Governance structure
Company with an Audit and Supervisory CommitteeAt the 89th Annual General Meeting of Shareholders held on 27 June 2025, the company resolved to partially revise its performance-linked stock compensation plan. The initial period covered after the revision comprises the 3 fiscal years from the fiscal year ending 31 March 2026 through the fiscal year ending 31 March 2028. The contribution cap is an amount calculated by multiplying ¥350 million by the number of fiscal years covered, and the cap on the number of shares and other securities is calculated by multiplying 120,000 shares by the number of fiscal years covered.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Compensation Advisory Committee (outside members comprise a majority) |
| Changes this time | At the 89th Annual General Meeting of Shareholders held on 27 June 2025, the company resolved to partially revise its performance-linked stock compensation plan. The initial period covered after the revision comprises the 3 fiscal years from the fiscal year ending 31 March 2026 through the fiscal year ending 31 March 2028. The contribution cap is an amount calculated by multiplying ¥350 million by the number of fiscal years covered, and the cap on the number of shares and other securities is calculated by multiplying 120,000 shares by the number of fiscal years covered. |
Items this document does not state (5)
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 objectivity and transparency of the deliberation process concerning compensation decisions. In addition, to further enhance the objectivity and transparency of procedures concerning compensation and other matters by delegating authority to the Compensation Advisory Committee.