Komori
Governance5444YAMATO KOGYO CO.,LTD.Iron & Steel, Nonferrous Metals

Notice Regarding the Introduction of a Performance-Linked, Post-Delivery Restricted Stock Compensation Plan

The current restricted stock compensation plan will be discontinued and replaced with a new performance-linked restricted stock compensation plan under which shares will be delivered at a later date based on factors including the degree to which performance targets are achieved. The introduction of the plan requires approval at the General Meeting of Shareholders scheduled for 26 June 2026.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
150
¥ million (aggregate cap on monetary compensation claims granted for each eligible period)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

Subject to the relevant proposal being approved and adopted at the General Meeting of Shareholders, the current restricted stock compensation plan for eligible directors will be discontinued, and no further restricted stock will be allocated. A new performance-linked, post-delivery restricted stock compensation plan will be introduced.

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 timeSubject to the relevant proposal being approved and adopted at the General Meeting of Shareholders, the current restricted stock compensation plan for eligible directors will be discontinued, and no further restricted stock will be allocated. A new performance-linked, post-delivery restricted stock compensation plan will be introduced.
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 enable eligible directors to share with shareholders the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and greater corporate value. The decision also takes into comprehensive consideration factors including the eligible directors’ contributions.

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 Performance-Linked, Post-Delivery Restricted Stock Compensation Plan | YAMATO KOGYO CO.,LTD. (5444) timely disclosure | Komori