Governance structure
The trust agreement will be amended, and the trust period will be extended by 3 years from the end of August 2026. The trust period will run from 25 November 2020 through 31 August 2029 (planned). There will be no other changes from the details announced on 21 May 2020.
| Item | Details |
|---|---|
| Committee | Compensation Committee (all members are independent outside directors) |
| Changes this time | The trust agreement will be amended, and the trust period will be extended by 3 years from the end of August 2026. The trust period will run from 25 November 2020 through 31 August 2029 (planned). There will be no other changes from the details announced on 21 May 2020. |
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 link between compensation and the Company's performance and corporate value, and to heighten awareness of the need to improve medium- to long-term performance and increase corporate value by sharing with shareholders the benefits and risks arising from share price fluctuations. The Company believes that continuing this plan will contribute to the enhancement of corporate value.