Performance-linked executive compensation structure
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2022.
Nankai Tatsumura Construction moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
18 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「To establish a compensation structure aimed at sustainably increasing corporate value and promoting management focused on share price, the company resolved at a Board of Directors meeting held on 26 February 2021 a policy concerning the determination of individual compensation and other remuneration for directors.」
The company reorganized its previous policy on performance-linked executive compensation as a policy for determining individual compensation focused on corporate value and share price, and applies a coefficient linked to the previous fiscal year's performance to executive officers who concurrently serve as directors. - FY2018RestatedAnnual report
「The company introduced a performance-linked executive compensation structure to promote management focused on corporate value and share price and to strengthen incentives to improve performance.」
The company continues to maintain a performance-linked compensation structure focused on corporate value, share price and incentives to improve performance. - FY2017First statedAnnual report
「The company abolished its executive retirement bonus scheme, which had been heavily seniority-based, effective 31 March 2004, and introduced a performance-linked executive compensation structure to promote management focused on corporate value and share price and to strengthen incentives to improve performance.」
The company abolished its executive retirement bonus scheme and adopted a compensation structure focused on corporate value, share price and incentives to improve performance.