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  "documentTitle": "Kao Corporation (4452.JP)",
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  "notes": "Includes a quote from PGGM Investments opposing the compensation plan.",
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      "text": "With less than a third of long-term pay tied to business growth the new compensation scheme - aligned with K27's flawed targets - fails to link management incentives to long-term performance metrics essential for a successful turnaround.",
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      "text": "long-term incentive plan: 30.0%",
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      "text": "At its March 2024 AGM, Kao introduced a new executive compensation scheme to align with K27. With less than a third of long-term pay tied to business growth the new compensation scheme - aligned with K27's flawed targets - fails to link management incentives to long-term performance metrics essential for a successful turnaround.",
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