Komori
Governance9064YAMATO HOLDINGS CO.,LTD.Transportation and Logistics

Notice Regarding the Introduction of a Performance-Linked, Post-Delivery Restricted Stock Compensation Plan

The Company will introduce a compensation plan under which restricted stock will be delivered after the fact to directors, excluding outside directors, based on factors including the extent to which performance targets are achieved. Accordingly, no new points will be granted under the existing trust-based stock compensation plan (BBT).

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
198790
Shares
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The Company will review its executive compensation system and introduce a performance-linked post-delivery restricted stock compensation plan. With the introduction of the new plan, the granting of new points under the existing trust-based stock compensation plan (BBT) will be suspended.

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 Company will review its executive compensation system and introduce a performance-linked post-delivery restricted stock compensation plan. With the introduction of the new plan, the granting of new points under the existing trust-based stock compensation plan (BBT) will be suspended.
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 enhance incentives for the Company's growth and the improvement of corporate value, encourage commitment to improving short-term and medium- to long-term performance, and align the interests of directors with those of shareholders. The change involves transitioning and restructuring the existing plan and is not intended to significantly change actual compensation levels or increase total compensation.

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 Regarding the Introduction of a Performance-Linked, Post-Delivery Restricted Stock Compensation Plan | YAMATO HOLDINGS CO.,LTD. (9064) timely disclosure | Komori