At Omron, stock incentives are meant to "align management, employees and shareholders", said Hitoshi Tanimura, senior general manager at the human resources department.
At ANA, employees must hold on to their shares for three years before they can sell or transfer them, said Shintaro Takano, a general administration executive. Stock-based compensation, mainly for managers, became popular after former Prime Minister Shinzo Abe introduced corporate governance reforms nearly 10 years ago that made such incentives more tax deductible.
Cross-shareholdings have drawn criticism from international investors and companies are under pressure from the regulator to unwind them as soon as possible.
Belgique Dernières Nouvelles, Belgique Actualités
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