Source disclosure: February 09, 2026
JAPAN PULP AND PAPER COMPANY LIMITED [8032.T]
TOKYO, Feb 09 (Pulse News Wire) – Japan Pulp and Paper Company Limited (8032.T) announced today that its board of directors has approved a new equity-based compensation plan aimed at promoting executive shareholding and aligning remuneration with performance targets. Under the scheme, executives will receive monetary rewards which they must contribute entirely to the employee stock holding association to purchase company shares.
The compensation structure includes variable payments based on achieving consolidated ordinary profit goals and key personnel indicators such as male parental leave uptake rate (100%), employee engagement rating (BBB+), education training expenses (three times higher than fiscal 2023), annual paid leave utilization rate (80%), average monthly overtime hours (under 10 hours), and female ratio in management recruitment (30%). Fixed compensation applies to outside directors and auditors regardless of performance.
The new system will take effect from July 2026, subject to approval within the total amount previously decided at the 149th Ordinary General Meeting of Shareholders held on June 29, 2011. Additionally, shares withdrawn from the director's stock holding association must be retained during tenure and for one year post-retirement.
In cases of significant accounting errors or misconduct, the board reserves the right to reduce or withhold future payments and request repayment of past disbursements.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing