Executive Compensation Decisions Focused on Enhancing Shareholder Value and Involvement of Outside Directors
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2023.
87 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Specifically, compensation for executive directors consists of fixed compensation (basic compensation), performance-linked compensation and other compensation (bonuses), and non-monetary compensation and other compensation (share-based compensation). Outside directors, who perform a supervisory function, receive only basic compensation in consideration of their duties.」
The company specifically disclosed that executive directors receive fixed, performance-linked and share-based compensation, while outside directors receive only basic compensation. It also stated that consolidated ordinary income and the degree of achievement against targets are used to calculate performance-linked and share-based compensation. - FY2022AdvancedAnnual report
「Specifically, compensation for executive directors consists of fixed compensation (basic compensation), performance-linked compensation and other compensation (bonuses), and non-monetary compensation and other compensation (share-based compensation). Outside directors, who perform a supervisory function, receive only basic compensation in consideration of their duties.」
The company specified the compensation structure for executive directors, comprising fixed, performance-linked and share-based compensation, and the classification under which outside directors receive only basic compensation. - FY2020RestatedAnnual report
「To achieve long-term and medium-term growth in shareholder value, our policy is to establish each compensation package at a level appropriate to the executive’s experience, position, duties and responsibilities, with a structure designed to motivate executives and help secure talented personnel.」
The company reconfirmed its policy of setting executive compensation in accordance with medium- to long-term shareholder value, motivation, talent retention and job responsibilities. - FY2019First statedAnnual report
「To achieve long-term and medium-term growth in shareholder value, our policy is to establish each compensation package at a level appropriate to the executive’s experience, position, duties and responsibilities, with a structure designed to motivate executives and help secure talented personnel.」
The company identified for the first time as a discussion topic its policy of setting executive compensation in accordance with medium- to long-term shareholder value, motivation, talent retention and job responsibilities, and determining it at Board of Directors meetings with the involvement and advice of outside directors.