Executive Compensation System, Including Performance-Linked Compensation
First written in FY2018. 7 of 13 entries say "Advanced", first in FY2021. Latest entry: 2026-06-26.
The whole theme swung hardest in 2020: 5 of 36 companies on the "Worse" side.
29 other companies' latest entry also says "Advanced".
- 2026-06-26AdvancedShare Issuance and Disposal
「本日、当社取締役会の決議により、対象取締役３名及び当社の執行役員４名に対し金銭報酬債権合計 14,586,000 円（以下「本金銭報酬債権」といいます。）を支給し、対象取締役等が本金銭報酬債権の全部を現物出資の方法により給付することにより譲渡制限付株式として当社普通株式 3,900 株を割り当てることといたしました。」
譲渡制限付株式報酬制度について、取締役および執行役員7名への金銭報酬債権の支給と、自己株式3,900株の割当てが実施段階として具体化した。 - FY2026RaisedAnnual report
「For the current fiscal year, operating profit was ¥4.09 billion against a target of ¥3.40 billion, and increased from the previous fiscal year. Operating cash flow also increased from the previous fiscal year.」
The target for operating profit as a performance-linked remuneration metric was raised from ¥2.25 billion in the previous fiscal year to ¥3.40 billion, with actual operating profit of ¥4.09 billion. Operating cash flow also increased from the previous fiscal year. - 2026-05-27Cited as achievedGeneral Meeting of Shareholders
「For the current fiscal year, operating profit was ¥4.09 billion against a target of ¥3.40 billion, and increased from the previous fiscal year. Operating cash flow also increased from the previous fiscal year.」
業績連動報酬の指標について、営業利益額および営業キャッシュ・フローの当期実績を記載した。 - FY2025AdvancedAnnual report
「For the current fiscal year, operating profit was ¥3.49 billion against a target of ¥2.25 billion, and increased from the previous fiscal year. Operating cash flow declined from the previous fiscal year.」
For the operating-profit metric used for performance-linked remuneration, actual operating profit was ¥3.49 billion against a target of ¥2.25 billion, while operating cash flow declined from the previous fiscal year. - FY2024ReframedAnnual report
「Because the performance-linked remuneration metrics emphasize improving business profitability and generating cash, the company uses operating profit (achievement against target and growth from the previous fiscal year) and operating cash flow (growth from the previous fiscal year). For the current fiscal year, operating profit was ¥850 million against a target of ¥2.0 billion, and declined from the previous fiscal year. Operating cash flow increased from the previous fiscal year.」
The performance-linked remuneration metrics were reorganized from operating margin to operating profit and operating cash flow, and operating profit of ¥850 million was reported against a target of ¥2.0 billion. - FY2024-Q1AdvancedAnnual report
「(Note) Of the shares issued and outstanding as of the filing date, 12,833 shares were issued as new shares for restricted stock compensation through an in-kind contribution of monetary remuneration claims amounting to ¥17 million.」
The issuance of 12,833 shares as restricted stock compensation, representing monetary remuneration claims of ¥17 million, confirms progress in implementing the equity compensation system described in the previous fiscal year. - FY2023AdvancedAnnual report
「Directors' remuneration is calculated within the annual amount approved by the general meeting of shareholders, based on each director's duties and responsibilities and taking into account market levels. On a standard payment basis, it consists approximately of fixed remuneration (monthly remuneration: 65% of the amount paid), performance-linked remuneration (bonus: 25%), and equity compensation (10%).」
The system design presented in the previous fiscal year was described as the actual remuneration policy, explicitly setting out a structure of 65% fixed remuneration, 25% performance-linked remuneration, and 10% equity compensation. The company also issued 12,797 shares as restricted stock compensation. - FY2023-Q1AdvancedAnnual report
「(Note) Of the shares issued and outstanding as of the filing date, 12,797 shares were issued as new shares for restricted stock compensation through an in-kind contribution of monetary remuneration claims amounting to ¥17 million.」
The issuance of 12,797 shares as restricted stock compensation, representing monetary remuneration claims of ¥17 million, confirms the implementation of the equity compensation system. - FY2022AdvancedAnnual report
「As of 1 November 2021, the Company established a Nomination and Compensation Committee chaired by an outside director. From the next fiscal year, the fiscal year ending March 2023, the committee will deliberate and provide recommendations on directors' remuneration and other matters, including the decision-making policy and individual amounts, for resolution by the Board of Directors. ... The remuneration system is being designed so that, at 100% achievement of performance-linked targets, standard payments will consist of approximately 65% fixed remuneration, 25% performance-linked remuneration, and 10% equity compensation.」
The establishment of the Nomination and Compensation Committee advanced the framework under which it will participate in remuneration deliberations from the following fiscal year. The company indicated plans to move from the previous structure of 75% fixed remuneration and 25% performance-linked remuneration to one including 10% equity compensation. - FY2021AdvancedAnnual report
「Because the performance-linked remuneration metrics emphasize improving business profitability and generating cash, the company uses operating margin (achievement against target and growth from the previous fiscal year) and operating cash flow (growth from the previous fiscal year). For the current fiscal year, operating margin was 5.7% against a target of 5.7%, and improved from the previous fiscal year. Operating cash flow also increased from the previous fiscal year.」
The performance-linked remuneration metrics were expanded from operating margin to include operating cash flow, with the company reporting that it met its 5.7% operating-margin target and that operating cash flow increased. - FY2020ReframedAnnual report
「Because the performance-linked remuneration metric focuses on the management indicators targeted in the 2021 plan, the final year of the NCI-2021 medium-term management plan, the company selected operating margin as the metric. The target for the current fiscal year was a consolidated operating margin of 5.3%, compared with an actual result of 5.5%.」
The performance-linked remuneration metric was specified as operating margin, aligned with the 2021 target under NCI-2021, with an actual result of 5.5% against a target of 5.3%. - FY2019Specification of remuneration structure and performance metricsAnnual report
「Directors' annual remuneration is determined within the limits approved by the general meeting of shareholders, based on criteria established by resolution of the Board of Directors, each director's duties and responsibilities, and market levels. It consists of fixed remuneration (monthly remuneration: 75% of the amount paid) and performance-linked remuneration (bonus: 25% of the amount paid).」
The company specified for the first time that fixed remuneration accounts for 75% and performance-linked remuneration for 25%. The performance metric is consolidated ordinary profit, which was ¥3.1 billion against a target of ¥3.5 billion. - FY2018First statedAnnual report
「Directors' remuneration consists of fixed remuneration (monthly remuneration) and performance-linked remuneration (bonuses), within the limits approved by the general meeting of shareholders, based on each director's duties and responsibilities and taking into account market levels. Performance-linked remuneration varies according to the assessment of performance for a single fiscal year.」
The remuneration system for directors consists of fixed remuneration and remuneration linked to performance for a single fiscal year.