Worth reading
50Recurring
Scored from 1 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
85000000
Total increase in the annual compensation limits (¥80 million for base compensation, ¥70 million for performance-linked bonuses, and ¥50 million for stock-based compensation)Wording
Conditional
How definitive the wording is.Governance structure
Committee2
Compensation Advisory Committee (a majority of the members are outside directorsand the chair is also an outside director)
Changes this time
The Company will raise the limits for directors’ base compensation, performance-linked bonuses, and stock-based compensation, and review the methods for issuing or disposing of restricted stock.
| Item | Details |
|---|---|
| Committee | Compensation Advisory Committee (a majority of the members are outside directors, and the chair is also an outside director) |
| Changes this time | The Company will raise the limits for directors’ base compensation, performance-linked bonuses, and stock-based compensation, and review the methods for issuing or disposing of restricted stock. |
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.Seven years have passed since the 2019 revision. In light of changes in the business environment amid steady business performance, increases in market compensation levels, the expansion of the Company’s scale, and the greater roles and responsibilities expected of directors, the Company will set compensation levels based on directors’ duties and results in order to continuously secure outstanding talent.
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.