{"id":46405,"date":"2026-05-11T14:10:17","date_gmt":"2026-05-11T05:10:17","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4403-20260511-03_wp_corporate_restructuring\/"},"modified":"2026-05-11T14:10:17","modified_gmt":"2026-05-11T05:10:17","slug":"4403-20260511-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4403\/ir\/4403-20260511-03_wp_corporate_restructuring\/","title":{"rendered":"\u3010Company Name\u3011Revision of Stock Compensation System and Proposal at the General Meeting of Shareholders\uff5cMay 2026"},"content":{"rendered":"<p>Our company has resolved to partially revise its performance-linked stock compensation system and plans to submit the transfer to a Stock Ownership Trust (BBT-RS) for approval at the general meeting of shareholders. The system revision aims to enhance corporate value over the medium and long term.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4403","jir_company_name":"Nitchu (Nippon Oil Corporation)","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-05-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/4403-20260511-03.pdf","jir_short_summary":"Our company has resolved to partially revise its performance-linked stock compensation system and plans to submit the transfer to a Stock Ownership Trust (BBT-RS) for approval at the general meeting of shareholders. The system revision aims to enhance corporate value over the medium and long term.","jir_summary":"### Overview of the System Revision\nOur company plans to propose at the general meeting of shareholders a partial revision of the performance-linked stock compensation system introduced in 2019, transitioning to a Stock Ownership Trust (BBT-RS). The new system aims to clarify the link between director compensation, corporate performance, and stock value, and to share the benefits and risks of stock price appreciation with shareholders. The details include the system structure, trust period, points allocation limits, and restrictions on stock transfer during service terms and voting rights exercisess.\n\n### Impact on Shareholders and Future Outlook\nThe system revision will improve transparency of executive stock compensation and strengthen long-term incentives, thereby promoting enhanced corporate value. After approval at the shareholders' meeting, the transition to the new system and points allocation will be implemented, with regulations on stock transfer restrictions and procedures at trust conclusion. This is expected to contribute to shareholder value enhancement and sustainable corporate growth.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#Nitchu #IRSystemRevision #JapanStocks","jir_key_figures":"Points allocation limit: 54,000 points (per fiscal year)\nTrust fund amount: 180 million yen (set in August 2019)\nUpper limit of shares based on points: 162,000 shares","jir_meta_title":"\u3010Company Name\u3011Revision of Stock Compensation System\uff5cMay 2026","jir_meta_description":"Our company has resolved to partially revise its stock compensation system and to submit it at the general meeting of shareholders. 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