Komori
Governance6674GS Yuasa CorporationElectrical Equipment and Precision Instruments

Notice Regarding the Continuation and Partial Amendment of the Performance-Based Share Compensation Plan

The performance-linked share-based compensation plan will continue, with the performance period set as the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029, and the performance metrics revised to align with the Medium-Term Management Plan. The proportion of performance-linked compensation will also be increased, from the previous 33% to 50% for the President at the standard performance level.

Worth reading
59In focus
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
50
Proportion of performance-linked compensation for the President at the standard performance level (%)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The performance-linked share-based compensation plan will continue with partial revisions. The performance period will be the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029, and consolidated net sales, consolidated ROE, the CO2 emissions reduction rate, the engagement score, and relative TSR are planned to be adopted as performance-linked metrics. The proportion of performance-linked compensation in total executive compensation will be increased, from the previous 33% to 50% for the President.

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 timeThe performance-linked share-based compensation plan will continue with partial revisions. The performance period will be the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029, and consolidated net sales, consolidated ROE, the CO2 emissions reduction rate, the engagement score, and relative TSR are planned to be adopted as performance-linked metrics. The proportion of performance-linked compensation in total executive compensation will be increased, from the previous 33% to 50% for the President.
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 clarify the linkage between directors’ compensation and business performance and share value, and to strengthen incentives for achieving the targets of the Medium-Term Management Plan, sustainably increasing corporate value, improving the earning power of the core business, and improving capital efficiency.

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 Amendment of the Performance-Based Share Compensation Plan | GS Yuasa Corporation (6674) timely disclosure | Komori