Komori
Governance9990SAC'S BAR HOLDINGS INC.Retail

Notice Concerning the Introduction of a Restricted Stock Compensation Plan and the Abolition of the Executive Retirement Benefit Plan

A proposal to introduce a restricted stock compensation plan and discontinue the directors' retirement bonus plan will be submitted to the General Meeting of Shareholders. The portion corresponding to the period covered by the retirement bonus plan will be paid in a lump sum when incumbent directors retire.

Worth reading
62In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30
¥ million (annual cap for directors' restricted stock compensation, including outside directors)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Committee1
Nomination and Compensation Advisory Committee
Changes this time

A proposal to introduce a restricted stock compensation plan and discontinue the directors' retirement bonus plan will be submitted to the Annual General Meeting of Shareholders scheduled for 25 June 2026.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
CommitteeNomination and Compensation Advisory Committee (proportion of outside members: not disclosed)
Changes this timeA proposal to introduce a restricted stock compensation plan and discontinue the directors' retirement bonus plan will be submitted to the Annual General Meeting of Shareholders scheduled for 25 June 2026.
Items this document does not state (5)
Number 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.

The restricted stock compensation plan is intended to provide directors with an incentive to enhance corporate value and promote the sharing of value with shareholders. The retirement bonus plan is being discontinued as part of a review of the executive compensation system to 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.
Notice Concerning the Introduction of a Restricted Stock Compensation Plan and the Abolition of the Executive Retirement Benefit Plan | SAC'S BAR HOLDINGS INC. (9990) timely disclosure | Komori