Introduction of a performance-linked stock compensation plan
First written in FY2017-Q2. 3 of 12 entries say "Restated". Latest entry: FY2026.
36 other companies' latest entry also says "Other".
- FY2026Performance-linked metric exceeded targetAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥1,800 million, while actual results were ¥1,982 million.」
For performance-linked stock compensation based on consolidated ordinary profit, actual results were ¥1,982 million against the ¥1,800 million target. - FY2025Performance-linked metric target raisedAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥1,200 million, while actual results were ¥1,167 million.」
For performance-linked stock compensation based on consolidated ordinary profit, the target was raised from ¥1,100 million in the previous fiscal year to ¥1,200 million, while actual results were ¥1,167 million. - FY2024Performance-linked metric target raised but not achievedAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥1,100 million, while actual results were ¥935 million.」
For performance-linked stock compensation based on consolidated ordinary profit, the target was raised from ¥570 million in the previous fiscal year to ¥1,100 million, while actual results were ¥935 million. - FY2023Failure to meet performance-linked targetsAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥570 million, while actual results were a loss of ¥191 million.」
For the consolidated ordinary profit metric under the performance-linked stock compensation plan, actual results were a loss of ¥191 million against the ¥570 million target. - FY2022Performance-linked metric fell short of target; plan continued after revisionAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥1,100 million, while actual results were ¥545 million.」
For the revised consolidated ordinary profit metric under the performance-linked stock compensation plan, actual results were ¥545 million against the ¥1,100 million target. - FY2021Performance-linked metric exceeded targetAnnual report
「The target for the metric for performance-linked stock compensation for the fiscal year was ¥750 million, while actual results were ¥872 million.」
For the consolidated ordinary profit metric under the performance-linked stock compensation plan, actual results were ¥872 million against the ¥750 million target. - FY2020-Q3RestatedAnnual report
「At the 20th Annual General Meeting of Shareholders held on 28 June 2016, the company resolved to introduce a performance-linked stock compensation plan, applicable to directors other than outside directors and directors who are Audit and Supervisory Committee members, and executive officers, collectively referred to below as the directors and executive officers. The plan is intended to clarify the linkage between their compensation and the company's share value, ensure that they share with shareholders not only the benefits of a rising share price but also the risks of a declining share price, and heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company reconfirmed the purpose and structure of the performance-linked stock compensation plan for directors and executive officers. - FY2019Performance metric fell short of target disclosedAnnual report
「The metric for performance-linked stock compensation is the achievement rate for consolidated ordinary profit announced at the beginning of the fiscal year. The reason for selecting this metric is that it represents the company's recurring profit, or the profit generated by its core business activities. The target for the metric for the fiscal year was ¥2,010 million, while actual results were ¥1,544 million.」
The company disclosed that actual consolidated ordinary profit of ¥1,544 million fell short of the ¥2,010 million target under the performance-linked stock compensation plan. - FY2018RestatedAnnual report
「At the 20th Annual General Meeting of Shareholders held on 28 June 2016, the company resolved to introduce a performance-linked stock compensation plan, applicable to directors other than outside directors and directors who are Audit and Supervisory Committee members, and executive officers, collectively referred to below as the directors and executive officers. The plan is intended to clarify the linkage between their compensation and the company's share value, ensure that they share with shareholders not only the benefits of a rising share price but also the risks of a declining share price, and heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company reconfirmed the purpose and structure of the performance-linked stock compensation plan for directors and executive officers. - FY2017RestatedAnnual report
「At the 20th Annual General Meeting of Shareholders held on 28 June 2016, the company resolved to introduce a performance-linked stock compensation plan, applicable to directors other than outside directors and directors who are Audit and Supervisory Committee members, and executive officers, collectively referred to below as the directors and executive officers. The plan is intended to clarify the linkage between their compensation and the company's share value, ensure that they share with shareholders not only the benefits of a rising share price but also the risks of a declining share price, and heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company reconfirmed the purpose and scope of the performance-linked stock compensation plan in its annual disclosure. - FY2017-Q3AdvancedAnnual report
「In connection with the introduction of this plan during the second quarter, Japan Trustee Services Bank, Ltd. acquired 308,200 shares of the company's stock.」
The company disclosed the trust's acquisition of 308,200 shares and their accounting as treasury stock under the performance-linked stock compensation plan. - FY2017-Q2First statedAnnual report
「At the 20th Annual General Meeting of Shareholders held on 28 June 2016, the company resolved to introduce a performance-linked stock compensation plan, applicable to directors other than outside directors and directors who are Audit and Supervisory Committee members, and executive officers, collectively referred to below as the directors and executive officers. The plan is intended to clarify the linkage between their compensation and the company's share value, ensure that they share with shareholders not only the benefits of a rising share price but also the risks of a declining share price, and heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company introduced a plan under which shares are delivered to directors and executive officers based on points awarded according to performance achievement and other factors. The trust acquired 75,800 shares.