Governance structure
The performance-linked stock compensation plan will continue, and the trust period is scheduled to change from 31 August 2026 to 31 August 2031. The annual contribution cap will be increased from ¥640 million to ¥920 million, and a shareholder value metric will be added to the calculation metrics. Following the revision, the evaluation weights for the initial covered period will be 60% for the capital efficiency metric, 20% for CO2 reduction, and 20% for employee engagement. Additional trust funding is expected to be approximately ¥1.8 billion.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Advisory Committee (composed of independent outside directors; 100% of its members are outside members) |
| Changes this time | The performance-linked stock compensation plan will continue, and the trust period is scheduled to change from 31 August 2026 to 31 August 2031. The annual contribution cap will be increased from ¥640 million to ¥920 million, and a shareholder value metric will be added to the calculation metrics. Following the revision, the evaluation weights for the initial covered period will be 60% for the capital efficiency metric, 20% for CO2 reduction, and 20% for employee engagement. Additional trust funding is expected to be approximately ¥1.8 billion. |
Items this document does not state (6)
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 strengthen the alignment with the medium-term management plan and bring stock-based compensation to a market-competitive level, thereby increasing directors’ and others’ motivation to contribute to improved performance and greater corporate value over the medium to long term, encourage ownership of the Company’s shares, and strengthen their awareness of sharing value with shareholders.