TOKYO, Mar 17 (Pulse News Wire) – Yamatane Corporation (9305.T) announced today that its board meeting held on March 17 approved amendments to the director compensation plan. The revised plan aims to enhance performance alignment and strengthen value-sharing with shareholders through increased performance-linked remuneration ratios, introduction of key performance indicators such as Return on Equity (ROE) and Return on Invested Capital (ROIC), and establishment of a new performance-linked restricted stock grant program.
The amended plan includes three components: fixed remuneration based on role and responsibility, short-term incentive payments tied to annual financial metrics, and long-term incentives in the form of equity grants. The ratio of cash to equity-based compensation for directors will shift from the current structure of approximately 50% cash and 50% equity to around 40% cash and 60% equity post-amendment.
Additionally, the plan introduces ROE and ROIC as formal evaluation criteria for executive compensation, reflecting the company's focus on sustainable capital efficiency and profitability. The changes will be presented for approval at the upcoming 127th Annual General Meeting scheduled for June 23, 2026.
The company emphasized ensuring the fairness, transparency, and objectivity of the process by incorporating independent external expert advice and conducting thorough reviews within the Nomination and Remuneration Advisory Committee chaired by an independent outside director.
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