Contents of this filing
The performance-linked stock compensation plan will continue, with the annual contribution limit increased from ¥1,250 million to ¥1,600 million and the limit on variable points per fiscal year increased from 800,000 points to 1,000,000 points. The method will be changed from accumulating points until retirement and delivering shares upon retirement to delivering shares after the end of the performance period, with transfer restrictions applying until retirement. The performance metrics will be relative TSR and the ROIC spread.
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。
| Item | Details |
|---|---|
| Changes this time | The performance-linked stock compensation plan will continue, with the annual contribution limit increased from ¥1,250 million to ¥1,600 million and the limit on variable points per fiscal year increased from 800,000 points to 1,000,000 points. The method will be changed from accumulating points until retirement and delivering shares upon retirement to delivering shares after the end of the performance period, with transfer restrictions applying until retirement. The performance metrics will be relative TSR and the ROIC spread. |
Items this document does not state (7)
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 encourage the holding of actual shares during the term of office and promote greater sharing of value with shareholders. Also, to clarify the linkage between compensation and performance and share value, and heighten awareness of the need to contribute to improved performance and increased corporate value over the medium to long term.