Executive compensation policy based primarily on fixed compensation and without performance-linked compensation
First written in FY2019. 2 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2025.
Data Horizon moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
13 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In connection with the introduction of this system, the company will abolish the stock option system described above and does not plan to make any further issuances of share acquisition rights as stock options for directors.」
The company has specified the remuneration structure after abolishing the stock option system and moving to restricted stock remuneration. In fiscal 2024, 15,874 shares were granted to 1 director. - FY2024ReframedAnnual report
「In connection with the introduction of this system, the company will abolish the stock option system described above and does not plan to make any further issuances of share acquisition rights as stock options for directors.」
The company has changed from its previous executive remuneration structure combining fixed remuneration and stock options to a structure that introduces restricted stock remuneration and abolishes future stock option issuances for directors. - FY2021ReframedAnnual report
「Directors other than directors who are Audit and Supervisory Committee members receive only basic remuneration, which is fixed cash remuneration. There is currently no bonus or performance-linked remuneration calculated solely on the basis of performance-linked indicators. In addition, executive directors are to receive stock options to encourage and motivate them to enhance medium- to long-term corporate value and seek an increase in the share price. At the 40th Annual General Meeting of Shareholders held on 29 September 2020, the amount of stock option remuneration for directors other than directors who are Audit and Supervisory Committee members and outside directors was approved at no more than ¥80 million per year, separately from monetary remuneration.」
While maintaining its policy of limiting cash remuneration to fixed remuneration, the company has expanded its disclosure to cover a remuneration structure that grants executive directors stock options separately from monetary remuneration. - FY2019First statedAnnual report
「Directors other than directors who are Audit and Supervisory Committee members receive only basic remuneration, which is fixed remuneration. There is currently no bonus or performance-linked remuneration calculated solely on the basis of performance-linked indicators.」
The company has disclosed for the first time its policy of paying directors other than Audit and Supervisory Committee members only fixed remuneration and not adopting bonuses or performance-linked remuneration.