Komori
Governance8344The Yamagata Bank,Ltd.Banks

Notice Concerning the Continuation and Additional Contribution to the Performance-Linked Share-Based Compensation Plan

The performance-linked share-based compensation plan will continue, and the trust period will be extended by 5 years. An additional contribution of ¥702 million is planned to fund the acquisition of eligible shares.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
702
¥ million (expected)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The performance-linked share-based compensation plan will continue, and the trust period for the directors' compensation BIP trust will be changed effective 29 June 2026, extending the period by 5 years from 3 August 2016 to 31 August 2031 (planned). An additional contribution of ¥702 million (planned) will be made to fund the acquisition of shares. There will be no other changes to the plan.

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 performance-linked share-based compensation plan will continue, and the trust period for the directors' compensation BIP trust will be changed effective 29 June 2026, extending the period by 5 years from 3 August 2016 to 31 August 2031 (planned). An additional contribution of ¥702 million (planned) will be made to fund the acquisition of shares. There will be no other changes to the plan.
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 acquire shares of the Bank expected to be delivered during the applicable period as part of the continuation of the plan. The purpose of the plan is to increase awareness of the need to contribute to medium- to long-term improvements in performance and increases in corporate 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 Concerning the Continuation and Additional Contribution to the Performance-Linked Share-Based Compensation Plan | The Yamagata Bank,Ltd. (8344) timely disclosure | Komori