Policy for determining executive compensation and performance-linked compensation
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2024.
40 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In addition, the Board of Directors has confirmed that, with respect to individual directors’ compensation and other remuneration for the fiscal year, the method used to determine the compensation and other remuneration, as well as the details of the compensation and other remuneration determined, are consistent with the policy for determining such compensation and other remuneration adopted by resolution of the Board of Directors, and has determined that they comply with that policy.」
The Company reconfirms that the Board of Directors confirmed the consistency of compensation decisions with the policy for determining individual directors’ compensation revised in February 2022. - FY2023AdvancedAnnual report
「In addition, the Board of Directors has confirmed that, with respect to individual directors’ compensation and other remuneration for the fiscal year, the method used to determine the compensation and other remuneration, as well as the details of the compensation and other remuneration determined, are consistent with the policy for determining such compensation and other remuneration adopted by resolution of the Board of Directors, and has determined that they comply with that policy.」
The Board of Directors confirmed that compensation decisions for the fiscal year were consistent with the policy for determining individual directors’ compensation revised in February 2022. Procedures for performance-linked bonuses that take ordinary profit and net sales targets into account have also been specified in greater detail. - FY2022ReframedAnnual report
「At a Board of Directors meeting held on 9 February 2022, the Company adopted a resolution revising its policy for determining the details of individual directors’ compensation and other remuneration.」
The Company discloses that the Board of Directors revised its policy for determining individual directors’ compensation and adopted the resolution after taking the opinions of outside officers into account. - FY2020RestatedAnnual report
「The Company has formulated and adopted a resolution of the Board of Directors on the basic policy for determining directors’ compensation, as described below.」
The Company continues to disclose compensation levels, the composition of fixed compensation, directors’ retirement allowances and directors’ bonuses, and decision-making procedures based on consultation with outside directors and performance targets. - FY2019First statedAnnual report
「The Company has formulated and adopted a resolution of the Board of Directors on the basic policy for determining directors’ compensation, as described below.」
For the first time, the Company has provided a consolidated disclosure of compensation levels, the composition of fixed compensation, directors’ retirement allowances and directors’ bonuses, and decision-making procedures based on consultation with outside directors and performance targets.