Sharing Value with Directors Through Performance-Linked and Stock-Based Compensation
First written in FY2019. 14 of 17 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-07-24.
87 other companies' latest entry also says "Advanced".
- FY2026ReframedAnnual report
「The Company plans to introduce a post-performance award-type performance-linked share compensation plan for directors other than outside directors (the “Plan”).」
In addition to existing fixed compensation, short-term performance-linked compensation and restricted stock compensation, the company plans to introduce a post-performance award-type performance-linked share compensation plan. The performance period will run from 1 April 2026 to 31 March 2028, and the plan will use operating margin and relative TSR performance versus TOPIX, among other metrics. The annual limits are 30 thousand shares and ¥150 million in monetary compensation claims. - FY2026-H1AdvancedAnnual report
「The disposal of 3,585 treasury shares conducted on 25 April 2025 as restricted stock compensation reduced the number of treasury shares by 3,585. The disposal of 15,287 treasury shares conducted on 25 July 2025 as restricted stock compensation reduced the number of treasury shares by 15,287.」
For restricted stock compensation, the disclosure records the disposal of a total of 18,872 treasury shares in April and July 2025, indicating that the plan continues to operate. - FY2025-H1AdvancedAnnual report
「The disposal of 1,101 treasury shares conducted on 26 April 2024 as restricted stock compensation reduced the number of treasury shares by 1,101. The disposal of 13,957 treasury shares conducted on 24 July 2024 as restricted stock compensation reduced the number of treasury shares by 13,957.」
For restricted stock compensation, the disclosure records the disposal of a total of 15,058 treasury shares in April and July 2024, indicating that the plan for sharing value with directors and others continues to operate. - FY2023AdvancedAnnual report
「Directors (excluding outside directors): 13,823 shares, 6 people; executive officers (excluding executive officers who also serve as directors): 11,824 shares, 8 people」
For restricted stock compensation, the company granted 13,823 shares to 6 directors and 11,824 shares to 8 executive officers during the current period. - FY2023-Q2AdvancedAnnual report
「The disposal of 25,647 treasury shares conducted on 22 August 2022 as restricted stock compensation reduced the number of treasury shares by 25,647.」
For restricted stock compensation, the disclosure records the specific progress of disposing of 25,647 treasury shares on 22 August 2022. - FY2022AdvancedAnnual report
「The compensation structure is set so that, approximately, fixed compensation: performance-linked compensation: restricted stock compensation = 70:10:20 on an annualized basis.」
The company has specified a compensation structure including performance-linked and restricted stock compensation, and during the current fiscal year granted 14,835 restricted shares to 6 directors and 11,701 restricted shares to 7 executive officers. - FY2022-Q2AdvancedAnnual report
「The disposal of 26,536 treasury shares conducted on 21 July 2021 as restricted stock compensation reduced the number of treasury shares by 26,536.」
For restricted stock compensation, the disclosure records the specific progress of disposing of 26,536 treasury shares on 21 July 2021. - FY2021AdvancedAnnual report
「The compensation structure is set so that, approximately, fixed compensation: performance-linked compensation: restricted stock compensation = 70:10:20 on an annualized basis.」
The company has established a specific compensation structure for officer compensation, including performance-linked and restricted stock compensation, with a 70:10:20 composition ratio when targets are achieved. - FY2021-Q2AdvancedAnnual report
「The disposal of 33,830 treasury shares conducted on 22 July 2020 as restricted stock compensation reduced the number of treasury shares by 33,830.」
For restricted stock compensation, the disclosure records the specific progress of disposing of 33,830 treasury shares on 22 July 2020. - FY2020RestatedAnnual report
「Performance-linked compensation is calculated based on a company-wide performance assessment, calculated year on year using consolidated performance indicators such as annual revenue, operating profit and operating margin, and an individual performance assessment for each officer.」
The company continues to operate a compensation plan linked to revenue, operating profit and operating margin, together with restricted stock compensation. Directors' compensation for the current period includes ¥40 million in performance-linked compensation and ¥28 million in share-based compensation. - FY2020-Q2AdvancedAnnual report
「The disposal of treasury shares conducted on 19 July 2019 as restricted stock compensation reduced the number of treasury shares by 20,437.」
For the restricted stock compensation approved for introduction in June 2019, the disclosure records the specific implementation step of disposing of treasury shares on 19 July 2019. - FY2019First statedAnnual report
「Compensation for directors other than outside directors consists of fixed compensation determined by position and performance-linked compensation based on annual performance. Performance-linked compensation is calculated based on a company-wide performance assessment, calculated using consolidated performance indicators such as revenue, operating profit and operating margin, and an individual performance assessment for each officer. In addition, the 90th Annual General Meeting of Shareholders held on 21 June this year resolved to provide compensation for the grant of restricted stock to the Company's directors other than outside directors. Following the introduction of this share-based compensation plan, share-based compensation is expected to account for approximately 20% of total compensation.」
The company disclosed a compensation structure linked to revenue, operating profit and operating margin, and established a nomination and compensation committee in December 2018. The introduction of restricted stock compensation was further approved at the June 2019 Annual General Meeting of Shareholders, with share-based compensation expected to account for approximately 20%.