Komori
Governance3864Mitsubishi Paper Mills LimitedMaterials and Chemicals

Notice Regarding Partial Revisions to the Performance-Linked Stock Compensation Plan for the Company's Directors and Other Officers

Regarding performance-linked stock compensation for directors and other officers, the timing of stock delivery will be changed to during their tenure, and the plan will be revised so that the delivered shares cannot be transferred until the recipient retires. The contribution cap and annual points cap will remain unchanged.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
450
¥ million (maximum contribution amount per 3 fiscal years)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The timing of stock delivery under the plan will be changed to during the recipient’s tenure, and the delivered shares will be subject to transfer restrictions until the recipient retires. The contribution cap will remain unchanged from the current level, as will the points cap per 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 timing of stock delivery under the plan will be changed to during the recipient’s tenure, and the delivered shares will be subject to transfer restrictions until the recipient retires. The contribution cap will remain unchanged from the current level, as will the points cap per 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 strengthen the linkage between directors’ and other officers’ compensation and business performance and share value, and to enhance corporate value over the medium to long term by sharing the benefits and risks of share-price fluctuations with shareholders.

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 Partial Revisions to the Performance-Linked Stock Compensation Plan for the Company's Directors and Other Officers | Mitsubishi Paper Mills Limited (3864) timely disclosure | Komori