Komori
Governance9507Shikoku Electric Power Company,IncorporatedElectricity and gas

Notice Regarding Partial Revision of the Share-Based Compensation Plan

The stock-based compensation plan for directors and others will be reviewed, with the annual cap on points granted increased and the plan changed so that no monetary cap is set on contributions to the trust. The proposed changes will be submitted to the Annual General Meeting of Shareholders scheduled for 25 June 2026.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
72000
Points/year (of which 50,000 points are for directors)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The proportion of stock-based compensation in the total compensation of directors and others will be increased, as will the annual cap on the number of points. In addition, no monetary cap will be set on funds contributed to the trust, and specific methods for calculating the amount of compensation and other payments under this plan will be established.

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 proportion of stock-based compensation in the total compensation of directors and others will be increased, as will the annual cap on the number of points. In addition, no monetary cap will be set on funds contributed to the trust, and specific methods for calculating the amount of compensation and other payments under this plan will be established.
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 strengthen the linkage between the compensation of directors and others and the Company's share value, align the interests of shareholders and the Company, and heighten awareness of contributing to improved performance and increased corporate value over the medium to long term. Also, to take into account the impact of share price fluctuations on the number of shares acquired by the trust.

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 Partial Revision of the Share-Based Compensation Plan | Shikoku Electric Power Company,Incorporated (9507) timely disclosure | Komori