Star Mica Holdings Co., Ltd.
Notice Regarding the Revision of the Restricted Stock Compensation Plan for Directors (Excluding Directors Serving as Audit and Supervisory Committee Members and Outside Directors) and the Introduction of a Restricted Stock Compensation Plan for Directors Serving as Audit and Supervisory Committee Members
The plan period for the restricted stock compensation system for directors has been abolished and changed to continuous grants, with an annual monetary compensation limit set at 500 million yen. A new system will also be introduced for directors serving as audit and supervisory committee members with stock grants limited to 10 million yen annually (to be submitted at the February 20, 2026 shareholders meeting).
Key Figures
- Monetary compensation limit for directors: Within 500 million yen annually (excluding employee portion for director concurrently serving as employee)
- Total number of restricted shares allocated (directors): Within 290,000 shares annually
- Restricted stock compensation limit for audit and supervisory committee members: Within 10 million yen annually
- Total number of restricted shares allocated (audit and supervisory committee members): Within 10,000 shares annually
- Scheduled shareholders meeting date: 2026-02-20
AI要約
Details of the Revision to the Restricted Stock Compensation Plan
Star Mica Holdings Co., Ltd. has resolved to abolish the previous 5-year term for the restricted stock compensation plan for directors (excluding directors serving as audit and supervisory committee members and outside directors) and revise the system to continuous grants every fiscal year. Along with this, the monetary compensation limit for directors is set at 500 million yen annually, with compensation related to restricted shares capped at 300 million yen annually. The total number of restricted shares allocated will be up to 290,000 shares annually, subject to reasonable adjustment for stock splits and similar events. The restrictions period and conditions for acquisition without remuneration have also been clarified.
Introduction of New System for Directors Serving as Audit and Supervisory Committee Members and Submission to Shareholders Meeting
A new restricted stock compensation plan will also be introduced for directors serving as audit and supervisory committee members to promote value sharing with shareholders and medium-to-long-term corporate value enhancement. Within the existing monetary compensation limit of 60 million yen, a sub-limit of up to 10 million yen annually is allocated for compensation related to restricted shares, with allocated shares capped at 10,000 shares annually. These revisions and the introduction of the new system will be submitted for approval at the 28th annual shareholders meeting scheduled for February 20, 2026, subject to shareholder approval.
