Structuring Directors’ Remuneration into Base, Performance-Linked, and Trust-Based Share Remuneration
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2025.
40 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The compensation of the company's directors consists of base compensation, performance-linked compensation and trust-type share-based compensation. Performance-linked compensation is positioned as incentive compensation reflecting short-term performance and other results of the division overseen by each director, while trust-type share-based compensation is positioned as incentive compensation reflecting the improvement of the group's corporate value over the medium to long term.」
The compensation structure comprising base compensation, short-term performance-linked compensation and trust-type share-based compensation linked to medium- to long-term corporate value continues. - FY2022AdvancedAnnual report
「The compensation of the company's directors consists of base compensation, performance-linked compensation and trust-type share-based compensation. Performance-linked compensation is positioned as incentive compensation reflecting short-term performance and other results of the division overseen by each director, while trust-type share-based compensation is positioned as incentive compensation reflecting the improvement of the group's corporate value over the medium to long term.」
Director compensation was structured as base compensation, short-term performance-linked compensation and trust-type share-based compensation linked to medium- to long-term corporate value. Compensation for the current period was disclosed as ¥103 million in base compensation, ¥29 million in performance-linked compensation and ¥30 million in non-monetary compensation. - FY2021First statedAnnual report
「The compensation of the company's directors consists of base compensation, performance-linked compensation and trust-type share-based compensation.」
By a resolution of the Board of Directors in February 2021, the company introduced a policy under which director compensation consists of base compensation, performance-linked compensation that takes into account operating income and other results of the divisions overseen by each director, and trust-type share-based compensation linked to the improvement of corporate value over the medium to long term. It also established procedures for seeking the Audit and Supervisory Committee's opinions on proposed evaluations for performance-linked compensation.