Daicel Introduces Performance-Based Stock Plan for Directors to Align Pay with Long-Term Goals

Daicel ( (JP:4202) ) has issued an announcement.

Daicel Corporation has approved the introduction of a performance-based stock compensation plan for its internal directors, aiming to align their interests more closely with shareholders and to incentivize sustainable growth in corporate value. The plan, structured as a Performance Share Unit scheme, is separate from existing compensation frameworks and will be submitted for shareholder approval at the June 19, 2026 general meeting.

Under the new plan, Daicel will grant monetary compensation claims convertible into common shares based on performance over multi-year evaluation periods, initially covering fiscal years ending March 2027 to 2031. The scheme caps total monetary claims at ¥610 million and total shares at 210,000 over any five fiscal years, with awards tied to consolidated metrics such as net sales, EBITDA, ROIC, and ESG indicators including GHG emissions reduction and occupational safety, reinforcing a long-term, performance-linked governance structure.

The most recent analyst rating on (JP:4202) stock is a Hold with a Yen1400.00 price target. To see the full list of analyst forecasts on Daicel stock, see the JP:4202 Stock Forecast page.

More about Daicel

Daicel Corporation is a Japanese chemical manufacturer listed on the Prime Market of the Tokyo Stock Exchange, known for producing a range of chemical products and advanced materials. The company focuses on sustainable growth of corporate value and aligns executive incentives with long-term business performance and shareholder interests.

Average Trading Volume: 1,157,262

Technical Sentiment Signal: Hold

Current Market Cap: Yen324.6B

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