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Governance4465Niitaka Co., Ltd.Materials and Chemicals

Notice Regarding the Introduction of a Restricted Stock Compensation Plan

The Board of Directors has decided to introduce a restricted stock compensation plan for directors other than directors serving as Audit and Supervisory Committee members, and will submit the proposal to the General Meeting of Shareholders. The plan will be established within the existing cash compensation framework, with an annual limit of 15,000 shares and total compensation capped at ¥30 million per year.

Worth reading
58In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
15000
Shares per year (total compensation capped at ¥30 million per year)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Committee1
Nomination and Compensation Advisory Committee
Changes this time

The Company has reviewed its executive compensation system, resolved to introduce a restricted stock compensation plan for directors other than directors serving as Audit and Supervisory Committee members, and will submit the proposal to the General Meeting of Shareholders.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
CommitteeNomination and Compensation Advisory Committee (proportion of outside members: not disclosed)
Changes this timeThe Company has reviewed its executive compensation system, resolved to introduce a restricted stock compensation plan for directors other than directors serving as Audit and Supervisory Committee members, and will submit the proposal to the General Meeting of Shareholders.
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 provide the eligible directors with an incentive to achieve sustained growth in the Company's corporate value and to further promote the sharing of value with shareholders. The introduction of the plan is subject to approval at the General Meeting of Shareholders scheduled for 25 September 2026.

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 the Introduction of a Restricted Stock Compensation Plan | Niitaka Co., Ltd. (4465) timely disclosure | Komori