Komori
Governance6758SONY GROUP CORPORATIONElectric Appliances & Precision Instruments

Notice Concerning the Introduction of a PSU-Based Post-Grant Share-Based Compensation Plan

The Company will introduce a performance stock unit (PSU) compensation plan under which the number of shares delivered will vary according to performance. Accordingly, the Company plans to shift from its previous practice of granting stock options to granting PSUs or restricted stock units (RSUs).

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
200
Number of shares delivered based on performance conditions (as a percentage of the number of units granted, capped at 200%)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with Three Committees
Committee1
Compensation committee
Changes this time

The Company will introduce a PSU-based deferred stock compensation plan and plans to shift from its previous practice of granting stock options to granting PSUs or RSUs.

Governance structure
ItemDetails
Corporate Governance StructureCompany with Three Committees
CommitteeCompensation committee (percentage of outside members: not disclosed)
Changes this timeThe Company will introduce a PSU-based deferred stock compensation plan and plans to shift from its previous practice of granting stock options to granting PSUs or RSUs.
Items this document does not state (5)
Number 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 further align Sony Group's performance with the interests of eligible individuals, enhance their motivation to contribute to improved performance, and improve Sony Group's performance.

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 Concerning the Introduction of a PSU-Based Post-Grant Share-Based Compensation Plan | SONY GROUP CORPORATION (6758) timely disclosure | Komori