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Corporate Governance Report 2026/08/27

The executive compensation structure for fiscal 2026 was reviewed, and the evaluation weighting for relative TSR in equity compensation was increased. The composition of the Board of Directors and executive officers following the executive personnel changes in April 2026 is also described.

Worth reading
91Important
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
10
Evaluation weighting for relative TSR (from 10% to 20%, percentage points)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with Three Statutory Committees
Controlling shareholder
Name of the controlling shareholder and parent company and voting rights ratio: Not disclosed

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Number of directors13 directors (including 8 outside directors)
Committee5
Nomination CommitteeCompensation CommitteeAudit Committeevoluntary Risk Committeeand Conflict of Interest Management Committee (proportion of outside committee members: 非開示)
Changes this time

The executive compensation structure for fiscal 2026 was reviewed, and the evaluation weighting for relative TSR, an evaluation metric for equity compensation, was increased from 10% to 20%. Executive appointments, departures and changes in positions occurred in April 2026.

Governance structure
ItemDetails
Corporate Governance StructureCompany with Three Statutory Committees
Number of directors13 directors (including 8 outside directors)
CommitteeNomination Committee, Compensation Committee, Audit Committee, voluntary Risk Committee, and Conflict of Interest Management Committee (proportion of outside committee members: Not disclosed)
Controlling shareholderName of the controlling shareholder and parent company and voting rights ratio: Not disclosed
Changes this timeThe executive compensation structure for fiscal 2026 was reviewed, and the evaluation weighting for relative TSR, an evaluation metric for equity compensation, was increased from 10% to 20%. Executive appointments, departures and changes in positions occurred in April 2026.
Items this document does not state (3)
Number of independent officersPolicy on cross-shareholdingsTakeover defenses

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 further strengthen the linkage with 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.
Corporate Governance Report 2026/08/27 | Sumitomo Mitsui Trust Group,Inc. (8309) timely disclosure | Komori