Infroneer (TYO:5076) said that it has revised its performance-linked stock compensation plan for directors and executive officers, according to a Tuesday filing on the Tokyo Stock Exchange.
The Japan-based infrastructure services company said that the new expanded plan will include additional eligible companies to strengthen its focus on long-term corporate value and shareholder returns.
The compensation committee approved the changes on Tuesday, under which multiple evaluation periods will run concurrently, replacing the three-year lump-sum grant structure.
The revised plan aligns shareholder value with executive compensation, ensuring sustainable growth, the filing said.