Aligning Executive Compensation with Shareholder Interests through Share Price- and Performance-Based Pay
First written in FY2016. 8 of 16 entries say "Restated". Latest entry: 2026-06-19.
88 other companies' latest entry also says "Advanced".
- 2026-06-19AdvancedShare Issuance and Disposal
「At a Board of Directors meeting held on 10 May 2019, we resolved to introduce a restricted stock compensation plan for directors other than outside directors of the Company (hereinafter, the “Eligible Directors”), in order to provide incentives for the sustainable enhancement of corporate value and promote long-term, stable share ownership, thereby furthering value sharing with our shareholders.」
The company disclosed the specific implementation of the restricted stock compensation plan, involving the issuance of 22,436 common shares to 4 directors and 2 executive officers. - FY2026Current-year SKK EBITDA disclosedAnnual report
「Actual SKK EBITDA for the fiscal year ending March 2026 was ¥1,511 million.」
Actual SKK EBITDA of ¥1,511 million for the fiscal year ending March 2026, the performance-linked compensation metric, was disclosed. - FY2025Current-year SKK EBITDA disclosedAnnual report
「Actual SKK EBITDA for the fiscal year ending March 2025 was ¥3,329 million.」
Actual SKK EBITDA for the fiscal year ending March 2025, the performance-linked compensation metric, was disclosed. The compensation structure continues to comprise performance evaluation compensation, performance-linked compensation, and restricted stock compensation. - FY2022AdvancedAnnual report
「The SKK EBITDA target for the fiscal year ending March 2022, the final year of this medium-term management plan, was ¥5,000 million, while the actual result was ¥5,546 million.」
SKK EBITDA, the performance-linked compensation metric, came to ¥5,546 million against a final-year target of ¥5,000 million. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 February 2021, the Company resolved its policy for determining the details of individual compensation and other remuneration for directors and audit & supervisory board members (the "Determination Policy").」
The Board of Directors formally resolved the policy for determining individual compensation, specifying the composition of performance evaluation compensation, performance-linked compensation, and restricted stock compensation, as well as the delegation of authority to the Nomination and Compensation Committee. Actual SKK EBITDA for the current fiscal year was ¥3,057 million, and the target of ¥5,000 million for the fiscal year ending March 2022 was also stated. - FY2020AdvancedAnnual report
「The SKK EBITDA target for the fiscal year ending March 2022, the final year of this medium-term management plan, was ¥5,000 million, while the actual result for the current fiscal year was ¥5,675 million.」
SKK EBITDA, the performance-linked compensation metric, was reported at ¥5,675 million for the current fiscal year against a target of ¥5,000 million for the fiscal year ending March 2022. The compensation structure continues to comprise performance-linked compensation, performance evaluation compensation, and restricted stock compensation. - FY2020-Q3RestatedAnnual report
「The basic policy for directors' compensation and other remuneration is to enhance incentives in order to meet shareholders' expectations and contribute to the Company's sustainable improvement in performance. In addition to base compensation, we have introduced performance-linked compensation and performance evaluation compensation as short-term incentives, as well as restricted stock compensation as a long-term incentive, for directors other than outside directors.」
The system combining short-term performance-linked and performance evaluation compensation with long-term restricted stock compensation for directors other than outside directors has been continued. - FY2019ReframedAnnual report
「Restricted stock compensation, which serves as a long-term incentive, involves the annual grant of the Company's common shares subject to transfer restrictions until the recipient's departure from office. In conjunction with the introduction of this compensation, we abolished the previous share-price-linked compensation system, under which shares of the Company were purchased continuously through the directors' shareholding association using a portion of executive compensation as the source of funds.」
The previous share-price-linked compensation system was discontinued and replaced with a restricted stock compensation system approved on 19 June 2019. A limit of ¥50 million per year and 40,000 shares per year was also established for directors other than outside directors. - FY2019-Q3RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns and business performance through share-price-linked compensation and a performance-linked compensation system for inside directors has been reiterated. - FY2019-Q2RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns and business performance through share-price-linked compensation and a performance-linked compensation system for inside directors has been reiterated. - FY2018-Q3RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns and business performance through share-price-linked compensation and a performance-linked compensation system for inside directors has been reiterated. - FY2018-Q1RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns and business performance through share-price-linked compensation and a performance-linked compensation system for inside directors has been reiterated. - FY2017RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns and business performance through share-price-linked compensation and performance-linked compensation for inside directors has been reiterated. - FY2017-Q3RestatedAnnual report
「In addition, we abolished the directors' retirement bonus system and introduced a share-price-linked compensation system for directors and audit & supervisory board members. We also introduced a performance-linked compensation system for inside directors in July 2016.」
The policy of strengthening the link between executive compensation and shareholder returns through share-price-linked compensation and a performance-linked compensation system for inside directors has been reiterated. - FY2017-Q1RestatedAnnual report
「In addition, a performance-linked compensation system for inside directors was introduced in July 2016.」
The policy of introducing a performance-linked compensation system for inside directors has been reiterated. - FY2016First statedAnnual report
「Through these measures, we are further strengthening the link between executive compensation and shareholder returns, clarifying management's responsibility for business performance, and promoting the enhancement of shareholder value.」
In addition to share-price-linked compensation, a performance-linked compensation system for inside directors has been in place since July 2016.