Compensation Policy Centered on Fixed Remuneration and Retirement Allowances for Directors
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company has not adopted a performance-linked compensation system, but has a mechanism for reflecting the Company’s performance and the evaluations of individual directors in revisions to annual compensation and promotions to higher positions.」
The Company continues to maintain a compensation policy based on fixed compensation and directors’ retirement allowances, without adopting a performance-linked compensation system, while reflecting the Company’s performance and evaluations in revisions to annual compensation and other matters. - FY2024First statedAnnual report
「Directors’ base compensation is fixed. In accordance with internal rules approved by the Board of Directors, base annual compensation is set based on each director’s duties and position. After deliberation by the Board of Directors, individual payment amounts are determined and revised by taking into account the Company’s performance, the status of each director’s areas of responsibility, consistency with employee salaries and bonuses, and other factors. The Company has not adopted a performance-linked compensation system, but has a mechanism for reflecting the Company’s performance and the evaluations of individual directors in revisions to annual compensation and promotions to higher positions.」
The Company states explicitly for the first time that directors’ compensation is based on fixed compensation and directors’ retirement allowances, that no performance-linked compensation system is adopted, and that the Company’s performance and evaluations are reflected in revisions to annual compensation and other matters.