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Governance7180Kyushu Financial Group,Inc.Banks

Notice of Commencement of Consideration of the Introduction of a Performance-Based Compensation Plan for Employees (Stock Benefit Trust and Cash)

The Company has begun considering the introduction of a scheme for employees of the Company and its subsidiaries that would grant cash and equity compensation based on the achievement of performance targets. The scheme is expected to use a Stock Benefit Trust (J-ESOP) for the equity compensation, but the establishment date and amount have not yet been determined.

Worth reading
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Direction
Neutral
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Wording
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Governance structure

Company with an Audit and Supervisory Committee
Changes this time

The Company has begun considering the introduction of a performance-linked compensation scheme for employees of the Company and its subsidiaries. The introduction of the scheme, including the establishment date and amount of the Stock Benefit Trust (J-ESOP), has not yet been determined.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Changes this timeThe Company has begun considering the introduction of a performance-linked compensation scheme for employees of the Company and its subsidiaries. The introduction of the scheme, including the establishment date and amount of the Stock Benefit Trust (J-ESOP), has not yet been determined.
Items this document does not state (6)
Number 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 strengthen the link between share price and business performance and employee compensation, further motivate employees to improve performance by sharing economic returns with shareholders, promote human capital management, and contribute to enhancing corporate value over the medium to long term.

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 of Commencement of Consideration of the Introduction of a Performance-Based Compensation Plan for Employees (Stock Benefit Trust and Cash) | Kyushu Financial Group,Inc. (7180) timely disclosure | Komori