Introduction of a Performance-Linked Stock Compensation Plan
First written in FY2021. 5 of 7 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2025: 4 of 19 companies on the "Worse" side.
23 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedShare Issuance and Disposal
「The treasury shares will be disposed of to Sumitomo Mitsui Trust Bank, Limited (Trust Account), the trustee of the trust established for the introduction of this plan (re-trustee: Custody Bank of Japan, Ltd. (Trust Account)).」
For the performance-linked stock compensation plan, the Company decided to dispose of 131,000 treasury shares to the trust for a total disposal amount of ¥556,750,000, thereby advancing the implementation of the plan. - FY2026AdvancedAnnual report
「The metrics for the performance-linked share delivery trust plan were based on FY2025 figures. Against the ROE and EBITDA targets set in Mid-Term Management Plan 2025, actual ROE was 8.1% and EBITDA was ¥106.3 billion, with only ROE achieving its target. The sustainability metric received a D rating, on a five-grade scale of S, A, B, C and D, against the metrics set out in the Company's environmental activity targets, including the Eco Action Plan 2030.」
For the performance-linked share remuneration plan, the Company disclosed performance assessments for ROE, EBITDA and the sustainability metric, with only ROE achieving the medium-term plan target. - FY2023AdvancedAnnual report
「At a Board of Directors meeting held on 23 June 2023, the Company resolved that the points to be granted as remuneration for the 3 fiscal years beginning after the fiscal year ending 31 March 2024 would be weighted ①:②:③ = 40%:30%:30%.」
For the performance-linked share remuneration plan, the Company determined the specific calculation method, with weights of 40%, 30% and 30% for ROE, EBITDA and the sustainability metric, respectively. - FY2022-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 3 August 2021, the Company decided to dispose of treasury shares as performance-linked share remuneration, as follows. This is referred to below as the “Treasury Share Disposal.”」
For the performance-linked share remuneration plan approved for introduction, the Company decided on the specific implementation details, including disposing of 515,700 common shares to the trust account on 19 August 2021. - FY2021First statedAnnual report
「To clarify the linkage between directors' remuneration and the Company's performance and share value, and to heighten directors' awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders the gains and risks arising from share-price fluctuations, the 108th Annual General Meeting of Shareholders held on 25 June 2021 resolved to introduce a performance-linked share remuneration plan for directors other than outside directors.」
The Company introduced a share remuneration plan linked to performance and share value for directors other than outside directors. The plan covers the fiscal years ending March 2022 through March 2026 and uses ROE, EBITDA and sustainability metrics.