Executive Compensation Including Performance-Linked and Share-Based Components
First written in FY2018. 2 of 7 entries say "Reframed", first in FY2019. Latest entry: 2026-07-31.
87 other companies' latest entry also says "Advanced".
- FY2021ReframedAnnual report
「The types of remuneration for directors other than those serving on the Audit and Supervisory Committee are base remuneration, performance-linked remuneration and restricted stock remuneration. The ratios of each type of remuneration to each director's total individual remuneration are set by the Board of Directors following deliberation by the Nomination and Remuneration Committee, with an emphasis on performance linkage.」
The executive compensation system was organized around basic compensation, performance-linked compensation, and restricted stock compensation, with the decision-making process handled by a Nomination and Compensation Committee composed primarily of outside directors. - FY2020Implementation of restricted stock compensationAnnual report
「The Company introduced a restricted stock compensation system for directors, excluding outside directors and directors who are Audit and Supervisory Committee members, to provide incentives for sustained increases in corporate value and promote further value sharing with shareholders. An amount calculated by multiplying the applicable position-based percentage is paid as monetary compensation claims, and the full amount is allocated to the acquisition of the Company's common shares.」
The content of the restricted stock compensation system introduced in the previous fiscal year continued to be disclosed, and 17,065 treasury shares were disposed of during the fiscal year. - FY2019ReframedAnnual report
「At the 49th Annual General Meeting of Shareholders held on 18 June 2019, the Company introduced a restricted stock compensation system for directors, excluding outside directors and directors who are Audit and Supervisory Committee members, to provide incentives for sustained increases in corporate value and promote further value sharing with shareholders. In connection with the introduction of the restricted stock compensation system, the share acquisition-based compensation system previously in place was abolished.」
The Company changed its compensation system from the previous share acquisition-based compensation system to a restricted stock compensation system intended to provide incentives for improving corporate value and promote value sharing with shareholders. - FY2018First statedAnnual report
「Compensation for directors other than those who are Audit and Supervisory Committee members is based primarily on position, but the system places particular emphasis on performance linkage to drive further improvement in business performance.」
The compensation policy combines fixed compensation, variable compensation linked to performance, share-based compensation through an accumulated share investment plan and bonuses primarily based on achievement of performance targets.