Executive Compensation Design to Promote Corporate Value Enhancement
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2024.
Edion moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
12 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The standard composition is 60% basic compensation and 40% comprising cash performance-linked compensation and share-based compensation, with the amounts determined through the evaluation procedures described below.」
Revised the description of executive compensation to 60% basic compensation and 40% comprising cash performance-linked compensation and share-based compensation. Individual compensation is resolved by the Board of Directors following deliberation by the Nomination and Compensation Committee. - FY2023AdvancedAnnual report
「Within the respective limits approved by the General Meeting of Shareholders, the standard composition of total cash and share-based compensation is 65% basic compensation, 20% performance-linked compensation and 15% share-based compensation.」
Specified the standard composition of executive compensation as 65% basic compensation, 20% performance-linked compensation and 15% share-based compensation. - FY2021RestatedAnnual report
「Executive compensation comprises basic cash compensation, performance-linked compensation and compensation for the grant of restricted stock, or share-based compensation, with the aim of providing incentives to enhance corporate value, fostering management awareness grounded in the shareholders’ perspective and achieving sustainable growth.」
Reaffirmed the structure combining basic compensation, compensation linked to profit attributable to owners of the parent and restricted stock compensation. - FY2020RestatedAnnual report
「Executive compensation comprises basic cash compensation, performance-linked compensation and share-based compensation, with the aim of providing incentives to enhance corporate value, fostering management awareness grounded in the shareholders’ perspective and achieving sustainable growth.」
Reaffirmed the structure combining basic compensation, performance-linked compensation and restricted stock compensation as incentives to enhance corporate value and achieve sustainable growth. - FY2019First statedAnnual report
「Executive compensation comprises basic cash compensation, performance-linked compensation and share-based compensation, with the aim of providing incentives to enhance corporate value, fostering management awareness grounded in the shareholders’ perspective and achieving sustainable growth.」
The Company first explicitly stated its policy of combining basic compensation, performance-linked compensation and share-based compensation as incentives to enhance corporate value and achieve sustainable growth.