Performance-linked and stock-based executive compensation through the Nomination and Compensation Committee
First written in FY2021. 6 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 30 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Decline in shares held in trustAnnual report
「The carrying amount and number of the treasury shares were ¥293 million and 373 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥287 million and 364 thousand shares, respectively, at the end of the current consolidated fiscal year.」
The trust-held shares under the performance-linked share-based compensation plan decreased from 373 thousand to 364 thousand. - FY2026-H1Decline in shares held in trustAnnual report
「The carrying amount and number of the treasury shares were ¥293 million and 373 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥287 million and 364 thousand shares, respectively, during the current interim consolidated accounting period.」
The number of shares held by the share-delivery trust for directors used for the performance-linked share-based compensation plan decreased from 373 thousand at the end of the previous consolidated fiscal year to 364 thousand. - FY2025-H1Decline in shares held in trustAnnual report
「The carrying amount and number of the treasury shares were ¥298 million and 379 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥296 million and 377 thousand shares, respectively, during the current interim consolidated accounting period.」
The number of shares held by the share-delivery trust for directors used for the performance-linked share-based compensation plan decreased from 379 thousand at the end of the previous consolidated fiscal year to 377 thousand. - FY2024-Q3RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥309 million and 393 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥299 million and 380 thousand shares, respectively, during the third quarter of the current consolidated fiscal year.」
The company has continued to disclose that the trust-held shares under the share-delivery trust for directors used for the performance-linked share-based compensation plan totaled 380 thousand. - FY2024-Q2Decline in shares held in trustAnnual report
「The carrying amount and number of the treasury shares were ¥309 million and 393 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥299 million and 380 thousand shares, respectively, during the second quarter of the current consolidated fiscal year.」
The number of shares held by the share-delivery trust for directors used for the performance-linked share-based compensation plan decreased from 393 thousand at the end of the previous consolidated fiscal year to 380 thousand. - FY2024-Q1RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥309 million and 393 thousand shares, respectively, at the end of the previous consolidated fiscal year and during the first quarter of the current consolidated fiscal year.」
The company has continued to disclose that the share-delivery trust for directors used for the performance-linked share-based compensation plan held 393 thousand shares. - FY2023-Q3RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥320 million and 407 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥309 million and 393 thousand shares, respectively, during the third quarter of the current consolidated fiscal year.」
The company has continued to disclose that the share-delivery trust for directors used for the performance-linked share-based compensation plan held 393 thousand shares. - FY2023-Q2Decline in shares held in trustAnnual report
「The carrying amount and number of the treasury shares were ¥320 million and 407 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥309 million and 393 thousand shares, respectively, during the second quarter of the current consolidated fiscal year.」
The number of shares held by the share-delivery trust for directors used for the performance-linked share-based compensation plan decreased from 407 thousand at the end of the previous consolidated fiscal year to 393 thousand. - FY2023-Q1RestatedAnnual report
「At the end of the first quarter of the current fiscal year, the carrying amount of the treasury shares was ¥320 million and the number of shares was 407 thousand.」
The company has continued to disclose that the share-delivery trust for directors used for the performance-linked share-based compensation plan held 407 thousand shares. - FY2022RestatedAnnual report
「During the current fiscal year, Sumitomo Mitsui Trust Bank, Limited (re-trustee: Custody Bank of Japan, Ltd. (Trust Account)) acquired 407 thousand of the company’s shares in connection with the introduction of the plan.」
The full-year acquisition of 407 thousand shares through the performance-linked share-based compensation plan and the share-delivery trust for directors has been confirmed. - FY2022-Q3AdvancedAnnual report
「During the nine-month period of the current fiscal year, Sumitomo Mitsui Trust Bank, Limited (re-trustee: Custody Bank of Japan, Ltd. (Trust Account)) acquired 407 thousand of the company’s shares in connection with the introduction of the plan.」
For the performance-linked share-based compensation plan, the company disclosed that the share-delivery trust for directors had acquired 407 thousand of the company’s shares. Acquisitions have progressed from the 323 thousand shares disclosed for FY2022-Q2. - FY2022-Q2AdvancedAnnual report
「During the second quarter of the current fiscal year, Sumitomo Mitsui Trust Bank, Limited (re-trustee: Custody Bank of Japan, Ltd. (Trust Account)) acquired 323 thousand of the company’s shares in connection with the introduction of the plan.」
For the performance-linked share-based compensation plan, the company has progressed from disclosing the resolution to introduce the plan and the trust structure to the actual acquisition of 323 thousand of the company’s shares by the share-delivery trust for directors. - FY2022-Q1RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 29 June 2021, the company resolved to introduce a performance-linked share-based compensation plan for directors other than outside directors. The purpose of the plan is to clarify the linkage between directors’ compensation and the company’s performance and share value, and to increase directors’ awareness of contributing to improved medium- to long-term performance and greater corporate value by sharing with shareholders the benefits and risks arising from share price fluctuations.」
For the performance-linked share-based compensation plan, the company has additionally disclosed the resolution to introduce the plan at the Annual General Meeting of Shareholders and the mechanism for delivering shares through a trust upon retirement. - FY2021First statedAnnual report
「Fixed compensation consists of base compensation, performance-linked compensation and share-based compensation. In light of their supervisory role, outside directors are paid base compensation only.」
Based on the recommendations of the Nomination and Compensation Committee, the company established an executive compensation system combining performance metrics and share-based compensation. Share-based compensation is capped at ¥400 million over 5 fiscal years.