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Governance4397TeamSpirit Inc.Information and Communications, Services and Others

Notice Regarding Partial Revisions to the Share-Based Compensation Plan for Directors

Short-term restricted stock, which vests after a service period of 3 months or more, will be added as an eligible form of stock-based compensation for directors. The aggregate limit on cash compensation, the limit on the number of shares and the provisions concerning stock options will remain unchanged.

Worth reading
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Scored from 2 of 5 sections
Direction
Neutral
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Wording
Conditional
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Governance structure

Company with an Audit and Supervisory Committee
Committee1
Nomination and Compensation Committee; percentage of outside members: not disclosed
Changes this time

In addition to the existing medium-term restricted stock, short-term restricted stock that vests after a service period of 3 months or more may be granted. The aggregate limit on cash compensation, the limit on the total number of common shares and the provisions concerning stock options will remain unchanged.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
CommitteeNomination and Compensation Committee; percentage of outside members: not disclosed
Changes this timeIn addition to the existing medium-term restricted stock, short-term restricted stock that vests after a service period of 3 months or more may be granted. The aggregate limit on cash compensation, the limit on the total number of common shares and the provisions concerning stock options will remain unchanged.
Items this document does not state (5)
Number 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 enhance the flexibility and effectiveness of the system and clarify the company's commitment to increasing shareholder value.

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 Share-Based Compensation Plan for Directors | TeamSpirit Inc. (4397) timely disclosure | Komori