Komori
Governance8074YUASA CO.,LTD.Trading & Wholesale

Notice Regarding the Continuation and Partial Revision of the Executive Compensation BIP Trust

The Officer Compensation BIP Trust will be continued, and the covered period will be extended from 3 fiscal years to an initial 5 fiscal years. The initial contribution limit will be ¥900 million, the limit on shares and other instruments will be 280,000 points (shares), and the performance indicators will also be changed.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
900
¥ million
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The BIP Trust system will be continued, and the covered period will be changed from the previous 3 consecutive fiscal years to an initial 5 fiscal years. The contribution limit for the initial 5 fiscal years will be ¥900 million, and the limit on shares and other instruments will be 280,000 points. The performance achievement conditions will be changed to a system under which they vary according to the degree of achievement of the performance indicators and other factors. For the 5 fiscal years following this revision, ordinary profit, ROIC and overseas sales are expected to be adopted as performance indicators.

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 timeThe BIP Trust system will be continued, and the covered period will be changed from the previous 3 consecutive fiscal years to an initial 5 fiscal years. The contribution limit for the initial 5 fiscal years will be ¥900 million, and the limit on shares and other instruments will be 280,000 points. The performance achievement conditions will be changed to a system under which they vary according to the degree of achievement of the performance indicators and other factors. For the 5 fiscal years following this revision, ordinary profit, ROIC and overseas sales are expected to be adopted as performance indicators.
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 strengthen the motivation to achieve improved medium- to long-term performance and the commitment to increasing shareholder value.

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 Regarding the Continuation and Partial Revision of the Executive Compensation BIP Trust | YUASA CO.,LTD. (8074) timely disclosure | Komori