Tohoku Electric Power Company, Incorporated

9506.T
Utilities - Renewable
2026/08/21 Updated
Market Cap: $4.1B (¥657.0B)
Stock Price: $8.25 (¥1,312)
Exchange Rate: 1 USD = ¥158.98

Tohoku Electric Power Continuation of Director Compensation System|June 2026

Tohoku Electric Power has resolved at the Board of Directors meeting on June 25, 2026, to continue the performance-linked stock compensation system and extend the trust period. The system adopts a mechanism that involves acquiring and delivering shares within the trust to promote shared corporate value with officers and enhance long-term performance.

Importance:
Page Updated: June 25, 2026
IR Disclosure Date: June 25, 2026

Key Figures

  • Additional contribution amount: 645 million yen (planned)
  • Trust period: August 24, 2020 – August 31, 2026 (planned extension)
  • Scheduled period for stock acquisition within the trust: August 2026

AI要約

Overview of the System

Tohoku Electric Power has resolved to continue the performance-linked stock compensation system for directors and others. The system is designed to promote shared corporate value and improve medium- to long-term performance by linking officers' compensation with performance and stock value. It involves delivering shares and cash through a trust, with officers receiving shares corresponding to points upon retirement, and the trust period is planned to be extended until August 2026.

Impact and Future Policy

The continuation of this system aims to motivate officers to enhance corporate value and promote value sharing with shareholders. By acquiring stocks and granting points within the trust, the system strengthens incentives for officers and seeks to increase long-term corporate value. Operations will be flexibly managed through extending the trust period and making additional contributions, with plans to deliver shares corresponding to points at the time of officers' retirement.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Tohoku Electric Power Co., Inc.

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