Executive compensation taking into account short-, medium- and long-term performance and contributions to enhancing corporate value
First written in FY2019. 10 of 13 entries say "Advanced", first in FY2021. Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 13 of 117 companies on the "Worse" side.
- FY2027-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 26 June 2026, the company disposed of 5,687 treasury shares on 24 July 2026 as restricted stock compensation for directors and recorded the difference between the disposal price and carrying value in capital surplus.」
Under the restricted stock compensation plan, the company disposed of 5,687 treasury shares on 24 July 2026 and continued to operate the stock compensation system. - FY2026AdvancedAnnual report
「The targets and actual results for the fiscal year are as follows: Operating income | Target: ¥2,524 million | Actual: ¥2,631 million」
Operating income, the basis for performance-linked compensation, was ¥2,631 million versus a target of ¥2,524 million. The company disclosed performance-linked compensation of ¥104,108 thousand for executive directors, including ¥12,249 thousand in non-monetary compensation. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 June 2025, 5,183 treasury shares were disposed of on 25 July 2025 as restricted stock compensation for directors, and the disposal difference was recorded in capital surplus.」
For the restricted stock compensation plan, 5,183 treasury shares were disposed of on 25 July 2025, and operation of the plan has continued. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 June 2024, 5,121 treasury shares were disposed of on 26 July 2024 as restricted stock compensation for directors, and the disposal difference was recorded in capital surplus.」
For the restricted stock compensation plan, 5,121 treasury shares were disposed of on 26 July 2024. The company disclosed the plan’s operating results. - FY2024AdvancedAnnual report
「Specifically, the compensation of the president, senior managing directors, managing directors and other executive directors is performance-linked compensation, comprising monetary and non-monetary compensation, while outside directors responsible for supervisory functions receive fixed monetary compensation in light of their duties.」
The company disclosed a policy of providing executive directors with monetary and non-monetary performance-linked compensation and outside directors with fixed compensation. Performance-linked compensation of ¥75,397 thousand was recorded for the current fiscal year, including ¥7,850 thousand in non-monetary compensation. - FY2024-Q1AdvancedAnnual report
「The payment procedures for the disposal of treasury shares as restricted stock compensation, approved at the Board of Directors meeting held on 29 June 2023, were completed on 28 July 2023.」
For the restricted stock compensation plan, the disposal and payment procedures for 6,172 treasury shares were completed on 28 July 2023. The recipients were 5 directors, excluding outside directors, and the total disposal amount was ¥10,467,712. The plan has progressed from approval of its introduction to execution of the initial share disposal. - FY2023AdvancedAnnual report
「At a Board of Directors meeting held on 29 June 2023, we adopted a policy for determining individual director compensation.」
In addition to the previous 7-point evaluation based on operating income and other factors, the company adopted a policy of introducing non-monetary compensation, including restricted stock, as performance-linked compensation for executive directors. - FY2022RestatedAnnual report
「At a Board of Directors meeting held on 10 February 2021, we adopted a policy for determining individual director compensation. Specifically, the compensation of the president, senior managing directors, managing directors and other executive directors is performance-linked compensation, while outside directors responsible for supervisory functions receive fixed compensation in light of their duties.」
The policy of providing performance-linked compensation to executive directors, fixed compensation to outside directors, and 7-point evaluations based on operating income and other factors has been continued. - FY2021AdvancedAnnual report
「At a Board of Directors meeting held on 10 February 2021, we adopted a policy for determining individual director compensation. Specifically, the compensation of the president, senior managing directors, managing directors and other executive directors is performance-linked compensation, while outside directors responsible for supervisory functions receive fixed compensation in light of their duties. The president, senior managing directors, managing directors and other executive directors are evaluated on a 7-point scale based on performance, including operating income.」
The company specified a system under which the Board of Directors adopts a policy for determining individual compensation, executive directors are evaluated on a 7-point scale based on operating income and other factors, and outside directors receive fixed compensation. - FY2020Compensation procedures and limits specifiedAnnual report
「The compensation of each director is entrusted to the representative director by a resolution of the Board of Directors following the annual general meeting of shareholders, and is determined within the compensation limits approved at the general meeting of shareholders, taking into account the balance with prevailing compensation levels, the company’s management and employee salaries. Although no voluntary independent compensation committee or similar body has been established, we believe that outside directors appropriately participate in and provide advice on compensation decisions at Board of Directors meetings.」
In addition to the previous policy of considering short-, medium- and long-term performance and contributions to the enhancement of corporate value, the company has specifically described the delegation of authority from the Board of Directors to the representative director, compensation limits, and the involvement and advice of outside directors. - FY2019First statedAnnual report
「We have not established a specific policy regarding the amount of executive compensation or the method of determining it, but determine compensation after considering factors including the desire to enhance contributions to short-, medium- and long-term performance and the enhancement of corporate value.」
Although no clear policy has been established for determining compensation amounts, executive compensation is determined after considering factors including contributions to short-, medium- and long-term performance and the enhancement of corporate value.