Design of the proportions of directors’ base salary, bonuses and stock-based compensation
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Base compensation (base salary) 50% Performance-linked compensation (executive compensation) 35% Performance-linked compensation (executive stock benefit trust) 15%」
The company continues its policy of classifying directors’ compensation into three types—base compensation, performance-linked bonuses and performance-linked stock-based compensation—with proportions of 50%, 35% and 15%, respectively. - FY2023Change in compensation mixAnnual report
「Base compensation (base salary) 50% Performance-linked compensation (executive compensation) 35% Performance-linked compensation (executive stock benefit trust) 15%」
While maintaining the framework of base compensation, executive bonuses and BBT as the three types of directors’ compensation, the company changed the proportions from the previous approximate levels of 55%, 40% and 5% to 50%, 35% and 15%, respectively. - FY2022RestatedAnnual report
「Directors’ compensation consists of (1) monthly base compensation (base salary), (2) performance-linked compensation paid twice per fiscal year (executive bonuses), and (3) performance-linked compensation based on the results for the fiscal year (stock benefit trust). Each type of compensation is determined through fair and transparent procedures at a level appropriate to the basic policy.」
The company continues to use a compensation structure consisting of base compensation, executive bonuses paid twice a year and performance-linked stock-based compensation. The approximate proportions are 55%, 40% and 5%, respectively. - FY2021First statedAnnual report
「Directors’ compensation consists of (1) monthly base compensation (base salary), (2) performance-linked compensation paid twice per fiscal year (executive bonuses), and (3) performance-linked compensation based on the results for the fiscal year (stock benefit trust). Each type of compensation is determined through fair and transparent procedures at a level appropriate to the basic policy.」
The company newly disclosed in a systematic manner its policy of dividing directors’ compensation into base compensation, executive bonuses paid twice a year and performance-linked stock-based compensation, with approximate proportions of 55%, 40% and 5%, respectively.