Worth reading
59In focus
Scored from 1 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
70
¥ million (increase in compensation cap)Wording
Conditional
How definitive the wording is.Governance structure
Committee1
Compensation Advisory Committee: at least half of its members are independent outside directors
Changes this time
For restricted stock compensation for directors, the annual cap on monetary compensation claims will be revised from ¥30 million to ¥100 million. Outside directors will not be eligible. The total number of common shares to be issued or disposed of will remain unchanged at no more than 25,000 shares per year.
| Item | Details |
|---|---|
| Committee | Compensation Advisory Committee: at least half of its members are independent outside directors |
| Changes this time | For restricted stock compensation for directors, the annual cap on monetary compensation claims will be revised from ¥30 million to ¥100 million. Outside directors will not be eligible. The total number of common shares to be issued or disposed of will remain unchanged at no more than 25,000 shares per year. |
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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 enable flexible adjustments to the proportion of stock-based compensation in response to future changes in economic conditions, to secure outstanding management talent capable of driving the Company's sustainable growth, and to further strengthen corporate governance.
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.