NTT, Inc.
Notice of Additional Monetary Contributions in conjunction with Partial Revision of the Performance-Linked Stock Compensation Plan
In line with a revision of mid-term management strategy, the performance-linked stock compensation plan for directors and executive officers was revised. The target period has been extended to FY 2031, with additional applicability to some major subsidiaries, and monetary contributions will be made. Summary of trust agreement and details of implementation timing and target shares are disclosed.
Key Figures
- Target period: seven fiscal years from March 31, 2025 to March 31, 2031
- Total target shares: 7.22 billion yen (planned)
- Trust period extension: until August 31, 2031 (currently until August 31, 2028; extension planned)
AI要約
Overview of the system revision
NTT decided to partially revise the performance-linked stock compensation system for directors and executive officers, approved at the Board of Directors meeting on May 8, 2026 and at the General Meeting of Shareholders on June 18 of the same year, and will apply the revision. In line with the mid-term management strategy change to FY 2030, the target period was expanded and some major subsidiaries were added for application. The key points of the trust agreement adopt a monetary trust format to grant compensation.
Trust agreement and implementation framework
The trust agreement covers monetary trust other than a single-use monetary trust (other-benefit trust). The settlor is the Company, the trustee is MUFG Trust Bank, Ltd., and the beneficiaries are the targeted directors, etc. The trust period is planned from August 12, 2021 to August 31, 2028, with a planned extension to August 31, 2031. Shares to be acquired will be bought on the market, with total shares to be acquired estimated at 7.22 billion yen.
NTT Limited
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