Sekisui Jushi Corporation [4212.T]
TOKYO, May 19 (Pulse News Wire) – Sekisui Jushi Corporation (4212.T) announced plans to amend director compensation effective June 25, 2026, during its board meeting held. The proposed changes will be presented at the upcoming 92nd Ordinary General Meeting of Shareholders scheduled for June 25, 2026.
Under the proposal, monetary compensation for directors will increase from up to ¥400 million per annum (including ¥50 million for outside directors) to up to ¥300 million per annum (including ¥50 million for outside directors). Additionally, the amount of restricted stock grants and the number of shares granted annually will also rise from up to ¥50 million per annum (including ¥8 million for outside directors) and up to 12.00 billion shares per annum (with a limit of 2,000 shares for outside directors) to up to ¥150 million per annum (including ¥10 million for outside directors) and up to 38.00 billion shares per annum (also capped at 2,000 shares for outside directors).
The amendments aim to enhance the alignment between the company's mid-term performance and shareholder value with director share-based compensation, promoting greater value-sharing with shareholders while maintaining overall compensation levels.
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