Executive Compensation Decisions Incorporating Advice from Outside Directors
First written in FY2019. 6 of 11 entries say "Advanced", first in FY2021. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 2 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「Under this plan, the total amount of monetary compensation claims paid to eligible directors for the granting of restricted stock is capped at ¥300 million per year, excluding employee salaries, and the total number of the company’s common shares issued or disposed of under the plan is capped at 300,000 shares per year.」
The company outlined plans to introduce a restricted stock compensation plan for executive officers, subject to submitting the proposal to the General Meeting of Shareholders. The framework specifies an annual limit of ¥300 million, an annual limit of 300,000 shares, and a transfer restriction period of 1 to 30 years. - FY2023RestatedAnnual report
「Performance-linked compensation (bonuses) is limited to no more than 20% of annual basic compensation (cash compensation).」
The company continues to apply the policy limiting performance-linked compensation to no more than 20% of basic compensation, with executive compensation determined based on advice from the Audit and Supervisory Committee and resolution of the Board of Directors or consultation among Audit and Supervisory Committee members. - FY2022RestatedAnnual report
「Individual compensation amounts are to be determined within the limits approved by the General Meeting of Shareholders after obtaining prior advice from the Audit and Supervisory Committee. Compensation for directors other than directors serving as Audit and Supervisory Committee members is determined by resolution of the Board of Directors, while compensation for directors serving as Audit and Supervisory Committee members is determined through consultation among those directors.」
The company continues to determine executive compensation through prior advice from the Audit and Supervisory Committee and resolution of the Board of Directors or consultation among Audit and Supervisory Committee members. It also states that performance-linked compensation is limited to no more than 20% of basic compensation. - FY2021AdvancedAnnual report
「Performance-linked compensation (bonuses) is limited to no more than 20% of annual basic compensation (cash compensation).」
In addition to the existing procedure of determining compensation after obtaining advice from outside directors, the company has specified the composition of fixed compensation, performance-linked compensation and retirement bonuses, the use of net income as a performance metric, and the limit of performance-linked compensation at no more than 20% of basic compensation. - FY2020RestatedAnnual report
「Executive compensation is determined within the limits approved in advance by the General Meeting of Shareholders, taking into account prevailing compensation levels, the company’s business performance and operations, and balance with employee compensation. After obtaining advice in advance from outside directors, compensation for directors other than directors serving as Audit and Supervisory Committee members is determined by resolution of the Board of Directors, while compensation for directors serving as Audit and Supervisory Committee members is determined through consultation among those directors.」
The company continues to determine executive compensation after obtaining prior advice from outside directors and through resolution of the Board of Directors or consultation among Audit and Supervisory Committee members. - FY2019First statedAnnual report
「Executive compensation is determined within the limits approved in advance by the General Meeting of Shareholders, taking into account prevailing compensation levels, the company’s business performance and operations, and balance with employee compensation. After obtaining advice in advance from outside directors, compensation for directors other than directors serving as Audit and Supervisory Committee members is determined by resolution of the Board of Directors, while compensation for directors serving as Audit and Supervisory Committee members is determined through consultation among those directors.」
The company specifies the procedure for determining executive compensation, including prior advice from outside directors and determination by resolution of the Board of Directors or through consultation among Audit and Supervisory Committee members. Annual compensation is capped at ¥240 million for directors other than Audit and Supervisory Committee members and ¥60 million for Audit and Supervisory Committee members.