Sharing Value with Shareholders through Restricted Stock Compensation
First written in FY2021. 8 of 11 entries say "Advanced", first in FY2022. Latest entry: 2026-07-17.
- FY2026AdvancedAnnual report
「Share-based compensation for executive directors consists of performance-linked restricted share-based compensation, taking into account position, responsibilities and other factors, granted at a specified time each year. The subscription rights to shares issued as tax-qualified stock options were discontinued upon the allocation for the 55th fiscal year.」
The Company revised its previous share-based compensation system and established a specific system under which executive directors receive performance-linked restricted shares tied to ROE, TSR and other metrics, while non-executive directors receive restricted shares not linked to performance. - FY2025AdvancedAnnual report
「The Company will revise the executive compensation system by strengthening its performance linkage, including increasing the proportion of variable compensation, adopting non-financial metrics as performance evaluation indicators, and introducing performance-independent share-based compensation for outside directors, excluding those serving as Audit & Supervisory Committee members.」
For share-based compensation intended to share value with shareholders, the Company plans to revise the system by eliminating stock options and incorporating performance-linked restricted shares, non-financial metrics and performance-independent restricted shares for outside directors. - FY2024AdvancedAnnual report
「Other (disposal of treasury shares under the restricted share-based compensation system): 5,200 Restricted share-based compensation expense: ¥12.373 million」
Under the restricted share-based compensation system, the Company disposed of 5,200 treasury shares and recognized ¥12.373 million in compensation expense during the fiscal year. - FY2023AdvancedAnnual report
「Other (disposal of treasury shares under the restricted share-based compensation system): 9,100 Restricted share-based compensation: ¥19.637 million」
Under the restricted share-based compensation system, the Company disposed of 9,100 treasury shares and recognized ¥19.637 million in share-based compensation during the fiscal year. - FY2022AdvancedAnnual report
「Other (disposal of treasury shares under the restricted share-based compensation system): 5,700 Restricted share-based compensation: ¥11.901 million」
For the restricted share-based compensation system introduced in the previous fiscal year, the Company disclosed that it disposed of 5,700 treasury shares and recognized ¥11.901 million in share-based compensation during the fiscal year. - FY2021First statedAnnual report
「Compensation for directors, excluding outside directors, is structured so that approximately 80% to 90% consists of cash compensation and 10% to 20% consists of share-based compensation as a medium- to long-term incentive. The objective is to further increase directors' motivation and morale to contribute to sustained improvements in performance and corporate value over the medium to long term by sharing with shareholders the benefits and risks of share price fluctuations. Under this system, the total number of restricted shares granted to eligible directors is capped at 20,000 shares per year, and the total cash compensation paid for allocating these restricted shares is capped at ¥50 million per year.」
The Company incorporated share-based compensation into director compensation and introduced a restricted share-based compensation system aimed at sharing value with shareholders and increasing corporate value over the medium to long term. The annual maximum is 20,000 shares, and total annual compensation is capped at ¥50 million.