Governance structure
Company with an Audit and Supervisory CommitteeThe executive compensation system was reviewed, and the introduction of a restricted stock compensation plan was approved. A separate compensation framework from the cash compensation framework, with an annual limit of 20,000 shares and ¥50 million, will be submitted to the General Meeting of Shareholders for the eligible directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Nomination and Compensation Committee (voluntary advisory body); proportion of outside members: not disclosed (however, a majority of the committee members are independent outside directors) |
| Changes this time | The executive compensation system was reviewed, and the introduction of a restricted stock compensation plan was approved. A separate compensation framework from the cash compensation framework, with an annual limit of 20,000 shares and ¥50 million, will be submitted to the General Meeting of Shareholders for the eligible 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.To provide the eligible directors with an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with shareholders. The Board of Directors' resolution regarding the introduction of the plan was also made based on the deliberations and recommendations of the Nomination and Compensation Committee, which comprises a majority of independent outside directors.