Governance structure
The existing restricted stock compensation plan will be discontinued, and an executive compensation BIP trust for eligible directors will be newly introduced. The introduction is subject to approval at the general meeting of shareholders.
| Item | Details |
|---|---|
| Committee | Governance Committee (a voluntary committee equivalent to a nomination and compensation committee), proportion of external members: Not disclosed |
| Changes this time | The existing restricted stock compensation plan will be discontinued, and an executive compensation BIP trust for eligible directors will be newly introduced. The introduction is subject to approval at the general meeting of shareholders. |
Items this document does not state (6)
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 increase eligible directors’ motivation to contribute to an increase in the share price, enhanced shareholder value and enhanced corporate value, and to further promote value sharing with shareholders.