Governance structure
Company with an Audit and Supervisory CommitteeThe officer compensation system will be revised. The president's compensation mix will change from approximately 60:20:20 for monthly compensation, bonus and share-based compensation, respectively, to approximately 35:30:35, and a performance-linked component will be introduced into share-based compensation. The system will be changed to provide grants of restricted shares during the officer's tenure. The applicable period for the share-based compensation system will be extended from 3 fiscal years to 5 fiscal years, and the maximum amount of trust funds will change from ¥1,840 million (of which ¥500 million is for the Company) to ¥6,900 million (of which ¥2,400 million is for the Company).
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Nomination and Compensation Committee (a majority of its members are outside directors, and the chair is an outside director) |
| Changes this time | The officer compensation system will be revised. The president's compensation mix will change from approximately 60:20:20 for monthly compensation, bonus and share-based compensation, respectively, to approximately 35:30:35, and a performance-linked component will be introduced into share-based compensation. The system will be changed to provide grants of restricted shares during the officer's tenure. The applicable period for the share-based compensation system will be extended from 3 fiscal years to 5 fiscal years, and the maximum amount of trust funds will change from ¥1,840 million (of which ¥500 million is for the Company) to ¥6,900 million (of which ¥2,400 million is for the Company). |
Items this document does not state (5)
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 provide appropriate incentives, prompted by the Group Long-Term Vision beginning in fiscal 2026, that encourage management leadership and the fulfillment of roles and responsibilities toward enhancing corporate value over the medium to long term and achieving sustainable growth. The revisions are also intended to align compensation with the key management indicators in the Group Long-Term Vision, promote value sharing with shareholders and other stakeholders, and strengthen compensation governance.