Komori
Governance6436Amano CorporationMachinery

Notice Regarding the Continuation and Partial Revision of the Performance-Linked Share-Based Compensation Plan for Directors and Executive Officers

The performance-linked stock compensation plan for directors and executive officers will be extended for 3 years, and the cap on the amount of funds contributed by the company for the 3 eligible fiscal years will be increased from ¥900 million to ¥1,200 million. No other changes will be made to the plan.

Worth reading
—
Scored from 0 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
300
¥ million (increase in contribution cap)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

Regarding the performance-linked stock compensation plan for directors and executive officers introduced in fiscal 2017, the trust period will be extended by 3 years, and the cap on the amount of funds contributed by the eligible companies will be revised from a total of ¥900 million for the 3 fiscal years (including ¥810 million for the company) to ¥1,200 million (including ¥1,110 million for the company). There will be no other changes to the plan.

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。

Contents of this filing
ItemDetails
Changes this timeRegarding the performance-linked stock compensation plan for directors and executive officers introduced in fiscal 2017, the trust period will be extended by 3 years, and the cap on the amount of funds contributed by the eligible companies will be revised from a total of ¥900 million for the 3 fiscal years (including ¥810 million for the company) to ¥1,200 million (including ¥1,110 million for the company). There will be no other changes to the plan.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 further strengthen the link between compensation for eligible directors and other officers and company performance in order to achieve the targets of the new medium-term management plan.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Continuation and Partial Revision of the Performance-Linked Share-Based Compensation Plan for Directors and Executive Officers | Amano Corporation (6436) timely disclosure | Komori