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.