Setting Executive Compensation Levels Using External Compensation Data
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 2 of 12 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「To respond promptly to changes in the external and market environments, the Company sets and determines director compensation levels by using objective compensation survey data and other information from external specialist organizations, benchmarking compensation levels at companies in the same industry, namely the wedding business, and of a similar scale, selected based on market capitalization, operating income and other measures, and conducting relative comparisons and verification.」
The Company continues to disclose its policy of benchmarking compensation using compensation survey data from external specialist organizations and companies in the same industry and of a similar scale. - FY2021First statedAnnual report
「To respond promptly to changes in the external and market environments, the Company sets and determines director compensation levels by using objective compensation survey data and other information from external specialist organizations, benchmarking compensation levels at companies in the same industry, namely the wedding business, and of a similar scale, selected based on market capitalization, operating income and other measures, and conducting relative comparisons and verification.」
The Company first provided a specific description of its policy of conducting relative comparisons and verification of executive compensation levels using survey data from external specialist organizations and benchmarks for companies in the same industry and of a similar scale.