Executive Compensation Policy Without Performance-Based Compensation
First written in FY2021. 4 of 6 entries say "Reframed", first in FY2022. Latest entry: FY2026.
Just Planning moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「At the 32nd Annual General Meeting of Shareholders scheduled for 28 April 2026, the company decided to submit a proposal concerning a new performance-linked restricted stock compensation plan.」
The disclosure has changed from the previous statement that performance-based compensation had not been introduced to a statement that a proposal would be submitted to introduce a performance-linked restricted stock compensation plan intended to achieve sustainable growth in corporate value and share value with shareholders. - FY2025RestatedAnnual report
「The company has established the Regulations on the Policy for Determining Director Compensation. Director compensation is linked to the consolidated ordinary profit of the group, and the individual compensation of each officer is determined by resolution of the Board of Directors, taking into account job responsibilities, performance and other factors within the scope approved by the General Meeting of Shareholders.」
The company continues to disclose a policy for determining director compensation linked to consolidated ordinary profit. The amount of performance-based compensation paid for the current fiscal year was ¥0. - FY2022ReframedAnnual report
「The company has established the Regulations on the Policy for Determining Director Compensation. Director compensation is linked to the consolidated ordinary profit of the group, and the individual compensation of each officer is determined by resolution of the Board of Directors, taking into account job responsibilities, performance and other factors within the scope approved by the General Meeting of Shareholders.」
The disclosure has changed from the previous statement that performance-based compensation had not been introduced to a statement that the policy for determining director compensation is governed by regulations linking it to consolidated ordinary profit. However, the compensation table for the current fiscal year shows ¥0 in performance-based compensation payments. - FY2021First statedAnnual report
「As of the filing date of this Annual Securities Report, the company has not introduced performance-based compensation. Accordingly, there are no applicable matters concerning the policy for determining the payment ratio between performance-based compensation and other compensation, the method for determining the amount of performance-based compensation, the indicators used for performance-based compensation, the reasons for selecting those indicators, the method for determining the amount of performance-based compensation, or the targets and results for the indicators for the current fiscal year.」
As of the filing date, the company has not introduced performance-based compensation, and the related payment ratios, indicators, targets and results are stated as not applicable.