Determination of Executive Compensation Based Primarily on Fixed Compensation
First written in FY2019. 1 of 3 entries say "Reframed", first in FY2021. Latest entry: FY2025.
61 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Specifically, compensation for executive directors and outside directors responsible for supervisory functions consists solely of base compensation and is paid as a fixed monthly amount.」
The company continues its policy of paying both executive directors and outside directors only base compensation on a fixed monthly basis. - FY2021ReframedAnnual report
「Specifically, compensation for executive directors and outside directors responsible for supervisory functions consists solely of base compensation and is paid as a fixed monthly amount. The amount is determined comprehensively based on the director's position, responsibilities and years in office, while taking into consideration compensation levels at other companies, the company's performance and employee salary levels.」
The former policy of providing only fixed compensation has been further specified as a fixed monthly compensation system, with the method of determining compensation taking into account position, responsibilities, years in office, compensation levels at other companies, performance and employee salary levels. - FY2019First statedAnnual report
「The compensation and other remuneration received by officers of the filing company during the fiscal year consisted solely of fixed remuneration.」
Director and Audit & Supervisory Board member compensation is determined within limits approved by the general meeting of shareholders, and all remuneration during the fiscal year was fixed.