Executive Compensation Reform Focused on Introducing Equity Compensation and Enhancing Global Competitiveness
First written in FY2025. 2 of 6 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
6 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The value of the Company’s shares has risen steadily and is now well above that amount. Because total compensation under each share compensation plan is expected to exceed the applicable cap, the Company decided to submit a proposal concerning revisions to share compensation for fiscal 2025 to the 8th annual general meeting of shareholders scheduled for 25 June 2026.」
Following the rise in the share price, the proposal revises the RSU and PSU compensation caps to be share-price-linked and changes the award ratio from 45% to a range of 45% to 100%. - FY2026-H1AdvancedAnnual report
「Capital surplus increased by ¥697 million through the grant of units under the service-based and performance-linked share compensation plans.」
Units were granted under the share compensation plans approved in the previous fiscal year, and the resulting increase in capital was reflected in the accounts. - FY2025First statedAnnual report
「The Company reviewed its executive compensation system, resolved to introduce service-based share compensation and performance-linked share compensation, collectively referred to as share compensation, and decided to submit proposals concerning share compensation to the 7th annual general meeting of shareholders scheduled for 27 June 2025.」
The policy introduces RSUs and PSUs combining fixed compensation, single-year performance, multi-year performance and share price, and continued service.