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Governance4718WASEDA ACADEMY CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Continuation and Partial Revision of the Performance-Based Stock Compensation Plan for Directors

The performance-linked stock compensation plan for directors will continue from fiscal 2026 onward, and the trust period will be extended from September 2026 through August 2029. The method of acquiring shares will be revised to allow shares to be acquired either through the stock market or through the Company's disposal of treasury shares.

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Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
120
¥ million (maximum trust funding amount during the covered period)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The plan will continue, and the trust period of the existing BIP trust will be extended. The share acquisition method will be revised to allow shares to be acquired either through the stock market or through the Company's disposal of treasury shares. The covered period will comprise the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029. The maximum trust funding amount will be ¥120 million, the maximum number of points granted annually will be 75,000 points, and the maximum number of shares to be acquired will be 225,000 shares.

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 plan will continue, and the trust period of the existing BIP trust will be extended. The share acquisition method will be revised to allow shares to be acquired either through the stock market or through the Company's disposal of treasury shares. The covered period will comprise the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029. The maximum trust funding amount will be ¥120 million, the maximum number of points granted annually will be 75,000 points, and the maximum number of shares to be acquired will be 225,000 shares.
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 further enhance directors' motivation to contribute to improving performance over the medium to long term and increasing corporate value. The revision is also intended to enable flexible and agile operation of the plan in light of market conditions and share price trends.

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 Continuation and Partial Revision of the Performance-Based Stock Compensation Plan for Directors | WASEDA ACADEMY CO.,LTD. (4718) timely disclosure | Komori