Komori
Governance6844Shindengen Electric Manufacturing Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding the Introduction of a Restricted Stock Compensation Plan for Executive Officers

A restricted stock compensation plan will be newly introduced for executive officers who do not concurrently serve as directors. Eligible recipients will be granted monetary compensation claims of up to ¥60 million per year in the form of shares, with the number of shares capped at 40,000 per year.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
60
¥ million (annual cap)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Changes this time

Introduction of a restricted stock compensation plan for executive officers who do not concurrently serve as directors. Monetary compensation claims of up to ¥60 million per year will be granted, and up to 40,000 common shares per year will be issued or disposed of.

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 timeIntroduction of a restricted stock compensation plan for executive officers who do not concurrently serve as directors. Monetary compensation claims of up to ¥60 million per year will be granted, and up to 40,000 common shares per year will be issued or disposed of.
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 provide incentives for the sustainable enhancement of corporate value and further align the interests of the recipients with those of shareholders.

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 a Restricted Stock Compensation Plan for Executive Officers | Shindengen Electric Manufacturing Co.,Ltd. (6844) timely disclosure | Komori