Komori
Governance9031Nishi-Nippon Railroad Co.,Ltd.Transportation and Logistics

Notice of the Expansion of the Share-Based Compensation Plan for the Company's Directors and Executive Officers

The medium-term performance-linked bonus will be discontinued and partly replaced with a new plan under which restricted shares will be granted during the recipient’s tenure. The existing plan under which shares are granted upon retirement will be maintained, increasing the proportion of share-based compensation.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
150000000
Annual trust contribution limit (yen)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The medium-term performance-linked bonus will be discontinued, and in-service restricted share compensation will be introduced for directors who are not Audit and Supervisory Committee members, excluding outside directors, and executive officers with titles. The plan under which shares are granted upon retirement will not be changed.

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 medium-term performance-linked bonus will be discontinued, and in-service restricted share compensation will be introduced for directors who are not Audit and Supervisory Committee members, excluding outside directors, and executive officers with titles. The plan under which shares are granted upon retirement will not be changed.
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 further promote value sharing with shareholders and increase the motivation to contribute to the enhancement of corporate value and the increase in the share price through the execution of the management plan.

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 of the Expansion of the Share-Based Compensation Plan for the Company's Directors and Executive Officers | Nishi-Nippon Railroad Co.,Ltd. (9031) timely disclosure | Komori