Policy for Determining Directors’ Compensation and Restricted Stock Compensation
First written in FY2024. 6 of 8 entries say "Advanced", first in FY2025. Latest entry: FY2027-H1.
106 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「As a result of the capital increase through the issuance of new shares as restricted stock compensation, with 26 June 2026 as the payment date, the total number of shares issued increased by 120,000, while share capital and capital reserves each increased by ¥48,720 thousand.」
Regarding the restricted stock compensation approved in the previous fiscal year, 120,000 shares were issued on 26 June 2026 to 4 directors as the recipients, increasing share capital and capital reserves by ¥48,720 thousand each. - FY2026AdvancedAnnual report
「At the Board of Directors meeting held on 28 May 2026, the company resolved to pay total monetary compensation claims of ¥97,440,000 to 4 eligible directors designated as the planned recipients of restricted stock compensation for the period from the 25th Annual General Meeting of Shareholders to the 26th Annual General Meeting of Shareholders, scheduled to be held in May 2027, and to allot 120,000 shares of the company's common stock as specified restricted stock, through the eligible directors contributing all of those monetary compensation claims in kind.」
For restricted stock compensation, the company proceeded to the resolution to issue 120,000 common shares to 4 eligible directors for the next fiscal year, with a total value of ¥97.44 million. - 2026-05-28AdvancedShare Issuance and Disposal
「At a meeting held today, the Board of Directors resolved to pay total monetary compensation claims of ¥97,440,000 to 4 eligible directors designated as the proposed recipients of restricted stock compensation for the period from the Company's 25th Annual General Meeting of Shareholders through the 26th Annual General Meeting of Shareholders, scheduled for May 2027, and to allot 120,000 common shares as specified restricted shares through the eligible directors contributing all of those monetary compensation claims in kind.」
Under the director compensation policy, the Company progressed from a resolution to allot 110,000 restricted shares to a resolution to issue 120,000 new shares as restricted stock compensation to 4 eligible directors. - FY2026-H1AdvancedAnnual report
「Net assets increased by ¥164 million from the end of the previous consolidated fiscal year to ¥2,112 million. The main factors were an increase of ¥165 million in retained earnings from recording interim net income attributable to owners of the parent, a ¥79 million decrease in retained earnings due to dividends, a ¥41 million decrease in treasury stock resulting from the disposal of treasury stock as restricted stock compensation, and a ¥36 million increase in capital surplus.」
Treasury stock was disposed of as restricted stock compensation under the director compensation policy, resulting in a ¥41 million decrease in treasury stock. - FY2025AdvancedAnnual report
「At today's meeting, our Board of Directors resolved to pay total monetary compensation claims of ¥77,990,000 to 3 eligible directors designated as the planned recipients of restricted stock compensation for the period from the 24th Annual General Meeting of Shareholders to the 25th Annual General Meeting of Shareholders, scheduled to be held in May 2026, and to allot 110,000 shares of the company's common stock as specified restricted stock, through the eligible directors contributing all of those monetary compensation claims in kind.」
Based on the director compensation policy, the company proceeded to the specific resolution to allot 110,000 restricted shares to 3 eligible directors. - FY2024First statedAnnual report
「Our basic policy is to establish a compensation structure for directors that provides sufficient incentives to achieve sustained growth in corporate value, and to set compensation for each director at an appropriate level based on their respective responsibilities. / Non-monetary compensation for our directors, excluding directors who are Audit and Supervisory Committee members and outside directors, consists of restricted stock, with the aim of providing incentives to achieve sustained growth in corporate value and promoting greater value sharing with shareholders.」
At the Board of Directors meeting held on 22 April 2024, the company approved a policy for determining individual director compensation combining fixed monthly compensation and restricted stock.