Policy for Determining Director Compensation and Compensation Framework Aligned with Shareholder Interests
First written in FY2021. . Latest entry: FY2022.
The whole theme swung hardest in 2024: 8 of 45 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2022Formalization of compensation determination proceduresAnnual report
「Individual basic compensation and bonus amounts shall be deliberated by the Compensation Committee and resolved and determined by the Board of Directors within the total compensation approved by the General Meeting of Shareholders. For stock-based compensation, the number of shares allocated to each director shall be calculated under internal regulations within the total compensation approved by the General Meeting of Shareholders, then deliberated by the Compensation Committee and resolved by the Board of Directors.」
The procedures for determining individual fixed compensation, bonuses and restricted stock compensation have been formalized through deliberation by the Compensation Committee and resolutions by the Board of Directors. - FY2021First statedAnnual report
「The basic policy is to structure directors' compensation with due consideration for shareholder interests so that it 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.」
The company has, for the first time, explicitly disclosed its policy for determining directors' compensation, comprising fixed compensation, bonuses and restricted stock compensation, as well as a compensation structure aligned with corporate value and shareholder interests.