Share-based compensation stock options for executive directors linked to revenue, market capitalization and share price
First written in FY2018. 7 of 10 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-06-12.
1 other company's latest entry also says "Advanced".
- 2026-06-12AdvancedGeneral Meetings of Shareholders
「To make achievement of the medium-term management plan more certain, we would like to increase the compensation limit under the current plan in order to further strengthen its incentive function.」
The company proposed increasing the annual monetary limit for performance-linked restricted stock compensation from ¥864 million to ¥1,152 million and the annual share limit from 576,000 to 2,304,000 shares. The performance metrics include adjusted EBITA, share price growth and ESG evaluation scores. - FY2026AdvancedAnnual report
「Beginning in fiscal 2023, stock-based compensation has incorporated an “ESG evaluation metric.” Compensation is determined based on “share-price growth rate,” “operating income” and “employment requirement,” which measure business growth, together with the “ESG evaluation metric,” which measures progress in ESG management, and is reviewed every 3 fiscal years.」
In addition to share-price growth and operating income, ESG evaluation metrics were incorporated into the assessment criteria for stock-based compensation, and an ESG evaluation score of AAA was disclosed as the result for the fiscal year. - FY2021AdvancedAnnual report
「This performance-linked compensation is intended to promote management focused on improving corporate and shareholder value over the medium to long term. Restricted stock is granted, and the proportion for which transfer restrictions are lifted is determined according to the Company’s share-price growth rate over 3 fiscal years, compared with the share-price growth rates of a benchmark group of approximately 36 companies, and consolidated operating income.」
The compensation structure was made more specific by shifting from stock options to performance-linked restricted stock compensation based on share-price growth over 3 fiscal years and consolidated operating income. In fiscal 2020, 69,300 treasury shares were disposed of as compensation. - FY2020ReframedAnnual report
「From the 23rd fiscal year onward, compensation will be determined by resolution of the Board of Directors following deliberation by the Compensation Committee, within the limits on total director compensation approved by resolution of the general meeting of shareholders.」
The policy shifted from an explanation centered on share-price-condition stock options to a compensation structure comprising fixed compensation, cash bonuses and performance-linked restricted stock following review by the Compensation Committee. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 18 October 2019, we resolved to issue stock acquisition rights to officers of our subsidiaries as stock-based compensation stock options, and issued them on 6 November 2019.」
We issued the seventh through ninth series of stock acquisition rights to subsidiary officers. The options are subject to performance and corporate-value conditions including revenue of ¥393,000 million, market capitalization of ¥2 trillion, ¥3 trillion and ¥5 trillion, and share-price multiples of 1.3x, 1.8x and 2.5x. - FY2020-Q2AdvancedAnnual report
「At an extraordinary meeting of the Board of Directors held on 25 June 2019, we resolved to issue stock acquisition rights to officers of our subsidiaries as stock-based compensation stock options, and issued them on 17 July 2019.」
In addition to those previously issued to executive directors, we issued the fourth through sixth series of stock acquisition rights to 4 subsidiary officers. The conditions included revenue of ¥393,000 million, market capitalization of ¥2 trillion, ¥3 trillion and ¥5 trillion, and share-price multiples of 1.3x, 1.8x and 2.5x. - FY2019-Q1AchievedAnnual report
「At the general meeting of shareholders held on 26 June 2018, we resolved to issue stock acquisition rights to our executive directors as stock-based compensation stock options, and issued them on 13 July 2018.」
On 13 July 2018, we issued 300,215 stock acquisition rights under stock-based compensation stock options subject to share-price conditions for executive directors. - FY2018First statedAnnual report
「The stock-based compensation stock options subject to share-price conditions are intended to increase directors’ motivation to achieve the targets in our medium-term management plan and to pursue continued growth in our business performance and corporate value beyond the plan period. By linking growth in shareholder value with directors’ compensation, they are also intended to align the interests of directors and shareholders, further strengthen organizational cohesion and directors’ motivation and morale to improve performance, and contribute to increasing corporate value. The options become exercisable based on our market capitalization and share price.」
For executive directors, we introduced share-price-linked stock options based on conditions including revenue of ¥393,000 million, market capitalization of ¥2 trillion, ¥3 trillion and ¥5 trillion, share-price multiples of 1.3x, 1.8x and 2.5x, and benchmark years of 2021, 2024 and 2028.