Komori
Governance2993Choei Inc.Real Estate

Notice Regarding Revisions to the Restricted Stock Compensation Plan for the Company's Directors

The Company will submit to the General Meeting of Shareholders a proposal to revise the restricted stock compensation plan by increasing the annual limit on monetary compensation claims granted to eligible directors from ¥105 million to ¥300 million, and the annual limit on the number of shares allotted from 50,000 to 100,000. The revision is subject to approval at the General Meeting of Shareholders.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
300
¥ million (annual limit; previous limit: ¥105 million)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The Company plans to revise the total amount of monetary compensation claims granted as restricted stock compensation from no more than ¥105 million per year to no more than ¥300 million per year, and the total number of restricted shares allotted from no more than 50,000 per year to no more than 100,000 per year. There will be no other changes to the plan.

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 Company plans to revise the total amount of monetary compensation claims granted as restricted stock compensation from no more than ¥105 million per year to no more than ¥300 million per year, and the total number of restricted shares allotted from no more than 50,000 per year to no more than 100,000 per year. There will be no other changes to the plan.
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.

The revision reflects a comprehensive consideration of the eligible directors' contributions and other factors. It is also intended to enable directors to share with shareholders the benefits and risks of share price fluctuations and further increase their motivation to contribute to share price appreciation and the enhancement of corporate 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 Revisions to the Restricted Stock Compensation Plan for the Company's Directors | Choei Inc. (2993) timely disclosure | Komori