Governance structure
The Company resolved at a meeting of the Board of Directors to review its executive compensation system and introduce a restricted stock compensation plan. A proposal to establish a separate compensation framework for the plan, in addition to the existing compensation framework, will be submitted to the annual general meeting of shareholders. The Company also plans to introduce a similar plan for executive officers who do not concurrently serve as directors.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Committee (proportion of outside members: Not disclosed) |
| Changes this time | The Company resolved at a meeting of the Board of Directors to review its executive compensation system and introduce a restricted stock compensation plan. A proposal to establish a separate compensation framework for the plan, in addition to the existing compensation framework, will be submitted to the annual general meeting of shareholders. The Company also plans to introduce a similar plan for executive officers who do not concurrently serve as directors. |
Items this document does not state (6)
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 provide the eligible directors with an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with shareholders.