Executive Compensation System Based on Fixed and Performance-Linked Compensation
First written in FY2019. 11 of 15 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-07-23.
86 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Each year, a cash payment will be made at a specified time, with the total amount of the short-term incentive component of the annual bonus set at 1% of consolidated profit before income taxes and other adjustments for each fiscal year and allocated individually. In addition, long-term incentives intended to promote sustainable growth in the company's enterprise value and further align value with shareholders will be provided as restricted stock compensation.」
The company continued its system of combining an annual bonus equivalent to 1% of performance-linked compensation with restricted stock compensation, and recorded 1,026 restricted shares and ¥5 million in non-monetary compensation for the year. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 June 2025, the company resolved and carried out the disposal of treasury shares as restricted stock compensation for the company's directors, excluding outside directors, as set out below.」
Regarding restricted stock compensation, on 24 July 2025 the company disposed of 1,026 treasury shares to 3 directors for a total of ¥5,171,040. - FY2025AdvancedAnnual report
「Each year, a cash payment will be made at a specified time, with the total amount of the short-term incentive component of the annual bonus set at 1% of consolidated profit before income taxes and other adjustments for each fiscal year and allocated individually. In addition, long-term incentives intended to promote sustainable growth in the company's enterprise value and further align value with shareholders will be provided as restricted stock compensation.」
The company specified in its annual report its policy of combining an annual bonus equivalent to 1% of consolidated profit before income taxes and restricted stock compensation, and recorded ¥16 million in performance-linked compensation and ¥3 million in non-monetary compensation for the year. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 June 2024, the Company resolved and carried out the disposal of treasury shares as restricted stock compensation for the Company's directors, excluding outside directors, as set out below.」
Regarding restricted stock compensation, on 25 July 2024 the company disposed of 752 treasury shares to 3 directors for a total disposal value of ¥3,590,800. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 18 April 2024, the Company resolved to change its policy for determining performance-linked compensation and other remuneration.」
The Board of Directors resolved to change the policy for determining performance-linked compensation and other remuneration. The Company continues to use 1% of consolidated income before taxes as the basis for the total year-end bonus, and recognized performance-linked compensation of ¥9 million and restricted stock compensation of ¥2.246 million for the current fiscal year. - FY2024-Q2AdvancedAnnual report
「(1) Payment date 27 July 2023 (2) Type and number of shares to be disposed of 471 common shares of the Company (3) Disposal price ¥4,770 per share (4) Total disposal value ¥2,246,670」
Under the restricted stock compensation system, the Company disposed of 471 treasury shares for 2 directors on 27 July 2023, for a total amount of ¥2,246,670. - FY2023-Q2AdvancedAnnual report
「Payment date 28 July 2022 Type and number of shares to be disposed of: 552 common shares of the Company Total disposal value ¥2,544,720」
Under the restricted stock compensation system, the Company disposed of 552 treasury shares for 3 directors on 28 July 2022, for a total amount of ¥2,544,720. - FY2022AdvancedAnnual report
「Performance-linked compensation for the Company's directors is paid as a year-end bonus. The total amount is set at 1% of consolidated net income before income taxes and other adjustments for each fiscal year, and is paid annually at a specified time.」
The Company specified in its annual report the policy of calculating performance-linked compensation at a total amount equal to 1% of consolidated income before taxes, as well as the actual results for restricted stock compensation. - FY2022-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 June 2021, the Company resolved and carried out the disposal of treasury shares as restricted stock compensation for the Company's directors, excluding outside directors, as set out below.」
Regarding the restricted stock compensation approved for introduction, the Company disposed of 667 common shares held in treasury on 28 July 2021 for a total amount of ¥2,694,680. - FY2022-Q2ReframedAnnual report
「At the 128th Annual General Meeting of Shareholders held on 29 June 2021, the Company received approval to pay eligible directors monetary claims of up to ¥30 million per year as monetary compensation to be used as property contributed for the acquisition of shares with transfer restrictions, referred to as “restricted stock compensation,” and to dispose of up to 10,000 shares of the Company's common stock per year. Approval was also received to set the transfer restriction period for the restricted shares as the period ending immediately after the eligible director retires from a position predetermined by the Company's Board of Directors, among other matters.」
In addition to fixed and performance-linked compensation, the Company introduced a restricted stock compensation system aimed at providing medium- to long-term incentives and sharing value with shareholders, setting annual limits of ¥30 million and 10,000 shares. - FY2021ReframedAnnual report
「Performance-linked compensation for the Company's directors is paid as a year-end bonus. The total amount is set at 1% of consolidated net income before income taxes and other adjustments for each fiscal year, and is paid annually at a specified time.」
The Company specified its previous description of fixed and performance-linked compensation by setting out a policy for calculating a year-end bonus with a total amount equal to 1% of consolidated income before taxes. No year-end bonus was paid in the current fiscal year, taking into account the impact of infectious diseases on business performance and other factors. - FY2020RestatedAnnual report
「The Company's executive compensation and other remuneration consists of fixed compensation and performance-linked compensation. Fixed compensation is paid according to the size of each executive's role and scope of responsibility, while performance-linked compensation is paid after taking actual business performance into account.」
The Company continues to use an executive compensation system consisting of fixed compensation and performance-linked compensation, with a calculation policy that takes roles, responsibilities and business performance into account. - FY2019First statedAnnual report
「The Company's executive compensation and other remuneration consists of fixed compensation and performance-linked compensation」
The Company structured executive compensation as fixed compensation and performance-linked compensation, and for the first time documented its policy of determining payments by taking into account each executive's role, scope of responsibility and business performance.