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Governance4920Nippon Shikizai,Inc.Materials and Chemicals

Notice Regarding the Introduction of a Restricted Stock Compensation Plan

The Board of Directors resolved to review the compensation system for directors and introduce a restricted stock compensation plan. The plan will require approval at the shareholders meeting scheduled for 28 May 2026.

Worth reading
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Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
50
¥ million (annual cap for directors who are not Audit & Supervisory Committee members; annual cap for directors who are Audit & Supervisory Committee members: ¥10 million or less)
Wording
Conditional
How definitive the wording is.

Governance structure

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

The Company resolved to review its executive compensation system and introduce a restricted stock compensation plan. The proposal will be submitted to the ordinary shareholders meeting scheduled for 28 May 2026.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
CommitteeCompensation committee (percentage of outside members: not disclosed)
Changes this timeThe Company resolved to review its executive compensation system and introduce a restricted stock compensation plan. The proposal will be submitted to the ordinary shareholders meeting scheduled for 28 May 2026.
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.

The plan is intended to provide directors who are not Audit & Supervisory Committee members with incentives to enhance corporate value and promote value sharing with shareholders, and to provide directors who are Audit & Supervisory Committee members with incentives to enhance corporate value and prevent its impairment.

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 | Nippon Shikizai,Inc. (4920) timely disclosure | Komori