Review of the Composition of Base Compensation, Performance-Linked Compensation, and Equity Compensation
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
40 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Until the current fiscal year, performance-linked compensation was not established separately from base compensation; instead, a performance-linked element was reflected in the calculation of base compensation. The targets and actual results for the indicators used to evaluate this performance-linked element included consolidated net sales of ¥167.085 billion against a target of ¥169.0 billion and consolidated ordinary profit of ¥5.440 billion against a target of ¥6.0 billion.」
For the performance-linked compensation evaluation indicators, the Company disclosed targets and actual results for consolidated net sales and ordinary profit. Both net sales and ordinary profit fell short of their targets. - FY2025First statedAnnual report
「As a general rule, compensation will consist of 50% base compensation, 30% performance-linked compensation, excluding performance allocation bonuses, and 20% equity-based compensation as non-monetary compensation. If this mix is changed, the Nomination and Compensation Advisory Committee will consider policies and practices at companies of a similar business scale and in related industries and business categories.」
The policy for directors' compensation was specified as a mix of 50% base compensation, 30% performance-linked compensation and 20% equity-based compensation, in principle. The disclosure also described a framework incorporating performance indicators, individual objectives and recommendations from the Nomination and Compensation Advisory Committee into compensation decisions.