Executive Compensation Deliberations by a Compensation Committee Including Outside Directors
First written in FY2024. 2 of 4 entries say "Reframed", first in 2026-03-02. Latest entry: 2026-03-25.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- 2026-03-25RestatedGovernance
「Compensation Committee」
The Compensation Committee was included in the organizational chart in the Corporate Governance Report, reiterating the system for consultation with and recommendations from the Board of Directors, including the Compensation Committee. - FY2025ReframedAnnual report
「At a Board meeting held on 16 February 2026, the company reviewed its executive compensation system and resolved to introduce a restricted stock compensation plan for directors other than Audit and Supervisory Committee members as a replacement for performance-linked compensation. The company will submit a proposal on the plan to the ordinary general meeting of shareholders scheduled for 24 March 2026.」
The Compensation Committee's process for deliberating fixed and performance-linked compensation continues, while the company has revised its policy to introduce restricted stock compensation in place of performance-linked compensation. The plan is subject to shareholder approval and capped at 40,000 shares per fiscal year. - 2026-03-02ReframedGeneral Meetings of Shareholders
「This proposal is intended to introduce a restricted stock compensation plan for the eligible directors as a compensation system replacing the former performance-linked compensation plan. The purpose is to provide the eligible directors with incentives to achieve sustained growth in corporate value and to promote greater sharing of value between the eligible directors and shareholders.」
A proposal was made to replace the former performance-linked compensation plan with a restricted stock compensation plan under a framework in which the Compensation Committee, including outside directors, deliberates executive compensation. - FY2024First statedAnnual report
「To enhance objectivity in directors' compensation, the company has established a Compensation Committee as an optional advisory body to the Board of Directors, which meets at least once a year.」
A majority of the committee members are outside directors, and an outside director chairs the committee. It deliberates fixed and performance-linked compensation and makes recommendations to the Board.