Governance structure
The executive compensation system will be revised to comprise base compensation, performance-linked bonuses, and equity compensation through PSUs and RSUs, and the existing stock-based compensation stock option program will be discontinued. Shareholding guidelines for the Representative Directors and malus and clawback provisions are also planned to be introduced.
| Item | Details |
|---|---|
| Committee | Compensation Advisory Committee (planned to comprise 6 members: 5 Outside Directors and the Representative Director, Chairman and CEO; outside members will account for 5/6) |
| Changes this time | The executive compensation system will be revised to comprise base compensation, performance-linked bonuses, and equity compensation through PSUs and RSUs, and the existing stock-based compensation stock option program will be discontinued. Shareholding guidelines for the Representative Directors and malus and clawback provisions are also planned to be introduced. |
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.The revisions are intended to increase executives’ motivation to improve performance over the medium to long term in line with the strategic objectives of the strategic management plan “FUSION30,” thereby contributing to increased corporate value. They also aim to establish competitive compensation levels, a compensation structure that reflects performance and corporate value, and appropriate objectivity and transparency.