Governance structure
the company's parent company). Voting rights ratio: Not disclosed
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
Resolved to introduce a performance-linked restricted stock compensation plan for certain executive officers who do not concurrently serve as directors and for employees
| Item | Details |
|---|---|
| Controlling shareholder | 海信日本オートモーティブエアコンシステムズ合同会社 (the company's parent company). Voting rights ratio: Not disclosed |
| Changes this time | Resolved to introduce a performance-linked restricted stock compensation plan for certain executive officers who do not concurrently serve as directors and for employees |
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 for employees and others and the company's performance and share value, provide incentives to enhance corporate value over the medium to long term, and promote value sharing between employees and other eligible recipients and shareholders. The plan is also intended to improve the ratio of tradable shares while limiting dilution for existing shareholders and to grant shares to more employees and other eligible recipients.