Governance structure
Company with an Audit and Supervisory CommitteeThe company will submit to the shareholders meeting a proposal to revise the directors’ compensation system and change the annual cap on compensation for directors, excluding directors who are Audit & Supervisory Committee Members, from up to ¥100 million to up to ¥200 million, including up to ¥15 million for outside directors, as well as a proposal to introduce a restricted stock compensation plan. The compensation framework associated with the introduction of the plan will be separate from the existing compensation framework.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Compensation committee (percentage of outside members: not disclosed) |
| Changes this time | The company will submit to the shareholders meeting a proposal to revise the directors’ compensation system and change the annual cap on compensation for directors, excluding directors who are Audit & Supervisory Committee Members, from up to ¥100 million to up to ¥200 million, including up to ¥15 million for outside directors, as well as a proposal to introduce a restricted stock compensation plan. The compensation framework associated with the introduction of the plan will be separate from the existing compensation framework. |
Items this document does not state (5)
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 secure a compensation framework that will support the appointment of talent in the future, in preparation for the expanding roles and responsibilities of directors resulting from changes in the business environment, growth in the Group’s performance, and the strengthening of the corporate governance structure. In addition, to promote value sharing with shareholders and provide incentives for the sustainable enhancement of corporate value and prevention of its erosion.