Fixed cash compensation reflecting roles and performance, with recommendations from outside directors
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 2 of 12 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The total remuneration for directors and Audit & Supervisory Board members is capped, pursuant to a resolution at the Annual General Meeting of Shareholders held on 28 April 2023, at ¥70 million per year for directors, including no more than ¥5 million for outside directors, and ¥30 million per year for Audit & Supervisory Board members, including no more than ¥5 million for outside Audit & Supervisory Board members.」
We continue to maintain a policy of fixed cash compensation reflecting roles, performance and level of contribution, together with remuneration limits approved by the General Meeting of Shareholders. - FY2024RestatedAnnual report
「As its basic policy for sustainable growth and enhancing corporate value over the medium to long term, the Company sets directors' compensation at a level that appropriately reflects the roles and functions expected of each director, performance in each period, contribution and the time required to perform duties, and provides compensation that enables it to secure the talent essential to sustainable growth.」
We continue to maintain a policy of fixed cash compensation that reflects roles, performance, level of contribution and time spent performing duties, in order to secure the necessary personnel. - FY2023First statedAnnual report
「As its basic policy for sustainable growth and enhancing corporate value over the medium to long term, the Company sets directors' compensation at a level that appropriately reflects the roles and functions expected of each director, performance in each period, contribution and the time required to perform duties, and provides compensation that enables it to secure the talent essential to sustainable growth.」
The Company has for the first time identified as a theme its basic policy on directors' compensation, which reflects their roles and functions, performance, contribution and time spent performing duties, and secures the talent required for sustainable growth. It states that compensation consists solely of fixed monetary compensation and is determined following consultation with and recommendations from outside directors.