Executive Compensation Systems Focused on Enhancing Corporate Value over the Medium to Long Term
First written in FY2019. 2 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Updated the performance-linked metrics and results for the current fiscal yearAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥3.3 billion and net income of ¥2.3 billion in the initial plan, compared with actual ordinary profit of ¥2,349 million and net income of ¥2,011 million for the fiscal year.」
Ordinary profit and net income are used as metrics for performance-linked remuneration, and the initial plan and actual results were disclosed. Actual ordinary profit was ¥2,349 million and net income was ¥2,011 million. - FY2025Updated the performance-linked metrics and results for the current fiscal yearAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥2.3 billion and net income of ¥1.7 billion in the initial plan, compared with actual ordinary profit of ¥3,780 million and a net loss of ¥3,288 million for the fiscal year.」
Ordinary profit, net income and other metrics are used for performance-linked remuneration, and the initial plan and actual results for the fiscal year are disclosed. Ordinary profit exceeded the plan, while patent litigation-related losses resulted in a net loss for the fiscal year. - FY2024Updated the performance-linked metrics and results for the current fiscal yearAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥2.0 billion and net income of ¥1.3 billion in the initial plan, compared with actual ordinary profit of ¥1,868 million and net income of ¥1,377 million for the fiscal year.」
Ordinary profit and net income are used as metrics for performance-linked remuneration, and the initial plan and actual results for the fiscal year are disclosed. - FY2023Updated the performance-linked metrics and results for the current fiscal yearAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥1.6 billion and net income of ¥1.1 billion in the initial plan, compared with actual ordinary profit of ¥2,215 million and net income of ¥1,605 million for the fiscal year.」
Ordinary profit and net income are used as metrics for performance-linked remuneration, and the initial plan and actual results for FY2023 are disclosed. - FY2022Updated the performance-linked metrics and results for the current fiscal yearAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥1.1 billion and net income of ¥700 million in the initial plan, compared with actual ordinary profit of ¥1,996 million and net income of ¥1,483 million for the fiscal year.」
Ordinary profit and net income are used as metrics for performance-linked remuneration, and the initial plan and actual results for the fiscal year are disclosed. - FY2021AdvancedAnnual report
「The selected performance metrics for the fiscal year consisted of ordinary profit of ¥1.5 billion and net income of ¥1.1 billion in the initial plan, compared with actual ordinary profit of ¥2,227 million and net income of ¥1,607 million for the fiscal year.」
Ordinary profit and net income are used as metrics for performance-linked remuneration, and the initial plan and actual results for the fiscal year are disclosed. - FY2020AdvancedAnnual report
「The remuneration committee calculates the remuneration and other compensation for directors and submits its recommendations to the Representative Director and President. The Representative Director and President, who has been delegated authority by the Board of Directors, determines the remuneration amounts for each director based on the remuneration committee's recommendations.」
The company moved from a policy of establishing a remuneration committee to the operational stage of actually calculating, recommending and determining remuneration amounts. - FY2019First statedAnnual report
「The policy governing the amount of executive remuneration and other compensation and the method for determining it provides that director remuneration is designed to encourage contributions to improved performance over the medium to long term, rather than only in the short term, thereby enabling continued enhancement of corporate value.」
The policy expressly states that executive remuneration is designed to encourage contributions not only to short-term performance but also to improved medium- to long-term performance and corporate value. Director remuneration includes fixed remuneration, performance-linked remuneration and retirement allowances, but the payment ratio, metrics and base amounts for performance-linked remuneration are not clearly specified.