Source disclosure: February 27, 2026, 14:30 JST
Sumitomo Osaka Cement Co.,Ltd. [5232.T]
TOKYO, Feb 27 (Pulse News Wire) – Sumitomo Osaka Cement CO.,LTD. (5232.T) plans to amend its share incentive program for directors, adding performance-linked elements aimed at boosting long-term corporate value.
The changes will be proposed at the upcoming June shareholders' meeting. Under the revised plan, directors will receive shares based on their roles and achievement of set targets, with a focus on metrics such as ROIC, carbon emissions reduction, employee engagement, and female leadership ratios. The company also intends to extend the program's duration until March 2029, contingent upon shareholder approval.
The amended system involves setting up a trust funded by the company, which will purchase shares to distribute to eligible directors. Key adjustments include extending the trust period through August 2029 and capping annual point allocations per director at 1,000 points. Additionally, the company reserves the right to further extend the program annually for up to five-year increments, subject to board approval.
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