Introduction of a Restricted Stock Compensation Plan
First written in FY2020. 4 of 9 entries say "Advanced", first in FY2023. Latest entry: 2026-07-24.
- FY2026RaisedAnnual report
「The FY2026 compensation structure is as follows. Fixed compensation: 100, performance-linked compensation: 65, restricted stock compensation: 32.5」
The company increased performance-linked compensation from 55 in the previous fiscal year to 65 and restricted stock compensation from 27.5 to 32.5. It also plans to introduce a PSU plan with a three-fiscal-year performance period, expanding linkage to ROIC, operating profit and ESG metrics. - FY2025RaisedAnnual report
「The FY2025 compensation structure is as follows. Fixed compensation 100 Performance-linked compensation 55 Restricted stock compensation (Long-term incentive compensation) 27.5」
The company increased the proportion of performance-linked compensation from 45 to 55 and restricted stock compensation from 22.5 to 27.5, strengthening linkage to ESG metrics in addition to operating profit and ROIC. - FY2024RaisedAnnual report
「The FY2024 compensation structure consists of fixed compensation of 100, performance-linked compensation of 45 and restricted stock compensation of 22.5.」
The company increased performance-linked compensation from the previously disclosed 40% to 45% and incorporated the renewable energy adoption rate, CO2 emissions, lost-time injury frequency rate and engagement score into the evaluation metrics, in addition to operating profit and ROIC. - FY2023AdvancedAnnual report
「Performance-linked compensation as a percentage of compensation for duties performed in FY2022, to be paid in FY2023, will be 35% (operating profit: 15%, ROIC: 15%, ESG-related: 5%), while performance-linked compensation as a percentage of compensation for duties performed in FY2023, to be paid in FY2024, will be 40% (operating profit: 17.5%, ROIC: 17.5%, ESG-related: 5%).」
In addition to the restricted stock compensation plan, the company set performance-linked compensation at 40% of the amount to be paid in FY2024 and specified its linkage to operating profit, ROIC and ESG metrics. - FY2020First statedAnnual report
「The company resolved to pay cash compensation, capped at ¥80 million per year, for the grant of restricted stock, with the specific allocation to each eligible director to be decided by the Board of Directors. The total number of the company's common shares to be issued or disposed of to eligible directors as a result will be capped at 100,000 shares per year.」
The company introduced restricted stock compensation as part of its director compensation system and specified caps on cash compensation and the number of shares.