Incentives to Enhance Corporate Value Through a Performance-Conditioned Share-Based Compensation Scheme
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has established a performance-based share compensation plan, known as a performance share unit plan (the "PSU Plan"), for directors other than directors serving as Audit and Supervisory Committee members and outside directors. The plan is intended to provide incentives to achieve annual and medium- to long-term performance targets and increase corporate value, while further promoting value sharing with shareholders. In addition to serving continuously as a director or other officer for a specified period, eligibility is subject to performance-based conditions calculated using financial metrics.」
The company continues the PSU Plan, an annual limit of 30,000 shares and annual compensation capped at ¥250 million, with performance conditions based on revenue and operating profit. - FY2023First statedAnnual report
「The plan was introduced to provide eligible directors with incentives to achieve sustained growth in our corporate value, further promote value sharing with shareholders and strengthen incentives to achieve performance targets.」
The company introduced a performance share unit plan, with an annual limit of 30,000 shares and annual compensation capped at ¥250 million, and established 3 performance measurement periods from the fiscal year ending September 2024 through the fiscal year ending September 2028.