Governance structure
The Company will continue its performance-linked stock compensation plan and change the ratio of fixed to variable compensation from approximately 1:0.6 to approximately 1:1, and the ratio of base compensation, bonuses and stock compensation from approximately 1:0.3:0.3 to approximately 1:0.5:0.5. GHG emissions (Scope 1 and 2) and MHC engagement will be added to the performance metrics for stock compensation, the maximum trust funding will be revised from ¥2,400 million to ¥4,200 million in total for 3 fiscal years, and the maximum number of shares and other equity securities to be delivered will be revised to 4.65 million shares in total.
| Item | Details |
|---|---|
| Committee | Compensation Committee (a majority of whose members are independent outside directors) |
| Changes this time | The Company will continue its performance-linked stock compensation plan and change the ratio of fixed to variable compensation from approximately 1:0.6 to approximately 1:1, and the ratio of base compensation, bonuses and stock compensation from approximately 1:0.3:0.3 to approximately 1:0.5:0.5. GHG emissions (Scope 1 and 2) and MHC engagement will be added to the performance metrics for stock compensation, the maximum trust funding will be revised from ¥2,400 million to ¥4,200 million in total for 3 fiscal years, and the maximum number of shares and other equity securities to be delivered will be revised to 4.65 million shares in total. |
Items this document does not state (6)
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 advance the improvements in capital efficiency and corporate value set out in the medium-term management plan for fiscal years 2026–2028, the Company will set compensation levels commensurate with roles and responsibilities, based on market levels, and strengthen incentives.