Komori
Governance3097The Monogatari CorporationRetail

Notice Regarding the Introduction of a Performance-Based Restricted Stock Compensation Plan

A new stock compensation plan will be introduced for directors, excluding outside directors, under which transfer restrictions will be lifted subject to the achievement of performance targets. The introduction requires approval at the general meeting of shareholders scheduled for 25 September 2026. Following approval, an annual compensation limit of ¥1,000 million and an annual limit of 160,000 common shares are expected to be established.

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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1000
¥ million (annual maximum total compensation)
Wording
Conditional
How definitive the wording is.

Governance structure

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

It was resolved to review the directors' compensation system and introduce a new performance-linked restricted stock compensation plan. A proposal will be submitted to this general meeting of shareholders to establish a separate compensation limit from the existing compensation limit.

Governance structure
ItemDetails
CommitteeNomination and Remuneration Committee (percentage of outside committee members: Not disclosed)
Changes this timeIt was resolved to review the directors' compensation system and introduce a new performance-linked restricted stock compensation plan. A proposal will be submitted to this general meeting of shareholders to establish a separate compensation limit from the existing compensation limit.
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 provide the eligible directors with an incentive to achieve performance targets, promote the sharing of value with shareholders, and retain talented personnel.

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 the Introduction of a Performance-Based Restricted Stock Compensation Plan | The Monogatari Corporation (3097) timely disclosure | Komori