No policy established for determining executive compensation
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: 2026-06-02.
The whole theme swung hardest in 2019: 4 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-06-02RestatedGeneral Meetings of Shareholders
「The remuneration of our directors and audit & supervisory board members consists of basic remuneration, bonuses and retirement benefits.」
The remuneration structure comprising basic remuneration, bonuses and retirement benefits, as well as the policy setting a remuneration limit of ¥100 million, was reiterated. - FY2022RestatedAnnual report
「The remuneration of our directors and audit & supervisory board members consists of basic remuneration, bonuses and retirement benefits.」
The compensation structure consisting of base compensation, bonuses and retirement benefits, and the policy setting the directors' compensation cap at ¥100 million, have continued. - FY2021More specific policy for determining executive compensationAnnual report
「Base compensation is determined annually for each director based on the director's contribution, within the ¥100 million compensation cap approved at the General Meeting of Shareholders held on 27 June 2012. This excludes the salary-equivalent amount for duties performed as an employee by a director who concurrently serves as an employee.」
In addition to the previous explanation of base compensation and bonuses based on profit and other factors, the Company specifically described the decision-making method, including the ¥100 million cap on directors' compensation, determination based on contributions, oversight by outside officers and delegation of the decision to the Representative Director and President. - FY2019ReframedAnnual report
「The Company pays directors and audit & supervisory board members base compensation determined based on their individual responsibilities and contributions, including performance, as well as bonuses based on current-period profit and other factors.」
The description changed from the previous fiscal year's statement that no policy had been established for determining the amount or calculation method of executive compensation to a description of a compensation system involving base compensation and bonuses based on profit and other factors, together with the compensation cap and decision-making procedures. - FY2018First statedAnnual report
「The Company has not established a policy for determining the amount of compensation for officers or the method of calculating it.」
The fact that no policy had been established regarding the amount or calculation method for directors' and audit & supervisory board members' compensation was described for the first time in the corporate governance disclosure.