Clawback and malus provisions for executive compensation
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: 2026-05-18.
3 other companies' latest entry also says "Restated".
- 2026-05-18RestatedGovernance
「If the Board of Directors resolves to make a subsequent correction to financial results due to a material accounting error or misconduct, or if the Board of Directors determines that a material violation contrary to the mandate agreement or other agreement between the Company and an officer occurred during the officer's tenure, the Nomination and Compensation Committee, upon consultation by the Board of Directors, will deliberate on whether to forfeit all or part of the right to receive bonuses and stock-based compensation, or to demand the return of all or part of bonuses and stock-based compensation already paid, and will report its conclusions to the Board of Directors.」
The company reiterated its clawback and malus arrangements covering material accounting errors, misconduct, and breaches of contract. - FY2021First statedAnnual report
「If the Board of Directors resolves to make a subsequent correction to financial results due to a material accounting error or misconduct, or if the Board of Directors determines that a material violation contrary to the mandate agreement or other agreement between the Company and an officer occurred during the officer's tenure, the Nomination and Compensation Committee, upon consultation by the Board of Directors, will deliberate on whether to forfeit all or part of the right to receive bonuses and stock-based compensation, or to demand the return of all or part of bonuses and stock-based compensation already paid, and will report its conclusions to the Board of Directors.」
重大な会計誤り・不正・契約違反時に、賞与・株式報酬の没収または返還を求める報酬ガバナンスを新たに明示している。