Aligning Interests through Performance-Linked Compensation and Executive Shareholding Associations
First written in FY2017. 5 of 10 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company decided to introduce a system under which eligible employees among employees of its subsidiaries who participate in the employee shareholding association may acquire, through the association, common shares issued or disposed of by the Company as restricted stock. The purposes are to help eligible employees build assets, strengthen unity across the expanding Group and thereby improve engagement and sustainably enhance corporate value, and further promote value sharing between eligible employees and the Company's shareholders.」
The Group reaffirmed the purpose of its restricted stock plan for employees and value sharing with shareholders, and disclosed a planned allocation of 35,124 shares. - 2026-06-02RaisedGeneral Meetings of Shareholders
「We would like to revise the remuneration limit for directors, excluding directors who are Audit and Supervisory Committee members, to an annual amount of no more than ¥400 million, excluding salaries for employee duties.」
As an agenda item for the annual general meeting of shareholders, the company proposes raising the annual limit on director remuneration from ¥200 million to ¥400 million. - FY2026-H1AdvancedAnnual report
「At a meeting held on 21 May 2025, the Board of Directors resolved to introduce a system under which eligible employees among Group employees participating in the employee shareholding association may acquire, through the association, common shares issued or disposed of by the Company as restricted stock. The purposes are to help eligible employees build assets, strengthen unity across the expanding Group and thereby improve engagement and sustainably enhance corporate value, and further promote value sharing between eligible employees and the Company's shareholders.」
Following completion of the disposal of restricted stock compensation for directors, the Group introduced a restricted stock plan for the employee shareholding association and completed the disposal procedures for 26,292 shares. The scope of value sharing with shareholders has been expanded to employees. - FY2025-H1AdvancedAnnual report
「At a meeting held on 20 May 2024, the Board of Directors resolved to introduce a compensation system under which restricted stock is allotted to the Company's directors, referred to below as “eligible directors.” The purpose is to promote the sharing of value with shareholders by further motivating eligible directors to contribute to their respective roles, including achieving the medium-term management plan and sustainable growth, preventing damage to corporate value and maintaining trust, from the perspective of enhancing shareholder value, and to improve the Company's social standing through stronger internal governance.」
Following the completion of the disposal of restricted stock compensation for directors, the Group introduced a restricted stock plan for the employee shareholding association and completed the disposal procedures for 3,070 shares on 25 July 2024. The scope of value sharing with shareholders has been expanded to employees. - FY2023AdvancedAnnual report
「Compensation structure: In addition to fixed compensation, comprising base compensation, and short-term incentives, comprising performance-linked compensation, the Group newly established stock acquisition compensation as a medium- to long-term incentive, with contributions to the directors' shareholding association intended to increase directors' shareholdings. Under standard performance, the proportions of total compensation are approximately 60% fixed compensation, 30% short-term incentives and 10% medium- to long-term incentives.」
In addition to existing performance-linked compensation, the Group newly established stock acquisition compensation and specified the proportions of fixed, short-term and medium- to long-term compensation. - FY2021AdvancedAnnual report
「At a meeting held on 12 February 2021, the Board of Directors adopted a policy governing the content of individual compensation and other remuneration for directors, excluding directors who are Audit and Supervisory Committee members, hereinafter referred to as “directors.”」
The Board of Directors formally adopted a policy governing individual compensation and specified that short-term incentives linked to net sales and operating profit account for approximately 10% to 30% of compensation. - FY2020AdvancedAnnual report
「In addition to fixed compensation, management receives short-term incentive compensation based on prescribed criteria and evaluations, according to performance against targets for consolidated and responsible-business net sales and operating profit and the level of contribution to operations. Incentive compensation accounts for approximately 20% to 30% of total compensation.」
The Group has specified short-term incentives linked to net sales and operating profit, which account for approximately 20% to 30% of compensation for performance-linked pay. Consultation with and deliberation by the Corporate Governance Committee are also incorporated. - FY2019SoftenedAnnual report
「No specific indicators or other criteria have been established for the current fiscal year, but the matter is to be considered by the Corporate Governance Committee going forward.」
The Group explained that its existing policy of considering operating profit, net income and other measures for performance-linked compensation remains in place, while no specific indicators had been established as of the current fiscal year. - FY2018RestatedAnnual report
「Directors' compensation comprises fixed compensation calculated based on employee compensation structures and levels, together with incentive compensation. Taking into comprehensive consideration performance against targets such as operating profit and net income, as well as the medium-term management plan, the Board of Directors submits a proposal for executive bonuses to the General Meeting of Shareholders when it determines, based on prescribed criteria, that this is appropriate. As a long-term incentive, the Group encourages participation in the directors' shareholding association and increases the contribution limits under the scheme, thereby seeking to share risks and benefits with shareholders and enhance corporate value through medium- to long-term growth.」
The Group has reaffirmed its compensation policy of providing bonuses that take account of performance against targets and the medium-term management plan, and sharing interests with shareholders through the directors' shareholding association. - FY2017First statedAnnual report
「Directors' compensation comprises fixed compensation calculated based on employee compensation structures and levels, together with incentive compensation. Taking into comprehensive consideration performance against targets such as operating profit and net income, as well as the medium-term management plan, the Board of Directors submits a proposal for executive bonuses to the General Meeting of Shareholders when it determines, based on prescribed criteria, that this is appropriate. As a long-term incentive, the Group encourages participation in the directors' shareholding association and increases the contribution limits under the scheme, thereby seeking to share risks and benefits with shareholders and enhance corporate value through medium- to long-term growth.」
The Group's compensation policy provides for bonuses that take account of performance against targets and the medium-term management plan, as well as sharing risks and benefits with shareholders through the directors' shareholding association.