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Governance6501Hitachi,Ltd.Electrical Equipment & Precision Instruments

Notice Regarding the Introduction of the “Executive Compensation BIP Trust” under the Stock-Based Compensation Plan for Directors and Executive Officers

The company decided to introduce a BIP trust for the administration of share grants under its executive share-based compensation plan. Shares and other equity interests will be granted through the trust to directors, executive officers, executive advisers, and officers of certain group companies.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
26258
¥ million
Wording
Conditional
How definitive the wording is.

Governance structure

Committee1
Compensation committee
Changes this time

A BIP trust will be introduced for the administration of share grants under the executive share-based compensation plan. A BIP trust will also be introduced for directors.

Governance structure
ItemDetails
CommitteeCompensation committee (percentage of outside members: not disclosed)
Changes this timeA BIP trust will be introduced for the administration of share grants under the executive share-based compensation plan. A BIP trust will also be introduced for directors.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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 facilitate and improve the efficiency of the administrative operations of the share-based compensation plan, and to ensure its stable and reliable operation.

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 Introduction of the “Executive Compensation BIP Trust” under the Stock-Based Compensation Plan for Directors and Executive Officers | Hitachi,Ltd. (6501) timely disclosure | Komori