Executive Compensation Structure Including Performance-Linked and Share-Based Compensation
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
87 other companies' latest entry also says "Advanced".
- FY2026Update performance linked to compensationAnnual report
「Total dividends for the period were ¥487 million.」
The company continues to use total dividend payments as the performance-linked compensation metric and has disclosed total dividends of ¥487 million, performance-linked compensation of ¥30.30 million, and non-monetary compensation of ¥5.114 million for the fiscal year. - FY2024Disclosure of compensation system operating resultsAnnual report
「The Company's director compensation system is designed to achieve sustainable improvements in business performance and corporate value. Specifically, compensation for directors responsible for business execution consists of base compensation, performance-linked compensation, and share-based compensation, while compensation for outside directors responsible for oversight consists solely of base compensation from the perspective of ensuring independence and neutrality.」
For the compensation system combining fixed, performance-linked, and share-based compensation, the company disclosed operating results for the current fiscal year, including ¥32.4 million in performance-linked compensation and ¥5.533 million in non-monetary compensation. - FY2023First statedAnnual report
「The Company's director compensation system is designed to achieve sustainable improvements in business performance and corporate value, with the basic policy that each director's compensation should be set at an appropriate level based on the director's responsibilities. Specifically, compensation for directors responsible for business execution consists of base compensation, performance-linked compensation, and share-based compensation, while compensation for outside directors responsible for oversight consists solely of base compensation from the perspective of ensuring independence and neutrality.」
For the first time, the company has organized as a separate theme a compensation system combining fixed compensation, performance-linked compensation based on total dividends, and restricted stock compensation, with outside directors receiving base compensation only.