Executive incentives through performance-linked and restricted stock compensation
First written in FY2022. 5 of 7 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
110 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「6 August 2025 (Note) 1 43 259,662 27 23,912 27 25,979 6 August 2025 (Note) 2 130 259,793 81 23,994 81 26,061」
On 6 August 2025, 43 thousand new shares were issued as performance-linked share-based compensation and 130 thousand as restricted stock compensation. - FY2025-H1AdvancedAnnual report
「6 August 2024 (Note) 1 37 259,519 23 23,822 23 25,889 6 August 2024 (Note) 2 99 259,618 63 23,885 63 25,952」
On 6 August 2024, 37 thousand new shares were issued as performance-linked share-based compensation and 99 thousand as restricted stock compensation. This represented the first recorded issuance of share-based compensation following the previous year, when no compensation was granted because the performance targets were not achieved. - FY2024Nonpayment of Performance-Linked CompensationAnnual report
「No grants were made under the aforementioned cash performance-linked compensation or performance-linked stock compensation because the targets for the performance evaluation indicators were not achieved.」
For performance-linked compensation based on operating income of ¥60 billion and net income attributable to owners of the parent of ¥45 billion, neither cash nor share-based compensation was granted for the year because the targets were not achieved. - FY2024-Q2AdvancedAnnual report
「4 August 2023 71 259,481 65 23,798 65 25,865」
The issuance of 71 thousand new shares on 4 August 2023 as restricted stock compensation was recorded as an increase in share capital and capital surplus. - FY2023AdvancedAnnual report
「To clarify the linkage between directors’ compensation, the Company’s performance and the value of its shares, and to further strengthen incentives to achieve the performance targets set out in the Company’s medium-term management plan, the 127th Annual General Meeting of Shareholders held on 29 June 2023 resolved to pay compensation for allocating performance-linked share-based compensation within the compensation limits established by resolutions of the above general meeting.」
Performance-linked share-based compensation progressed from the consideration stage for introducing the system to the resolution to make payments at the Annual General Meeting of Shareholders held on 29 June 2023. - FY2023-Q1AdvancedAnnual report
「The issuance of new shares as restricted stock compensation dated 9 August 2022 increased the total number of issued shares by 73,244 as of the filing date.」
As of the filing date, 73,244 new shares had been issued under the restricted stock compensation system. - FY2022First statedAnnual report
「Directors’ compensation consists of three types: fixed compensation, performance-linked compensation as a short-term incentive, and restricted stock compensation as a medium- to long-term incentive.」
The compensation system was specified as comprising compensation linked to operating income and net income attributable to owners of the parent, together with restricted stock compensation intended to promote value sharing with shareholders.