Contents of this filing
The cap on directors’ cash compensation will be revised from ¥1.5 billion or less to ¥1.1 billion or less per fiscal year. Restricted stock compensation will also be granted to outside directors, with the cap revised to ¥700 million and 1 million shares or less, of which the cap for outside directors will be ¥75 million and 107,000 shares or less. A new performance-linked share compensation plan will be introduced.
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。
| Item | Details |
|---|---|
| Changes this time | The cap on directors’ cash compensation will be revised from ¥1.5 billion or less to ¥1.1 billion or less per fiscal year. Restricted stock compensation will also be granted to outside directors, with the cap revised to ¥700 million and 1 million shares or less, of which the cap for outside directors will be ¥75 million and 107,000 shares or less. A new performance-linked share compensation plan will be introduced. |
Items this document does not state (7)
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 objectives are to execute the Group’s growth strategy, strengthen directors’ commitment to achieving performance targets and sustainably increasing corporate value, and enhance value sharing with shareholders. The company also cites the need for a new compensation structure in light of changes in the number of directors, conditions at competing companies, and changes in the business environment.