Mino Ceramic (5356) · PolicyAchieved
Abolition of the executive retirement bonus system and transition to performance-linked share compensation
First written in FY2023. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Abolition of executive retirement allowances and transition to performance-linked compensationA theme 2 companies write about · 0 as a headwind · 2 as a tailwind
1 other company's latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2024AchievedAnnual report
「The retirement bonus system for directors was abolished at the conclusion of the 161st Annual General Meeting of Shareholders held on 29 June 2023.」
Confirmed that the abolition of the executive retirement bonus system had been implemented as a system change involving a resolution at the general meeting of shareholders and lump-sum payments upon retirement. - FY2023First statedAnnual report
「At the 161st Annual General Meeting of Shareholders held on 29 June 2023, shareholders approved lump-sum payments to directors in connection with the abolition of the executive retirement bonus system.」
The executive retirement bonus system was abolished, and lump-sum payments upon retirement were approved. Director compensation consists of base compensation, executive bonuses and performance-linked compensation through BBT.