Executive compensation policy based on base compensation and bonuses
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2026.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As the most objective and appropriate indicator for incentivizing each director to achieve the annual business plan, performance-linked compensation and other compensation (bonuses) is calculated using a formula linked to consolidated operating profit and, in principle, paid in cash once a year at a specified time.」
The company continues its compensation policy of maintaining the 2-component structure of base compensation and bonuses, with bonuses linked to consolidated operating profit. - FY2021RestatedAnnual report
「As the most objective and appropriate indicator for incentivizing each director to achieve the annual business plan, performance-linked compensation (bonuses) is calculated using a formula linked to consolidated operating profit and, in principle, paid in cash once a year at a specified time.」
The company continues its compensation policy of maintaining the 2-component structure of base compensation and bonuses, with bonuses linked to consolidated operating profit. - FY2020ReframedAnnual report
「The proportion of base compensation and bonuses is determined to increase incentives to achieve the annual business plan while preventing actions from becoming overly focused on the short term or partial optimization.」
While maintaining the 2-component structure of base compensation and bonuses, the company has established a system under which bonuses are determined using a calculation formula linked to consolidated operating profit. - FY2018First statedAnnual report
「Executive compensation will consist of 2 components, base compensation and bonuses, designed to reflect the duties performed by each executive and the company's medium- to long-term performance.」
The company states a policy of setting executive compensation at levels based on fixed base compensation and bonuses determined with reference to annual business performance, while also taking into account advice from the Executive Compensation Advisory Committee.