Enhancing corporate value over the medium to long term through performance-linked compensation and the directors' shareholding association
First written in FY2019. 7 of 9 entries say "Advanced", first in FY2020. Latest entry: 2026-07-24.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Achieved".
- 2026-07-24AchievedShare Issuance and Disposal
「We hereby announce that the payment procedures have been completed today in connection with the disposal of treasury shares as restricted stock compensation, as resolved at the Board of Directors meeting held on 26 June 2026.」
The company has recorded completion of the payment procedures for the disposal of 45,600 treasury shares as restricted stock compensation. - FY2026-H1AdvancedAnnual report
「Based on the disposal of treasury shares as restricted stock compensation resolved at a meeting of the Board of Directors held on 27 June 2025, the company disposed of 41,600 treasury shares on 25 July of the same year.」
The company disposed of 41,600 treasury shares as restricted stock compensation, continuing its share-based compensation plan for directors and others. - FY2025AdvancedAnnual report
「The targets for the relevant performance metrics in the current period were consolidated revenue of ¥80,000 million, consolidated operating profit of ¥7,000 million and consolidated ordinary profit of ¥7,200 million. Actual results were ¥75,745 million, ¥6,268 million and ¥7,047 million, respectively.」
The specific targets and actual results for revenue, operating profit and ordinary profit in the current period are disclosed as performance-linked compensation metrics. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 May 2024, the company resolved to conduct this disposal of treasury shares at a meeting of the Board of Directors held on 27 June 2024, pursuant to the restricted stock compensation plan introduced to provide eligible directors, including directors to be appointed in the future, with incentives to achieve sustained growth in the company’s corporate value and to promote greater value sharing with shareholders.」
The company disposed of 21,800 treasury shares with a total value of ¥54,652,600 to 14 directors and others under the restricted stock compensation plan, thereby giving specific form to incentives for enhancing corporate value and sharing value with shareholders. - FY2023AdvancedAnnual report
「The targets for the relevant performance metrics in the current period were consolidated revenue of ¥82,000 million, consolidated operating profit of ¥9,000 million and consolidated ordinary profit of ¥9,300 million. Actual results were ¥78,397 million, ¥7,566 million and ¥8,104 million, respectively.」
The specific targets and actual results for revenue, operating profit and ordinary profit in the current period are disclosed in relation to performance-linked compensation. - FY2022AdvancedAnnual report
「The targets for the relevant performance metrics in the current period were consolidated revenue of ¥78,000 million, consolidated operating profit of ¥8,000 million and consolidated ordinary profit of ¥8,200 million. Actual results were ¥78,001 million, ¥8,566 million and ¥9,311 million, respectively.」
The specific targets and actual results for consolidated revenue, operating profit and ordinary profit in the current period are disclosed as performance-linked compensation metrics. - FY2021AdvancedAnnual report
「The composition ratio of fixed to performance-linked compensation (monthly performance-linked compensation plus bonuses) is approximately “fixed compensation: performance-linked compensation = 55–50%:45–50%.” In determining the details of individual compensation and other benefits for each director, the matter is referred to the Nominating and Compensation Committee, an advisory body to the Board of Directors, to ensure transparency and objectivity. Following deliberation by the Nominating and Compensation Committee, the Board of Directors makes the decision.」
The proportion of performance-linked compensation has been increased from the previous 40–45% to 45–50%, and the process for determining individual compensation by the Nominating and Compensation Committee is clearly stated. - FY2020AdvancedAnnual report
「The targets serving as the basic bonus performance metrics for the current period were consolidated revenue of ¥64,000 million, consolidated operating profit of ¥6,000 million and consolidated ordinary profit of ¥6,000 million. Actual results were ¥66,725 million, ¥6,009 million and ¥6,225 million, respectively.」
The specific targets and actual results for performance-linked compensation are disclosed for the first time. The composition ratio of fixed to performance-linked compensation is approximately 60–55% to 40–45%. - FY2019First statedAnnual report
「Bonuses are performance-linked compensation paid according to each period's results. The basic performance evaluation indicators are the degree of achievement of targets for consolidated net sales, consolidated operating income and consolidated ordinary income. In determining the amount paid, the company also comprehensively considers the extent of increases from the previous period in light of sustainable growth and other factors. The proportions of fixed and performance-linked compensation vary depending on business performance and other factors, but are generally at the level of “fixed compensation: performance-linked compensation = 60–50%: 40–50%.”」
Regarding executive compensation, the degree of achievement of targets for revenue, operating profit and ordinary profit is used as the basic bonus performance metric, and the composition ratios of fixed and performance-linked compensation are disclosed. Directors are also required to purchase the company’s shares through the directors’ shareholding association and hold them while in office.