TOKYO, May 26 (Pulse News Wire) – Anicom Holdings,inc. (8715.T) announced today that its board of directors approved a revised executive compensation plan aimed at enhancing long-term corporate value and fostering closer alignment with shareholders.
The new plan, set to be presented at the company’s 26th annual general meeting scheduled for June 24, includes introducing short-term incentives (STI) and long-term incentives (LTI). Under the new structure, compensation will consist of fixed salaries, STI, and LTI in a ratio of approximately 7:1:2. The STI component will be based on achieving annual consolidated ordinary profit targets, while the LTI will comprise restricted stock units (RSUs) and performance share units (PSUs) in equal parts.
The PSUs will be tied to key performance indicators such as return on equity (ROE) and employee engagement metrics. Additionally, the company seeks shareholder approval to implement the new LTI framework, which involves granting executives either shares or cash equivalents convertible into shares. Shares granted under this scheme will be subject to vesting restrictions until the executives' departure.
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