Performance-Linked Compensation and Share-Based Stock Options
First written in FY2018. 12 of 15 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-07-22.
11 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「The model-case compensation mix is 90% fixed compensation, 0% performance-linked compensation and 10% restricted stock compensation for directors, and 50% fixed compensation, 30% performance-linked compensation and 20% restricted stock compensation for executive officers.」
The compensation mix following the transition to restricted stock compensation was specified, and eligibility was expanded to include the grant of stock compensation to outside directors. The policy also describes the setting of medium- to long-term targets in addition to single-year targets. - FY2025AdvancedAnnual report
「Compensation for executive officers consists of fixed compensation, performance-linked compensation and restricted stock compensation. The model-case proportions for basic compensation, performance-linked compensation and restricted stock compensation are 50%, 30% and 20%, respectively. The compensation structure has been revised to further encourage executive officers to pursue increases in the share price and corporate value from the same perspective as shareholders.」
Following the transition from stock compensation-type stock options to restricted stock compensation, a model case of 50%, 30% and 20% for fixed, performance-linked and stock compensation, respectively, was specified. - FY2023ReframedAnnual report
「At a meeting of the Compensation Committee held on 27 June 2023, it was resolved to introduce a restricted stock compensation plan. As a result, the stock compensation-type stock option plan was abolished and no new stock acquisition rights have been issued.」
The framework was changed by abolishing the former stock compensation-type stock option plan and transitioning to a restricted stock compensation plan. - FY2023-Q2AdvancedAnnual report
「Resolution date 17 June 2022 Categories and number of grantees (people) The Company's directors 3 people (including 2 also serving as executive officers) (Note) 1 The Company's executive officers 10 people Number of stock acquisition rights (rights)* 404 (Note) 2 Class, details and number of shares underlying the stock acquisition rights (shares)* Common stock 40,400 (Note) 3 Amount to be paid upon exercise of the stock acquisition rights (yen)* 1 (Note) 4 Exercise period for the stock acquisition rights* From 8 July 2022 to 7 July 2042」
The grant of 404 stock acquisition rights, representing 40,400 shares, to 3 directors and 10 executive officers pursuant to the resolution of 17 June 2022 is described. - FY2022AdvancedAnnual report
「Consolidated net sales (¥ millions) 40,400 42,996 Consolidated operating income (¥ millions) 6,370 8,387 ROE (%) 11.5 14.3」
For the performance-linked compensation performance indicators, targets and actual results for net sales, operating income and ROE for the fiscal year ending March 2022 are presented, and actual results exceeded all targets. - FY2022-Q2AdvancedAnnual report
「Resolution date 16 June 2021 Categories and number of grantees (people) The Company's directors 3 people (including 3 also serving as executive officers) (Note) 1 The Company's executive officers 10 people Number of stock acquisition rights (rights)* 409 (Note) 2 Class, details and number of shares underlying the stock acquisition rights (shares)* Common stock 40,900 (Note) 3 Exercise period for the stock acquisition rights* From 9 July 2021 to 8 July 2041」
The grant of 409 stock acquisition rights, representing 40,900 shares, to 3 directors and 10 executive officers pursuant to the resolution of 16 June 2021 is described. - FY2021AdvancedAnnual report
「Consolidated net sales (¥ millions) 34,100 38,667 Consolidated operating income (¥ millions) 4,100 6,612 ROE (%) － 12.9」
For performance-linked compensation for the fiscal year ending March 2021, targets and actual results for consolidated net sales and operating income, together with actual ROE, are presented as performance indicators, and actual results exceeded the targets. - FY2021-Q2AdvancedAnnual report
「Resolution date 16 June 2020 Categories and number of grantees (people) The Company's directors 3 people (including 3 also serving as executive officers) (Note) 1 The Company's executive officers 9 people Number of stock acquisition rights (rights)* 298 (Note) 2 Class, details and number of shares underlying the stock acquisition rights (shares)* Common stock 29,800 (Note) 3 Exercise period for the stock acquisition rights* From 10 July 2020 to 9 July 2040」
The grant of 298 stock acquisition rights, representing 29,800 shares, to 3 directors and 9 executive officers pursuant to the resolution of 16 June 2020 is described. - FY2020AdvancedAnnual report
「Performance-linked compensation is paid to full-time directors and executive officers. The total amount is determined using achievement of targets and year-on-year improvement in consolidated net sales and consolidated operating income for the current fiscal year, as well as ROE, a management metric the Company considers important, as performance indicators and as an incentive for sustained performance improvement each fiscal year.」
The operation of performance-linked compensation using achievement of and improvement against targets for net sales, operating income and ROE was specified in detail together with the results for the current fiscal year. - FY2020-Q2AdvancedAnnual report
「Resolution date 18 June 2019 Categories and number of grantees (people) The Company's directors 3 people (including 3 also serving as executive officers) (Note) 1 The Company's executive officers 11 people Number of stock acquisition rights (rights)* 350 (Note) 2 Class, details and number of shares underlying the stock acquisition rights (shares)* Common stock 35,000 (Note) 3 Amount to be paid upon exercise of the stock acquisition rights (yen)* 1 (Note) 4 Exercise period for the stock acquisition rights* From 12 July 2019 to 11 July 2039」
The grant of 350 stock acquisition rights, representing 35,000 shares, to 3 directors and 11 executive officers pursuant to the resolution of 18 June 2019 is described. - FY2019AdvancedAnnual report
「Performance-linked compensation is paid to full-time directors and executive officers. The total amount is determined using achievement of targets and year-on-year improvement in consolidated net sales and consolidated operating income for the current fiscal year, as well as ROE, a management metric the Company considers important, as performance indicators and as an incentive for sustained performance improvement each fiscal year.」
The operation of performance-linked compensation has been specified in detail, using achievement of and improvement against targets for net sales, operating income and ROE as performance indicators. - FY2019-Q2AdvancedAnnual report
「Resolution date 14 June 2018 Categories and number of grantees (people) The Company's directors 3 people (including 3 also serving as executive officers) (Note) 1 The Company's executive officers 11 people Number of stock acquisition rights (rights)* 344 (Note) 2 Class, details and number of shares underlying the stock acquisition rights (shares)* Common stock 34,400 (Note) 3 Exercise period for the stock acquisition rights* From 13 July 2018 to 12 July 2038」
The grant of 344 stock acquisition rights, representing 34,400 shares, to 3 directors and 11 executive officers pursuant to the resolution of 14 June 2018 is described under performance-linked compensation and stock compensation-type stock options. - FY2018First statedAnnual report
「Compensation for directors and executive officers is determined by considering the responsibilities associated with each individual's position and executive duties, the Company's performance, the business environment and prevailing compensation levels, with the aim of increasing motivation to improve the Group's performance and contributing to increased shareholder value. Compensation for directors and executive officers consists of fixed compensation, performance-linked compensation and stock compensation-type stock options, as described below.」
The policy provides for executive compensation to consist of fixed compensation, performance-linked compensation and stock compensation-type stock options, aligning compensation with improved performance and increased shareholder value.