Policy for Determining Executive Compensation with Consideration Given to Alignment with Shareholder Interests
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The basic policy is to structure compensation for the company's directors so that it is linked to shareholder interests and functions sufficiently as an incentive to achieve sustained growth in corporate value, while setting appropriate compensation levels for individual directors based on their respective responsibilities. Specifically, director compensation consists of basic compensation as fixed compensation and performance-linked compensation in the form of a year-end bonus.」
The company continues its policy of linking compensation to shareholder interests, combining fixed and performance-linked compensation, and purchasing the company's shares through the directors' shareholding association. - FY2024RestatedAnnual report
「The Company’s basic policy is to structure director compensation so that it is linked to shareholder interests and functions sufficiently as an incentive for the sustainable enhancement of corporate value, while setting appropriate compensation levels for individual directors in light of their respective responsibilities.」
The company continues its policy of using a compensation system linked to shareholder interests, combining fixed and performance-linked compensation, and purchasing the company's shares through the directors' shareholding association. - FY2022First statedAnnual report
「The basic policy is to structure compensation for the company's directors so that it is linked to shareholder interests and functions sufficiently as an incentive to achieve sustained growth in corporate value, while setting appropriate compensation levels for individual directors based on their respective responsibilities. Specifically, director compensation consists of basic compensation as fixed compensation and performance-linked compensation in the form of a year-end bonus.」
The company explicitly states that director compensation comprises a system linked to shareholder interests, a combination of fixed and performance-linked compensation, and purchases of the company's shares through the directors' shareholding association.