Governance structure
The performance-linked stock compensation plan will be partially amended and continued. The timing of share delivery will be changed, in principle, from upon retirement to each fiscal year, and the shares delivered will, in principle, be subject to transfer restrictions from the delivery date until the retirement date. The trust period will be extended until the end of August 2031.
| Item | Details |
|---|---|
| Committee | Governance Committee (percentage of outside committee members: not disclosed) |
| Changes this time | The performance-linked stock compensation plan will be partially amended and continued. The timing of share delivery will be changed, in principle, from upon retirement to each fiscal year, and the shares delivered will, in principle, be subject to transfer restrictions from the delivery date until the retirement date. The trust period will be extended until the end of August 2031. |
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 clarify the linkage between directors’ compensation and the Company’s performance and share value, and to heighten awareness of improving medium- to long-term performance and increasing corporate value by sharing with shareholders the benefits and risks arising from share price fluctuations.