Executive Compensation Reflecting Performance, Responsibilities and Results
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: FY2025.
41 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Compensation and other remuneration for directors, excluding outside directors, consists of 3 types of compensation: fixed basic compensation, annual bonuses (performance-linked compensation), and stock-based compensation through a stock-delivery trust. The structure ensures linkage to company performance, with basic compensation reflecting responsibilities and bonuses reflecting results.」
The executive compensation policy consisting of basic compensation, performance-linked bonuses and stock-based compensation, and the annual limit of 39,000 points for stock-based compensation, are reiterated. - FY2025-H1RestatedAnnual report
「The company has introduced a stock-based compensation plan for its directors, excluding outside directors (the same applies below), to clarify the linkage between directors' compensation and the value of the company's shares and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders the gains and risks arising from share-price fluctuations.」
The purpose and operation of the stock-delivery trust for directors are reiterated. At the interim period-end, the trust held 44,800 remaining shares with a carrying amount of ¥35.943 million. - FY2024AdvancedAnnual report
「Compensation and other remuneration for directors, excluding outside directors, consists of 3 types of compensation: fixed basic compensation, annual bonuses (performance-linked compensation), and stock-based compensation through a stock-delivery trust. The structure ensures linkage to company performance, with basic compensation reflecting responsibilities and bonuses reflecting results.」
In addition to the existing basic compensation and bonuses, the company introduced stock-based compensation through a stock-delivery trust. The scheme provides for a maximum of 39,000 points per fiscal year, with shares delivered upon retirement. - FY2022RestatedAnnual report
「Directors' compensation consists of monthly compensation and bonuses, structured to ensure linkage to company performance, with monthly compensation reflecting responsibilities and bonuses reflecting results. No non-monetary compensation is paid.」
The policy for executive compensation reflecting performance, responsibilities and results, and the policy of paying no non-monetary compensation, are reiterated. - FY2021AdvancedAnnual report
「Directors' compensation consists of monthly compensation and bonuses, structured to ensure linkage to company performance, with monthly compensation reflecting responsibilities and bonuses reflecting results. No non-monetary compensation is paid.」
The board of directors determines the executive compensation policy. The company has formalized its operating framework, including prior review by the management meeting, which includes outside directors, delegation of authority to the representative director to determine individual amounts, and the absence of non-monetary compensation. Consolidated operating profit is also specified as a performance-linked compensation metric. - FY2020RestatedAnnual report
「Directors' compensation consists of monthly compensation and bonuses, structured to ensure linkage to company performance, with monthly compensation reflecting responsibilities and bonuses reflecting results.」
The policy linking executive compensation to company performance, responsibilities and results is reiterated. - FY2018RestatedAnnual report
「Compensation and other remuneration for directors and audit & supervisory board members consist of monthly compensation and bonuses, structured to ensure linkage to company performance and reflect responsibilities and results.」
The policy linking executive compensation to company performance, responsibilities and results is reiterated. - FY2017First statedAnnual report
「Compensation and other remuneration for directors and audit & supervisory board members consist of monthly compensation and bonuses, structured to ensure linkage to company performance and reflect responsibilities and results.」
The compensation policy links executive compensation to company performance, responsibilities and results.