Worth reading
50Recurring
Scored from 1 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
33
¥ million (annual cap for RS compensation)Wording
Conditional
How definitive the wording is.Governance structure
Committee2
NominationCompensation and Governance Committee
Changes this time
The system will change from monthly fixed compensation paid entirely in cash to three components: fixed compensation, short-term incentive compensation (STI) and long-term incentive compensation (LTI). Restricted stock compensation (RS) and performance share units (PSU) will be introduced as LTI.
| Item | Details |
|---|---|
| Committee | Nomination, Compensation and Governance Committee (percentage of outside members: Not disclosed) |
| Changes this time | The system will change from monthly fixed compensation paid entirely in cash to three components: fixed compensation, short-term incentive compensation (STI) and long-term incentive compensation (LTI). Restricted stock compensation (RS) and performance share units (PSU) will be introduced as LTI. |
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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.The purposes are to motivate sustained improvement in corporate value over the medium to long term, share value with shareholders, increase the willingness to contribute, secure and retain outstanding management talent, and motivate the execution of management strategies.
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.