Introduction of a Restricted Stock Compensation Plan
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 38 companies on the "Worse" side.
41 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Performance-linked compensation and other compensation consists of (1) bonuses, a short-term incentive, and (2) medium- to long-term incentives. Each is calculated as described below and paid in the form of an allocation of restricted stock, either in part or in full, as non-monetary compensation.」
The restricted stock compensation system has been put into operation using short-term consolidated operating profit and operating margin, and medium- to long-term factors including the new-product ratio, global ratio, share growth rate, engagement and CO2 reduction. - FY2022First statedAnnual report
「The company reviewed the executive compensation system for directors other than outside directors, resolved to introduce a restricted stock compensation system, and the resolution was approved at the Company’s 118th Annual General Meeting of Shareholders held on 28 June 2022.」
A restricted stock compensation system was introduced as a medium- to long-term incentive for sharing with shareholders the benefits and risks of share price movements. The system provides for share-based compensation of up to 50,000 shares annually, with operating profit, operating margin, the new-product ratio, the overseas ratio and share growth rate used as calculation factors.