TOKYO, Jun 23 (Pulse News Wire) – Yamatane Corporation (9305.T) amended its Corporate Governance Guidelines following approval at its June 23 extraordinary shareholders meeting. The amendments address changes to director compensation limits, equity grants tied to performance criteria, and post-performance linked restricted stock awards for non-audit committee directors.
Details of the revised policy were approved during an emergency board meeting held immediately after the shareholder assembly. The updated guidelines aim to enhance corporate value through improved director accountability and stakeholder engagement.
Specifics of the changes are outlined in the attached document and will also be posted on the company's website. In addition, Yamatane’s capital policy remains focused on long-term revenue expansion and financial strength while maintaining stable dividend payouts.
The firm targets a self-funded net income rate (ROE) and dividend payout ratio aligned with shareholder value preservation and growth.
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