Executive Compensation Centered on Fixed Compensation and the Nomination and Compensation Committee
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
60 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「By director category, fixed basic compensation accounts for 100% of compensation, and there is no performance-linked compensation or similar remuneration.」
Director compensation remains 100% fixed, with no performance-linked compensation. The framework under which the Board of Directors decides compensation after deliberation and recommendations by the Nomination and Compensation Committee is also described. - FY2025RestatedAnnual report
「By director category, fixed basic compensation accounts for 100% of compensation, and there is no performance-linked compensation or similar remuneration.」
Director compensation remains 100% fixed, with no performance-linked compensation. The framework under which the Board of Directors decides compensation after deliberation and recommendations by the Nomination and Compensation Committee is also described. - FY2022First statedAnnual report
「By director category, fixed basic compensation accounts for 100% of compensation, and there is no performance-linked compensation or similar remuneration. Stock options as share-based incentive compensation may be granted within the scope approved by the General Meeting of Shareholders when the Nomination and Compensation Committee evaluates the contribution to improved performance, sustainable growth or the enhancement of corporate value over the medium to long term, and the Board of Directors makes a decision based on the committee's recommendation. No such grants are currently being made.」
Director compensation consists entirely of fixed basic compensation, with no performance-linked compensation. The compensation policy determined by the Board of Directors based on recommendations from the Nomination and Compensation Committee is tracked for the first time.