KODAMA CHEMICAL INDUSTRY CO.,LTD. [4222.T]
TOKYO, Jun 17 (Pulse News Wire) – Kodama Chemical Industry CO.,LTD. (4222.T) announced plans to introduce performance-based compensation for its executive directors, effective from April 21, 2026.
The board resolution was made during meetings held on April 21, 2026, and May 27, 2026. The proposed changes aim to enhance alignment between executive remuneration and company performance, supporting sustainable growth and improved governance. Under the new system, individual and group performance metrics will determine variable bonuses, with a cap set at ¥100 million per fiscal year for each executive director. The targets are based on mid-term business plan goals for EBITDA.
Bonuses will only be paid out if performance exceeds the set targets, with limits on the percentage increase applied. Four executives will be eligible for these incentives. The proposal will be presented to shareholders at the upcoming annual general meeting scheduled for June 23, 2026. Following shareholder approval, detailed implementation guidelines will be disclosed through securities reports or filings.
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