Komori
Governance5162ASAHI RUBBER INC.Automobiles and transportation equipment

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

The performance-linked share-based compensation scheme for directors will continue from fiscal 2026 through fiscal 2031. The scheme will be revised so that shares are delivered after the end of each fiscal year for the fixed and short-term performance-linked components, and after the end of the applicable period for the medium-term performance-linked component. The eligible recipients, contribution cap, cap on the number of shares to be delivered, and transfer restrictions through retirement will also be reviewed.

Worth reading
34Immaterial
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
80
JPY million (contribution cap for the initial five-fiscal-year target period)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Changes this time

The scheme will be revised so that shares are delivered for the fixed and short-term performance-linked components after each fiscal year, and for the medium-term performance-linked component at the end of the medium-term management plan. The scope of eligible recipients, contribution cap, cap on the number of shares to be delivered, and transfer restrictions will also be reviewed.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Changes this timeThe scheme will be revised so that shares are delivered for the fixed and short-term performance-linked components after each fiscal year, and for the medium-term performance-linked component at the end of the medium-term management plan. The scope of eligible recipients, contribution cap, cap on the number of shares to be delivered, and transfer restrictions will also be reviewed.
Items this document does not state (6)
Number 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 directors' compensation, business performance and shareholder value, and to strengthen their awareness of contributing to medium- and long-term performance improvement and increased corporate value. In addition, to clarify the sharing of interests with shareholders by enabling earlier share ownership, and to encourage decision-making and commitment aimed at increasing corporate value.

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 for Directors | ASAHI RUBBER INC. (5162) timely disclosure | Komori