Sharing Corporate Value with Shareholders through Performance-Linked Share-Based Compensation
First written in FY2023. 4 of 6 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 30 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Performance-linked share-based compensation Consolidated ordinary profit ¥1,790 million ¥1,760 million 98% Consolidated ROE 11.2% 12.5% 112%」
For the performance-linked share-based compensation metrics, consolidated ordinary profit was ¥1,760 million against a target of ¥1,790 million, while ROE was 12.5% against a target of 11.2%. - 2026-06-03AdvancedGeneral Meetings of Shareholders
「The purpose of revising this system is to clarify further the linkage between the remuneration of directors and other officers and the Company’s performance and share value, and to further enhance their motivation to contribute to medium- to long-term improvements in performance and corporate value by having them share with shareholders not only the benefits of a rising share price but also the risk of a decline in the share price.」
Presented a proposal to the General Meeting of Shareholders to partially revise the performance-linked share remuneration program. The revisions change the performance metric from “consolidated ordinary profit” to “consolidated net income” and incorporate fixed points by position, performance-linked points by position and transfer-restricted agreements, among other elements. - FY2025AdvancedAnnual report
「Performance-linked share-based compensation Consolidated ordinary profit ¥1,200 million ¥1,456 million 121% Consolidated ROE 9.2% 12.8% 139%」
For performance-linked share-based compensation, the company disclosed actual consolidated ordinary profit and ROE and their achievement rates. Ordinary profit was ¥1,456 million against a target of ¥1,200 million, while ROE was 12.8% against a target of 9.2%. - FY2024-Q3AdvancedAnnual report
「From the third quarter of the current consolidated accounting period, the company has introduced the Executive Share Delivery Trust (RS Delivery Plan) and Employee Share Delivery Trust, and shares of the company held by these trusts are recognized as treasury shares in the quarterly consolidated financial statements. In accordance with the trust agreement for the Executive Share Delivery Trust (RS Delivery Plan) and Employee Share Delivery Trust, Custody Bank of Japan, Ltd. acquired 180,000 of the company's treasury shares, increasing retained earnings and treasury shares by ¥391 million each.」
The share-delivery trusts for directors, executive officers and employees were introduced from the third quarter, and the trusts' acquisition of 180,000 treasury shares was also disclosed. The plan has progressed to the implementation stage. - FY2024-Q1RaisedAnnual report
「The company decided to introduce this performance-linked share-based compensation plan to promote sustainable growth in corporate value, foster participation in management among executive-level personnel, and improve medium- to long-term performance and increase corporate value.」
The company resolved to introduce a share-delivery trust extending eligibility beyond the existing performance-linked share-based compensation for directors and others to managerial employees other than directors and executive officers. The trust agreement was scheduled to be executed on 30 November 2023. - FY2023First statedAnnual report
「This scheme is intended to provide directors and others with incentives to achieve sustainable growth in corporate value and to further promote value sharing with shareholders.」
The company introduced a share-based compensation plan under which points are awarded based on achievement rates for targets for consolidated ordinary profit and consolidated ROE.