Governance structure
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
The company resolved to submit to the annual general meeting of shareholders scheduled for 17 June 2026 a proposal to introduce a performance-linked share-based compensation plan, the Stock Benefit Trust (BBT). Introduction of the plan is subject to shareholder approval.
| Item | Details |
|---|---|
| Controlling shareholder | The presence, name and voting rights ratio of any parent company or sister company are not disclosed. |
| Changes this time | The company resolved to submit to the annual general meeting of shareholders scheduled for 17 June 2026 a proposal to introduce a performance-linked share-based compensation plan, the Stock Benefit Trust (BBT). Introduction of the plan is subject to shareholder approval. |
Items this document does not state (6)
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 clarify the linkage between directors’ compensation and the company’s performance and share value, and to heighten awareness of the need to improve performance and increase corporate value over the medium to long term by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.