Executive Compensation Policy Centered on Fixed Pay
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: 2026-07-01.
0 other companies' latest entry also says "Cited as achieved".
- 2026-07-01Cited as achievedEarnings presentation
「As stated in the representative message of the new Medium-Term Management Plan, Project Phoenix II, since 2023 the representative director has managed the company with executive compensation of ¥0, that is, without compensation.」
The company stated that the representative director has received no compensation since 2023, describing the current executive compensation arrangement. - FY2024RestatedAnnual report
「The basic policy is for the Company’s director compensation system to consist primarily of fixed compensation so that it contributes steadily to the sustained enhancement of corporate value over the long term, with individual directors’ compensation set at appropriate levels based on their respective responsibilities. Specifically, compensation for both executive directors and outside directors responsible for supervisory functions consists solely of basic fixed compensation.」
The Company continues its policy of structuring director compensation solely as basic fixed compensation. - FY2023RestatedAnnual report
「The basic policy is for the Company’s director compensation system to consist primarily of fixed compensation so that it contributes steadily to the sustained enhancement of corporate value over the long term, with individual directors’ compensation set at appropriate levels based on their respective responsibilities. Specifically, compensation for both executive directors and outside directors responsible for supervisory functions consists solely of basic fixed compensation.」
The Company continues its policy of structuring director compensation solely as basic fixed compensation. - FY2022RestatedAnnual report
「The basic policy is for the Company’s director compensation system to consist primarily of fixed compensation so that it contributes steadily to the sustained enhancement of corporate value over the long term, with individual directors’ compensation set at appropriate levels based on their respective responsibilities. Specifically, compensation for both executive directors and outside directors responsible for supervisory functions consists solely of basic fixed compensation.」
The Company continues its policy of structuring director compensation solely as basic fixed compensation. - FY2021First statedAnnual report
「The basic policy is for the Company’s director compensation system to consist primarily of fixed compensation so that it contributes steadily to the sustained enhancement of corporate value over the long term, with individual directors’ compensation set at appropriate levels based on their respective responsibilities.」
The Company has disclosed a policy under which director compensation consists solely of basic fixed compensation, with the specific amounts determined by the Representative Director based on responsibilities and the Company’s management conditions, among other factors.