Contents of this filing
The caps for restricted stock compensation will be revised. For the continued-service requirement type, the cap will be changed from no more than ¥50 million per year and no more than 16,650 shares per year to no more than ¥70 million per year and no more than 20,000 shares per year, including no more than ¥10 million per year and no more than 2,900 shares per year for outside directors. For the ESG performance metric requirement type, the cap will be changed from no more than ¥50 million per year and no more than 16,650 shares per year to no more than ¥50 million per year and no more than 14,300 shares per year. In total, the caps will be changed from no more than ¥100 million per year and no more than 33,300 shares per year to no more than ¥120 million per year and no more than 34,300 shares per year. The changes will not apply to shares already granted, and there will be no other changes.
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。
| Item | Details |
|---|---|
| Changes this time | The caps for restricted stock compensation will be revised. For the continued-service requirement type, the cap will be changed from no more than ¥50 million per year and no more than 16,650 shares per year to no more than ¥70 million per year and no more than 20,000 shares per year, including no more than ¥10 million per year and no more than 2,900 shares per year for outside directors. For the ESG performance metric requirement type, the cap will be changed from no more than ¥50 million per year and no more than 16,650 shares per year to no more than ¥50 million per year and no more than 14,300 shares per year. In total, the caps will be changed from no more than ¥100 million per year and no more than 33,300 shares per year to no more than ¥120 million per year and no more than 34,300 shares per year. The changes will not apply to shares already granted, and there will be no other changes. |
Items this document does not state (7)
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 review the executive compensation structure and further promote value sharing with shareholders. This will involve shifting part of the base compensation of the Representative Director and President to restricted stock compensation subject to a continued-service requirement, thereby increasing the proportion of stock-based compensation. The increase in the value of the Company's shares accompanying the rise in its share price was also taken into consideration.