Komori
Governance3591WACOAL HOLDINGS CORP.Materials and Chemicals

Notice Regarding the Introduction of a Share Grant ESOP Trust

The Board of Directors resolved to newly introduce an ESOP trust for employees of the Company and its subsidiaries. The Company will dispose of 67,200 treasury shares (¥243,868,800) to the ESOP trust and deliver them to employees who meet certain requirements.

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Direction
Improvement
Direction inferred from the company’s description.
Scale
243868800
Yen
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The Company resolved to introduce a share-granting ESOP trust as an employee incentive plan and dispose of 67,200 treasury shares (¥243,868,800) to the ESOP trust.

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 resolved to introduce a share-granting ESOP trust as an employee incentive plan and dispose of 67,200 treasury shares (¥243,868,800) to the ESOP trust.
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.

To increase employees' motivation to contribute to enhancing corporate value and share with employees the results of the Group's medium- to long-term growth and enhanced corporate value. The initiative is also intended to encourage employees to perform their duties with greater awareness of the share price, improve their motivation to work and promote their participation in management.

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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 Share Grant ESOP Trust | WACOAL HOLDINGS CORP. (3591) timely disclosure | Komori