Policy for Determining Executive Compensation
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2024: 8 of 48 companies on the "Worse" side.
29 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition, at the 102nd Annual General Meeting of Shareholders held on 30 June 2025, the introduction of a restricted stock compensation plan separate from this compensation framework was approved. For directors other than those serving as Audit and Supervisory Committee members, the annual limit is ¥25 million, while for directors serving as Audit and Supervisory Committee members, the annual limit is ¥5 million.」
In addition to the previous policy centered on fixed compensation, the shareholders' meeting approved the introduction of a restricted stock compensation plan, specifying the limits on compensation and the number of shares. - FY2023RestatedAnnual report
「The basic policy for determining compensation for each individual director is to set an appropriate level based on the director's responsibilities. Directors' compensation consists solely of basic compensation (fixed compensation), and is determined comprehensively by considering their position, responsibilities, contributions and performance.」
The policy of basing executive compensation on fixed compensation while considering position, responsibilities, contributions and performance is continuing. - FY2021AdvancedAnnual report
「At a Board of Directors meeting held on 12 February 2021, the company established a policy for determining the details of individual compensation and other remuneration for directors. Directors' compensation consists solely of basic compensation (fixed compensation), and is determined comprehensively by considering their position, responsibilities, contributions and performance.」
The previous compensation policy was made more specific: the Board of Directors established a policy for determining individual compensation and clarified that compensation consists solely of fixed compensation, as well as the factors taken into consideration. - FY2019First statedAnnual report
「The company has established a policy concerning the amount of executive compensation and other remuneration, and the method of determining it. The shareholders' meeting determines the compensation limit by resolution. Within that limit, the representative director and president, authorized by the Board of Directors, determines compensation after considering market conditions, medium- to long-term performance and the degree of achievement.」
For executive compensation, the company explicitly stated for the first time its policy of determining compensation within the limit approved by the shareholders' meeting, taking market conditions, medium- to long-term performance and the degree of achievement into account.