Contents of this filing
The existing Board Benefit Trust (BBT) will be revised to a stock benefit trust (BBT-RS) under which shares granted during the recipient’s tenure will be subject to transfer restrictions until retirement from office. Non-executive directors will be excluded from the new plan, and transitional measures limited to the transfer and grant of existing awarded points will be established for certain eligible persons.
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。
| Item | Details |
|---|---|
| Changes this time | The existing Board Benefit Trust (BBT) will be revised to a stock benefit trust (BBT-RS) under which shares granted during the recipient’s tenure will be subject to transfer restrictions until retirement from office. Non-executive directors will be excluded from the new plan, and transitional measures limited to the transfer and grant of existing awarded points will be established for certain eligible persons. |
Items this document does not state (7)
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.The aim is to give directors and other eligible officers rights such as voting rights and dividends, equivalent to those of shareholders, from while they are in office, thereby heightening their awareness of sharing value with shareholders, and to heighten their awareness of improving performance and increasing corporate value over the medium to long term. Non-executive directors will be excluded in view of their role.