The Musashino Bank, Ltd. [8336.T]
TOKYO, May 11 (Pulse News Wire) – The Musashino Bank,ltd. (8336.T) announced revisions to its director stock compensation program during a board meeting held.
The changes aim to enhance directors' long-term performance improvement and corporate value growth contributions. Under the revised plan, which will be presented for approval at the upcoming 103rd Annual General Meeting scheduled for June 25, 2026, eligible directors will receive shares based on their roles and achievement levels annually rather than upon retirement. Previously, shares were awarded exclusively at the time of resignation.
Additionally, transferred shares will be subject to restrictions until the respective director's departure. The bank’s existing program, introduced in fiscal 2016, remains largely unchanged except for these modifications. Directors who are audit committee members, external directors, or overseas residents are excluded from the revised scheme.
Details of the initial implementation in 2016 can be found in the notice published on May 13, 2016.
🟢 Confidence: High AI-translated content.