Executive Compensation Policy Based Solely on Fixed Compensation
First written in FY2019. 6 of 10 entries say "Advanced", first in FY2021. Latest entry: 2026-07-24.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a disposal of treasury shares for specified restricted stock compensation for the company's directors and others, the company disposed of 20,222 common shares on 25 July 2025 for total consideration of ¥6,208,154.」
For the restricted stock compensation plan, the company recorded the disposal of 20,222 shares on 25 July 2025. - FY2025AdvancedAnnual report
「At a Board of Directors meeting held on 26 June 2024, the company resolved to dispose of treasury shares to grant specified restricted stock to its directors, and the payment procedure was completed on 25 July 2024.」
For the restricted stock compensation plan, the payment procedure for the disposal of 17,659 treasury shares was completed on 25 July 2024, updating the record of implementation. - FY2024-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 19 May 2023, the company resolved to introduce a new restricted stock compensation plan for its directors, including directors appointed in the future, excluding outside directors (the eligible directors). The purpose of the plan is to provide incentives for the sustained improvement of the company's medium- to long-term corporate value and shareholder value, while further promoting the sharing of value with shareholders.」
The company gave concrete form to the change from its previous policy of providing only fixed compensation to a policy combining fixed and share-based compensation, and the Board of Directors resolved to introduce a restricted stock compensation plan. The subsequent events section also states that 36,860 shares were disposed of on 21 July 2023. - FY2023ReframedAnnual report
「The company has established a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors. Its purposes are to ensure the fairness, transparency and objectivity of procedures for deciding the nomination and compensation of directors, enhance the Board of Directors' supervisory function, and strengthen the corporate governance system.」
The company changed from its previous policy of providing only fixed compensation to a policy combining fixed compensation and share-based compensation by introducing a restricted stock compensation plan at the annual general meeting of shareholders held in June 2023. - FY2021AdvancedAnnual report
「The company established its policy for determining the content of individual directors' compensation and other remuneration at a Board of Directors meeting held on 19 February 2021. The policy is summarized below. Compensation for the company's directors, excluding directors who are Audit and Supervisory Committee members, consists solely of basic compensation as fixed compensation, with no performance-linked compensation or non-monetary compensation.」
The company formalized its policy of providing only fixed compensation at the Board of Directors meeting held on 19 February 2021 and specified that it would not adopt performance-linked or non-monetary compensation. - FY2020RestatedAnnual report
「Compensation for the company's directors, excluding directors who are Audit and Supervisory Committee members, and directors who are Audit and Supervisory Committee members consists solely of fixed compensation paid based on position and according to their roles and responsibilities. The company does not use performance-linked compensation.」
The company has reconfirmed its policy of providing only fixed compensation based on position, role and responsibility, without performance-linked compensation. - FY2019First statedAnnual report
「Compensation for the company's directors, excluding directors who are Audit and Supervisory Committee members, and directors who are Audit and Supervisory Committee members consists solely of fixed compensation paid based on position and according to their roles and responsibilities. The company does not use performance-linked compensation.」
The company stated a policy under which executive compensation consists solely of fixed compensation based on position, role and responsibility, without performance-linked compensation.