Governance structure
With respect to the existing stock delivery trust, no new points will be granted after the points for the fiscal year ending June 2026, which are scheduled to be granted on 30 September 2026. Stock-based compensation will be changed from the stock delivery trust to post-delivery stock compensation using RSUs and PSUs.
| Item | Details |
|---|---|
| Number of directors | If the proposal for the election of directors is approved at this general meeting of shareholders, the number of eligible directors will be 2, excluding outside directors. |
| Committee | Nomination and Compensation Committee: chaired by an independent outside director and composed of a majority of independent outside directors |
| Changes this time | With respect to the existing stock delivery trust, no new points will be granted after the points for the fiscal year ending June 2026, which are scheduled to be granted on 30 September 2026. Stock-based compensation will be changed from the stock delivery trust to post-delivery stock compensation using RSUs and PSUs. |
Items this document does not state (5)
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 Company aims to strengthen the link with medium- to long-term corporate value and shareholder value by introducing relative TSR, shifting from single-year evaluations to medium- to long-term performance evaluations, fostering awareness of the share price during the director's tenure, and maintaining a stable proportion of stock-based compensation. Another objective is to establish a compensation structure under which the new management team is strongly committed to achieving management targets and enhancing shareholder value.