Komori
Governance3660istyle Inc.Information and Communications, Services and Others

Notice Regarding Revisions to the Executive Compensation System (Policy for Determining Directors’ Compensation and Other Remuneration)

The payment conditions and calculation methods for performance-linked compensation were reviewed by position, and approximate mix ratios for fixed compensation, performance-linked compensation and share-based compensation were also established. The performance metrics themselves have not changed.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
400
¥ million (annual cap on directors’ compensation)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Changes this time

The payment conditions and calculation methods for performance-linked compensation, the policy for determining individual compensation, and the policy for determining the proportion represented by each type of compensation were revised. The performance metrics remain unchanged. The revisions will apply from the 28th fiscal year.

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 payment conditions and calculation methods for performance-linked compensation, the policy for determining individual compensation, and the policy for determining the proportion represented by each type of compensation were revised. The performance metrics remain unchanged. The revisions will apply from the 28th fiscal year.
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 promote the sustainable enhancement of corporate value over the medium to long term and further align value creation with shareholders. Also, to clarify the roles and performance responsibilities associated with each position and ensure that incentives to achieve performance targets function appropriately.

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 Executive Compensation System (Policy for Determining Directors’ Compensation and Other Remuneration) | istyle Inc. (3660) timely disclosure | Komori