Executive Compensation Linked to Business Performance and Medium- to Long-Term Corporate Value
First written in FY2017. 7 of 11 entries say "Advanced", first in FY2018. Latest entry: 2026-07-24.
- FY2026AdvancedAnnual report
「The targets and results for the fiscal year were as follows: against targets of consolidated orders of ¥250,000 million and consolidated ordinary income of ¥15,000 million, actual consolidated orders were ¥333,026 million and consolidated ordinary income was ¥16,671 million, before deducting executive bonuses.」
For the performance-linked bonus metrics, the Company disclosed both targets and actual results for orders and ordinary income. It also showed the results of operating the evaluation framework, including ROE. - 2026-06-03RestatedGeneral Meeting of Shareholders
「また、資本効率性をより一層意識した経営を実践していくため、2024年度からはROEを業績評価指標に組み入れております。」
連結受注額・連結経常利益に加え、ROEを業績連動報酬の評価指標とする体系を再掲している。 - FY2025AdvancedAnnual report
「In addition, to manage the Company with a stronger focus on capital efficiency, ROE has been incorporated into the performance evaluation metrics from fiscal 2024.」
In addition to consolidated orders and consolidated ordinary income, ROE was incorporated into the performance metrics for performance-linked bonuses from fiscal 2024. - FY2024RaisedAnnual report
「To strengthen incentives for sustainable improvement in corporate value over the medium to long term, the Board of Directors resolved in February 2024, following consultation with and recommendations from the Human Resources and Compensation Advisory Committee, to increase the ratios of bonuses and share-based compensation relative to fixed annual compensation.」
The guideline maximum bonus ratio relative to fixed compensation was increased from 25% to 40%, and the guideline maximum share-based compensation ratio was increased from 30% to 40%. - FY2023RestatedAnnual report
「Directors’ compensation comprises fixed compensation, bonuses paid based on annual performance and share-based compensation (restricted stock compensation) intended to provide incentives for improving corporate value over the medium to long term.」
The Company continues to operate a compensation structure comprising fixed compensation, performance-linked bonuses and restricted stock compensation, with decisions made by the advisory committee and the Board of Directors. - FY2020AdvancedAnnual report
「The targets and results for the fiscal year were as follows: against targets of consolidated orders of ¥140,000 million and consolidated ordinary income of ¥12,500 million, actual consolidated orders were ¥148,830 million and consolidated ordinary income was ¥10,485 million, before deducting executive bonuses.」
The Company disclosed actual results showing that consolidated orders exceeded the target while ordinary income fell short of the target, using consolidated orders and consolidated ordinary income as performance metrics for performance-linked bonuses. - FY2019AdvancedAnnual report
「Directors’ compensation comprises (1) fixed compensation, (2) bonuses paid based on annual performance and (3) share-based compensation (restricted stock compensation) intended to provide incentives for improving corporate value over the medium to long term. The Company introduced a restricted stock compensation plan in fiscal 2019 to strengthen medium- to long-term incentives and promote greater value sharing with shareholders.」
The compensation structure, which previously included compensation for the purpose of purchasing shares, was specified from fiscal 2019 as a structure including a restricted stock compensation plan. - FY2018AdvancedAnnual report
「In addition to fixed compensation and bonuses paid based on annual performance, directors’ compensation, excluding that of outside directors, includes a fixed amount paid for the purpose of purchasing the Company’s shares to provide incentives for improving corporate value over the medium to long term. This amount is contributed to the officers’ shareholding association.」
The structure comprising fixed compensation, annual performance-linked bonuses and compensation for the purpose of purchasing the Company’s shares, as well as the process under which the Human Resources and Compensation Advisory Committee deliberates executive compensation proposals, is specified. - FY2017First statedAnnual report
「In addition to fixed compensation and bonuses paid based on annual performance, directors’ compensation, excluding that of outside directors, includes a fixed amount paid for the purpose of purchasing the Company’s shares to provide incentives for improving corporate value over the medium to long term. This amount is contributed to the officers’ shareholding association.」
The executive compensation structure combining fixed compensation, annual performance-linked bonuses and compensation for the purpose of purchasing the Company’s shares is described for the first time.