Nitto Denko Alters Share-Based Pay Plan as It Shifts to New Incentive Scheme

Nitto Denko ( (JP:6988) ) just unveiled an announcement.

Nitto Denko has decided to abolish its existing medium-term performance-linked share-based remuneration plan after the completion of the April 2025 to March 2028 evaluation period, as it transitions to a new performance-linked restricted share remuneration system. As a transitional measure, the current share-based scheme will continue to apply for the April 2024 to March 2027 and April 2025 to March 2028 evaluation periods to ensure continuity in director incentives.

Following the appointment of Hideo Takasaki as Chairman on April 1, 2026, the company’s board has amended the current plan to formally set the Chairman’s base grant at 27,000 shares, equal to that of the President, for both remaining evaluation periods. This adjustment clarifies long-term incentive levels for top management and aligns the Chairman’s equity-based remuneration with existing executive roles, supporting governance transparency during the transition to the new system.

The most recent analyst rating on (JP:6988) stock is a Buy with a Yen4600.00 price target. To see the full list of analyst forecasts on Nitto Denko stock, see the JP:6988 Stock Forecast page.

More about Nitto Denko

Nitto Denko Corporation is a Japan-based diversified materials manufacturer listed on the Tokyo Stock Exchange Prime Market. The company develops and supplies a wide range of industrial materials and functional products, serving sectors such as electronics, automotive, and infrastructure with a focus on high-value-added, technology-driven solutions.

YTD Price Performance: -12.38%

Average Trading Volume: 3,674,111

Technical Sentiment Signal: Buy

Current Market Cap: Yen2081.3B

For a thorough assessment of 6988 stock, go to TipRanks’ Stock Analysis page.