Introduction of a Stock-Based Compensation System for Directors and Executive Officers
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「At the 82nd Annual General Meeting of Shareholders held on 27 June 2025, the Company resolved to continue the system with partial revisions and revised the maximum amount of funds contributed by the Company and the method and maximum amount for calculating the number of Company shares used for delivery to directors and other officers as follows.」
The Company revised the stock compensation trust for officers by setting the contribution limit for each 5-fiscal-year period at ¥250 million and the point calculation rate at 10% of the annual standard amount of executive compensation, and disposed of 30,000 shares to the trust during the fiscal year. - FY2025RaisedAnnual report
「Maximum amount of funds contributed by the Company: ¥180 million for each target period (5 fiscal years); ¥250 million for each target period (5 fiscal years)」
A proposal is presented to raise the contribution limit for the next target period under the stock compensation trust for officers from ¥180 million to ¥250 million and to change the calculation method from points equivalent to 8% or 10% of the annual standard amount of executive compensation to points equivalent to 10%. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 May 2023, the Company resolved to dispose of treasury shares as restricted stock and, based on that resolution, disposed of 13,750 treasury shares on 30 June 2023.」
As a specific stock compensation measure, the Company resolved to dispose of restricted stock and completed the disposal of 13,750 treasury shares. - FY2021AdvancedAnnual report
「Under the stock compensation trust, points equivalent to 8% or 10% of the annual standard amount of executive compensation are granted to executive directors at a specified time each year based on the stock benefit rules established by the Board of Directors, and accumulated until retirement.」
The operation of the stock compensation system for officers has been specified, with points granted equivalent to 8% or 10% of the annual standard amount of executive compensation. During the fiscal year, the trust acquired 40,000 shares for ¥111 million. - FY2020First statedAnnual report
「The Company will introduce this system to clarify the linkage between compensation for directors and other officers and the Company's performance and share value, and to raise their awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The Company has abolished its retirement bonus system and changed to a stock compensation trust with a maximum amount of ¥180 million for the 5 fiscal years from the fiscal year ending March 2021 through the fiscal year ending March 2025.