Penta-Ocean Construction Co., Ltd.
Announcement of Revision of Executives’ Compensation System | May 8, 2026
Yok Yoshin Construction has approved a partial revision of its executives' compensation system, increasing the equity-based compensation ratio to promote mid- to long-term corporate value enhancement. The proposal is scheduled to be submitted at the shareholders' meeting in June 2026.
Key Figures
- Equity-based compensation ratio: increased to 30% (from 10%)
- Points granted limit: 1,800,000 points
- Contribution amount: 3,000 million yen (additional contribution possible)
AI要約
Overview of the Compensation System for Directors and Officers
Yok Yoshin Construction resolved to partially revise its compensation system for directors and officers at the Board of Directors meeting held on May 8, 2026. The revision is scheduled for submission at the shareholders' meeting on June 24, 2026. Under the new system, 50% of short-term incentive compensation will be replaced with equity compensation, aiming to promote the mid- to long-term improvement of corporate value. The composition ratio of compensation has been reviewed to adjust the balance between fixed and performance-linked compensation. The purpose of the system is to strengthen motivation for directors and officers to enhance corporate value.
Details of the System and Future Outlook
Under the new system, outside directors will only receive fixed compensation, with no performance-linked compensation. The introduction of a point-based share delivery trust aims to strengthen mid- to long-term performance-linked compensation for officers. Once formally decided at the June 2026 shareholders' meeting, the system will be implemented, targeting both corporate value improvement and shareholder returns.
Yok Yoshin Construction Co., Ltd.
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