Source disclosure: January 21, 2026
Star Mica Holdings Co., Ltd. [2975.T]
TOKYO, Jan 21 (Pulse News Wire) – Star Mica Holdings CO.,LTD. (2975.T) amended its equity-based compensation plan for executives, excluding audit committee members and outside directors, and introduced a similar program for audit committee members.
The changes aim to enhance long-term corporate value and align interests with shareholders. At today's board meeting, the company decided to modify the existing five-year equity incentive scheme to a continuous annual grant system without a fixed term. Additionally, the compensation framework for non-audit committee executives will be adjusted to a yearly limit of ¥500 million, while the equity-linked remuneration ceiling for audit committee members will be set at ¥10 million annually.
Shareholder approval for these measures is sought at the upcoming Extraordinary General Meeting scheduled for Feb 20. Under the revised structure, eligible executives will receive restricted stock units based on cash awards within defined limits. Each executive must contribute their entire award through physical capital investment to obtain the restricted shares.
The number of shares granted per annum is capped at 290,000 for regular executives and 10,000 for audit committee members, subject to adjustments due to corporate actions such as share splits or consolidations.
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