Determination of Performance-Based Compensation by the Compensation Committee
First written in FY2018. 8 of 11 entries say "Advanced", first in FY2021. Latest entry: 2026-07-17.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The committee met 5 times during the year from April 2025 to March 2026. The main matters deliberated were as follows. The chair was Takao Mori (森 隆男), an independent outside director. • Determination of the performance-linked compensation assessment for fiscal 2024 • Setting of the performance-linked compensation assessment for fiscal 2025 • Review of the proposed executive structure」
The Nomination and Compensation Committee met 5 times during the fiscal year and deliberated on performance-linked compensation assessments and settings, as well as the proposed executive structure. The chair is an independent outside director. - FY2026-H1AdvancedAnnual report
「Treasury shares decreased by 6,770 shares as a result of the disposal of treasury shares conducted on 17 July 2025 as restricted stock compensation, based on a resolution of the Board of Directors at its meeting held on 20 June 2025.」
For restricted stock compensation, the company disposed of treasury shares based on a resolution of the Board of Directors, reducing treasury shares by 6,770 shares. - FY2025-H1AdvancedAnnual report
「Treasury shares decreased by 5,984 shares as a result of the disposal of treasury shares conducted on 19 July 2024 as restricted stock compensation, based on a resolution of the Board of Directors at its meeting held on 21 June 2024.」
Regarding the restricted stock compensation whose introduction had been considered in the previous fiscal year, treasury shares were disposed of based on a resolution of the Board of Directors, reducing treasury shares by 5,984 shares. - FY2024AdvancedAnnual report
「The committee met 8 times during the year from April 2023 to March 2024. The main matters deliberated were as follows. The chair was Tatsuya Nakagawa (中川 達也), an independent outside director. • Determination of the performance-linked compensation assessment for fiscal 2022 • Setting of the performance-linked compensation assessment for fiscal 2023 • Review of the proposed executive structure • Consideration of the introduction of a restricted stock compensation plan and other matters」
The number of annual meetings of the Nomination and Compensation Committee increased from 4 to 8, and the committee deliberated on the introduction of a restricted stock compensation plan in addition to performance-linked compensation. - FY2023AdvancedAnnual report
「The committee met 4 times during the year from April 2022 to March 2023. The main matters deliberated were as follows. The chair was Tatsuya Nakagawa (中川 達也), an independent outside director. • Determination of the performance-linked compensation assessment for fiscal 2021 • Setting of the performance-linked compensation assessment for fiscal 2022 • Review of the proposed executive structure」
The Nomination and Compensation Committee met 4 times during the year and deliberated on performance-linked compensation assessments and settings, as well as the proposed executive structure. - FY2022AdvancedAnnual report
「During the year from April 2021 to March 2022, the Compensation Committee met 2 times and the Nomination and Compensation Committee met 2 times. The main matters deliberated were as follows: • Determination of the performance-linked compensation assessment for fiscal 2020 • Setting of the performance-linked compensation assessment for fiscal 2021 • Review of the company's organizational rules, proposed executive structure, independence criteria for outside directors and directors' skills matrix」
The Compensation Committee and Nomination and Compensation Committee met a total of 4 times and deliberated on performance-linked compensation assessments and settings, as well as the executive structure, independence criteria and skills matrix. - FY2021AdvancedAnnual report
「The Compensation Committee met 4 times during the year from April 2020 to March 2021, primarily to deliberate on the following matters: • Determination of the performance-linked compensation assessment for fiscal 2019 • Setting of the performance-linked compensation assessment for fiscal 2020 • Review of the Directors' Compensation Rules」
The Compensation Committee met 4 times during the year and determined and set performance-linked compensation assessments and reviewed the Directors' Compensation Rules. - FY2018First statedAnnual report
「Directors' compensation is determined based on methods approved by the Board of Directors, within the limits approved by the General Meeting of Shareholders. Monthly compensation consists of base compensation plus performance-linked compensation based on performance. The determination of base and performance-linked compensation may be delegated to a Compensation Committee established at the discretion of the Board of Directors by resolution, and the committee members are selected from among the directors by resolution of the Board of Directors.」
The compensation structure provides for performance-linked compensation to be added to directors' base compensation, with the determination able to be delegated to the Compensation Committee.