TOKYO, May 14 (Pulse News Wire) – Kajima Corporation (1812.T) announced today that its board approved continuing and partially amending its equity-based compensation plan for directors post-transition to an audit committee structure. The changes aim to enhance alignment between executive remuneration and company performance, ensuring executives share stock price risks with shareholders.
Under the revised plan, eligible directors will receive restricted shares based on performance metrics over a three-year period ending March 2029, extendable up to five years. Each director will earn 200,000 points per fiscal year, with point allocation tied to their role and performance targets.
Shares will be delivered annually during the trust term, subject to vesting conditions until retirement. Additionally, Kajima's executive officers will also participate in a similar equity incentive program.
The total funding for the plan is capped at ¥36 billion, sourced through additional contributions to the existing trust fund established in September 2023.
🟡 Confidence: Standard AI-translated content.