Governance structure
The annual aggregate compensation cap for directors (excluding directors who are Audit & Supervisory Committee members) will be revised from ¥300 million to ¥500 million. The proportion of the BBT scheme will be increased, and a performance-linked design will be newly added. The annual point cap per fiscal year will be 1,500,000 points, including 300,000 points for directors.
| Item | Details |
|---|---|
| Number of directors | Currently 10 directors (including 3 outside directors). Following approval of the proposal, there will be 11 directors (excluding directors who are Audit & Supervisory Committee members), including 3 outside directors. |
| Committee | Nomination and Compensation Advisory Committee (proportion of outside members: not disclosed) |
| Changes this time | The annual aggregate compensation cap for directors (excluding directors who are Audit & Supervisory Committee members) will be revised from ¥300 million to ¥500 million. The proportion of the BBT scheme will be increased, and a performance-linked design will be newly added. The annual point cap per fiscal year will be 1,500,000 points, including 300,000 points for directors. |
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.Responding to compensation levels that take competitors into account, increasing the link to performance, attracting and retaining talented management personnel, strengthening commitment to and motivation for achieving performance targets, changes in economic conditions and the business environment, expansion of business scale, strengthening corporate governance, and strengthening medium- to long-term incentives.