Komori
Governance4783NCD Co.,Ltd.Information and Communications, Services and Others

Notice Concerning the Continuation and Partial Revision of the Performance-Linked Stock Compensation Plan

The performance-linked stock compensation plan will continue from the fiscal year ending March 2027 through the fiscal year ending March 2029. The cap on total compensation will be increased from ¥200 million to ¥300 million, the cap on the number of shares to be delivered will be reduced from 300,000 shares to 100,000 shares, and the performance metrics will be expanded.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
3
¥100 million (cap on total compensation; previously ¥200 million) / 100,000 shares (cap on the number of shares to be delivered; previously 300,000 shares)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The performance-linked stock compensation plan will continue following partial revision. The cap on total compensation will be changed from ¥200 million to ¥300 million, and the cap on the total number of shares to be delivered will be changed from 300,000 shares to 100,000 shares. The performance metrics will be changed from consolidated net sales and consolidated operating profit for the final fiscal year of the covered period to consolidated net sales, consolidated operating profit, consolidated ROE and the engagement index for the 3 fiscal years in the covered period.

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 performance-linked stock compensation plan will continue following partial revision. The cap on total compensation will be changed from ¥200 million to ¥300 million, and the cap on the total number of shares to be delivered will be changed from 300,000 shares to 100,000 shares. The performance metrics will be changed from consolidated net sales and consolidated operating profit for the final fiscal year of the covered period to consolidated net sales, consolidated operating profit, consolidated ROE and the engagement index for the 3 fiscal years in the covered period.
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 clarify the linkage between compensation for directors and other officers, company performance and share value, and to raise awareness of sustainable growth and increasing corporate value. In addition, the existing caps could be exceeded when the number of directors and other officers increases, or when the share price rises and business performance improves. The change to the cap on the number of shares to be delivered reflects the Company's current share price level and other factors.

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 Concerning the Continuation and Partial Revision of the Performance-Linked Stock Compensation Plan | NCD Co.,Ltd. (4783) timely disclosure | Komori