Komori
Governance3092ZOZO,Inc.Retail

Notice Regarding Revisions to the Restricted Stock Compensation Plan

A proposal to increase the annual compensation ceiling under the restricted stock compensation plan from ¥864 million and 576,000 shares to ¥1,152 million and 2,304,000 shares will be submitted to the General Meeting of Shareholders. The revisions are 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
1152
¥ million per year (annual share ceiling: 2,304,000 shares)
Wording
Conditional
How definitive the wording is.

Governance structure

Committee1
Nomination and Compensation Advisory Committee (percentage of outside committee members: 非開示)
Changes this time

A proposal to increase the annual compensation ceiling under the restricted stock compensation plan from ¥864 million and 576,000 shares to ¥1,152 million and 2,304,000 shares will be submitted to the General Meeting of Shareholders. The revisions are subject to approval at the General Meeting of Shareholders.

Governance structure
ItemDetails
CommitteeNomination and Compensation Advisory Committee (percentage of outside committee members: Not disclosed)
Changes this timeA proposal to increase the annual compensation ceiling under the restricted stock compensation plan from ¥864 million and 576,000 shares to ¥1,152 million and 2,304,000 shares will be submitted to the General Meeting of Shareholders. The revisions are subject to approval at the General Meeting of Shareholders.
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 further strengthen the plan’s incentive function in order to make the achievement of the medium-term management plan more certain.

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 | ZOZO,Inc. (3092) timely disclosure | Komori