Komori
Governance8050SEIKO GROUP CORPORATIONElectrical Equipment and Precision Instruments

Notice of Partial Revision to the Stock Benefit Trust (BBT)

For the Stock Benefit Trust (BBT) covering executive directors and executive officers, the cap on contributions to the trust will be abolished. In addition, the system will be revised so that additional contributions are calculated based on the estimated number of shares required.

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Contents of this filing

Changes this time

For the Stock Benefit Trust (BBT), the cap on the Company's contributions for each covered period will be abolished, and the system will be revised so that the necessary funds are additionally contributed based on a reasonable estimate of the number of shares required. The cap on points granted per fiscal year is stated as 124,000 points, including 90,000 points for executive directors.

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。

Contents of this filing
ItemDetails
Changes this timeFor the Stock Benefit Trust (BBT), the cap on the Company's contributions for each covered period will be abolished, and the system will be revised so that the necessary funds are additionally contributed based on a reasonable estimate of the number of shares required. The cap on points granted per fiscal year is stated as 124,000 points, including 90,000 points for executive directors.
Items this document does not state (7)
Corporate Governance StructureNumber 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 ensure that the scheme functions as an appropriate incentive for improving performance and increasing corporate value over the medium to long term, and to further align the interests of directors and other officers with those of shareholders. The change also takes into account the impact of share price fluctuations on the number of shares acquired by the trust.

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 Partial Revision to the Stock Benefit Trust (BBT) | SEIKO GROUP CORPORATION (8050) timely disclosure | Komori