Compensation policy aligning corporate performance and executive achievements with shareholder value
First written in FY2016. 11 of 17 entries say "Advanced", first in FY2018. Latest entry: 2026-10-28.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The target for performance-linked compensation for the fiscal year ending June 2026 was net income attributable to owners of the parent of ¥1,300 million, while actual net income was ¥2,423 million.」
For the profit metric used in performance-linked compensation, actual net income of ¥2,423 million exceeded the ¥1,300 million target for the fiscal year ending June 2026. The company provided further details on its policy of reflecting its long-term vision, corporate culture, and sharing of interests with shareholders in the compensation system. - 2026-09-07AdvancedGeneral Meetings of Shareholders
「長期の企業価値向上への貢献につきましては、成果給と株式報酬等を通じて株主の皆様との利害の一致を図るとともに、役員一人ひとりが会社を担う姿勢を、報酬の仕組みそのものに反映してまいります。」
役員報酬について、短期の純利益だけでなく、長期ビジョン、成果給、株式報酬及び企業文化への貢献を報酬制度に反映する方向を具体化している。 - FY2025-H1AdvancedAnnual report
「Pursuant to a resolution of the board meeting held on 27 September 2024, the company issued 91,270 new shares as restricted stock compensation, effective 25 October 2024.」
Under the restricted stock compensation plan, 91,270 new shares were issued to directors, Audit and Supervisory Committee members, and employees of the company and its subsidiaries, among others, representing progress in the plan's operation. - FY2024ReframedAnnual report
「Regarding future policy, we determined that it is important to place greater emphasis on a medium- to long-term perspective rather than pursuing short-term profits. Specifically, we will reduce short-term performance-linked compensation and focus on advancing a medium- to long-term strategy centered on the strategic concept "Leading the Circular Economy," as well as building the organizational and personnel structure.」
The company explicitly stated its policy of shifting the focus of officer compensation from short-term profit-linked compensation to its medium- to long-term strategy centered on the circular economy and its organizational and personnel structure. Net income attributable to owners of the parent for the fiscal year ended June 2024 was ¥537 million, against a target of ¥1,670 million. - FY2024-Q1AdvancedAnnual report
「At a board meeting held on 27 September 2023, the company resolved to issue new shares as restricted stock compensation as described below, and payment by the eligible recipients was completed on 26 October 2023.」
For the restricted stock compensation plan, the company issued 40,384 common shares to the eligible recipients, and payment was completed on 26 October 2023. - FY2023-Q1AdvancedAnnual report
「At a board meeting held on 28 September 2022, the company resolved to dispose of treasury shares as restricted stock compensation as described below, and payment by the eligible recipients was completed on 27 October 2022.」
For the restricted stock compensation plan, the company resolved to dispose of 37,031 common shares held as treasury shares, and payment was completed on 27 October 2022. - FY2022AchievedAnnual report
「Net income attributable to owners of the parent: ¥1,950 million (target)*; ¥3,111 million (actual)」
For the key performance-linked compensation metric, actual net income of ¥3,111 million exceeded the initial target of ¥1,950 million, and the company disclosed that the profit target for the fiscal year had been exceeded. - FY2022-Q1AdvancedAnnual report
「At a board meeting held on 28 September 2021, the company resolved to dispose of treasury shares as restricted stock compensation as described below, and payment by the eligible recipients was completed on 27 October 2021.」
The company resolved to dispose of 13,107 treasury shares as restricted stock compensation, and payment was completed on 27 October 2021. The plan's operation for officers, employees, and others progressed further. - FY2021AdvancedAnnual report
「Restricted stock compensation is determined with the 5–10% range of base compensation plus performance-linked compensation as a guideline.」
The company has newly detailed the evaluation method for performance-linked compensation using business performance, share price, and other factors, and the policy of setting restricted stock compensation at 5–10% of base compensation and performance-linked compensation. - FY2021-Q1AdvancedAnnual report
「At a board meeting held on 29 September 2020, the company resolved to dispose of treasury shares as restricted stock compensation as described below, and payment was completed on 28 October 2020.」
For the restricted stock compensation plan, the disposal of 36,012 treasury shares and completion of payment on 28 October 2020 are described, indicating further progress in implementing the plan. - FY2020-Q1AdvancedAnnual report
「At a board meeting held on 26 September 2019, the company resolved to dispose of treasury shares as restricted stock compensation as described below, and payment was completed on 25 October 2019.」
For the restricted stock compensation plan, the disposal of 30,643 treasury shares and completion of payment on 25 October 2019 are described, indicating further progress in implementing the plan. - FY2019-Q1AchievedAnnual report
「Pursuant to a resolution of the board meeting held on 27 September 2018, the company issued 26,847 new shares as restricted stock compensation, effective 26 October 2018.」
The issuance of 26,847 shares under the restricted stock compensation plan for directors, Audit and Supervisory Committee members, employees, and officers of subsidiaries and others was completed on 26 October 2018, bringing the plan into the implementation stage. - FY2018AdvancedAnnual report
「The purpose of introducing this plan is to grant the company's directors (hereinafter, the "Eligible Directors") an incentive to contribute to enhancing corporate value by allotting them restricted shares and having them hold company shares, while aligning the interests of the Eligible Directors with those of shareholders.」
In addition to the existing policy of linking business performance and shareholder value with officer compensation, the company resolved to introduce a restricted stock compensation plan, which was approved at the general meeting of shareholders. - FY2017RestatedAnnual report
「The basic policy for determining director compensation is to appropriately link business performance and each director's responsibilities and performance in order to enhance shareholder value and business performance over the medium to long term.」
The policy of linking compensation to business performance and each director's responsibilities and performance, and deliberating it through the Nomination and Compensation Committee, is reiterated. - FY2016First statedAnnual report
「The basic policy for determining director compensation is to appropriately link business performance and each director's responsibilities and performance in order to enhance shareholder value and business performance over the medium to long term.」
The compensation policy, determined by the representative director after deliberation by the Nomination and Compensation Committee, including independent outside directors, is described.