Policy for determining executive compensation, including performance-linked compensation
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 9 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Specifically, compensation will consist of base compensation (fixed compensation) and performance-linked compensation. Performance-linked compensation will be paid in cash and will reflect ordinary profit in order to raise awareness of improving performance in each fiscal year. For the time being, the guideline ratio of base compensation (fixed compensation) to performance-linked compensation will be 2:1.」
The company continues its executive compensation policy of combining fixed compensation with performance-linked compensation that reflects ordinary profit, using a guideline ratio of 2:1. - FY2023RestatedAnnual report
「Specifically, compensation will consist of base compensation (fixed compensation) and performance-linked compensation. Performance-linked compensation will be paid in cash and will reflect ordinary profit in order to raise awareness of improving performance in each fiscal year. For the time being, the guideline ratio of base compensation (fixed compensation) to performance-linked compensation will be 2:1.」
The company continues to disclose its policy of structuring executive compensation as fixed compensation and performance-linked compensation, reflecting ordinary profit in the performance-linked portion, with a guideline compensation ratio of 2:1. - FY2022First statedAnnual report
「Specifically, compensation will consist of base compensation (fixed compensation) and performance-linked compensation. Performance-linked compensation will be paid in cash and will reflect ordinary profit in order to raise awareness of improving performance in each fiscal year. For the time being, the guideline ratio of base compensation (fixed compensation) to performance-linked compensation will be 2:1.」
For the first time, the company specifically disclosed a policy of structuring executive compensation as fixed compensation and performance-linked compensation, with consolidated ordinary profit reflected in the performance-linked portion. The guideline ratio of fixed compensation to performance-linked compensation is 2:1.