Compensation Design Combining Performance-Based and Equity Compensation
First written in FY2021. 4 of 8 entries say "Advanced", first in FY2023. Latest entry: 2026-06-25.
87 other companies' latest entry also says "Advanced".
- 2026-06-25AdvancedShare Issuance and Disposal
「In consideration of the purpose of this plan, the company’s performance, the scope of the duties of each allottee, and other relevant factors, the company resolved to grant a total of 128,000 common shares of the company (hereinafter, the “Shares to Be Allotted”) as an in-kind contribution of monetary compensation claims against the company totaling ¥430,080,000, granted to 4 directors of the company pursuant to a resolution of the company’s Board of Directors held today, and monetary claims against the company granted to 12 executive officers of the company and 4 directors and executive officers of the company’s subsidiaries (collectively, the “Allottees”). The amount of monetary compensation claims contributed per share offered is ¥3,360.」
Under the restricted stock compensation plan, the company resolved to dispose of 128,000 treasury shares with a total value of ¥430,080,000 for its directors and executive officers and the directors and executive officers of its subsidiaries. The disclosure provides specific implementation results under the existing plan, indicating progress to the execution stage of the compensation design. - FY2026RaisedAnnual report
「Net income attributable to owners of the parent was ¥13.887 billion in the previous fiscal year, against a target of ¥13.4 billion for the current fiscal year, and actual results were ¥15.599 billion.」
The KPI target for performance-linked compensation was set at ¥13.4 billion, and actual results exceeded it at ¥15.599 billion. The current fiscal year's target was raised from the previous fiscal year's ¥12.2 billion. - FY2025AchievedAnnual report
「Net income attributable to owners of the parent was ¥12.156 billion in the previous fiscal year, against a target of ¥12.2 billion for the current fiscal year, and actual results were ¥13.887 billion.」
Net income attributable to owners of the parent, the KPI for performance-linked compensation, exceeded the annual target of ¥12.2 billion, with actual results of ¥13.887 billion. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 20 June 2024, the company disposed of 86,000 treasury shares as restricted stock compensation.」
The company disposed of 86,000 treasury shares under its restricted stock compensation plan. - FY2024AdvancedAnnual report
「Net income attributable to owners of the parent was ¥11.023 billion in the previous fiscal year, against a target of ¥11.4 billion for the current fiscal year, and actual results were ¥12.156 billion.」
For performance-linked compensation based on net income attributable to owners of the parent as a KPI, the company disclosed actual results of ¥12.156 billion against the annual target of ¥11.4 billion. - FY2023AdvancedAnnual report
「Net income attributable to owners of the parent was selected as the performance-linked compensation metric because it is the source of dividends distributed to shareholders and was considered a metric that enables management to be evaluated from the same perspective as shareholders. Net income attributable to owners of the parent was ¥8,553 million in the previous fiscal year, against a target of ¥10.5 billion for the current fiscal year, while actual results were ¥11,023 million.」
For performance-linked compensation using net income attributable to owners of the parent as the KPI, actual results of ¥11,023 million were disclosed against the current-year target of ¥10.5 billion. - FY2022ReframedAnnual report
「For directors other than outside directors, the target compensation mix by category is basic compensation : performance-based compensation and other compensation : non-monetary compensation and other compensation = 6:2:2, assuming 100% achievement of the KPI.」
While the 6:2:2 compensation structure, including performance-linked and non-monetary compensation, continues to be disclosed, the form of non-monetary compensation changed from stock options to restricted stock-based compensation. - FY2021First statedAnnual report
「For directors other than outside directors, the target compensation mix by category is basic compensation : performance-based compensation and other compensation : non-monetary compensation and other compensation = 6:2:2, assuming 100% achievement of the KPI.」
The Company newly disclosed detailed director compensation arrangements, including performance-based compensation using net income attributable to owners of the parent as the KPI and equity-based stock options, with a target mix of 6:2:2.