Executive Compensation System Based on Fixed Compensation and Performance-Linked Bonuses
First written in FY2020. 6 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Other (disposal of treasury shares as restricted stock compensation) 10,000 7,889」
The company continued its system combining fixed compensation and restricted stock compensation, and during the current period disposed of 10,000 treasury shares as restricted stock compensation at a total disposal value of ¥7.889 million. - 2026-05-27AdvancedGeneral Meetings of Shareholders
「Directors (excluding Audit and Supervisory Committee members and outside directors) 3,200」
The company reports that 3,200 shares were delivered to 2 directors during the fiscal year as restricted stock compensation. - FY2024AdvancedAnnual report
「Other (disposal of treasury shares as restricted stock compensation) 11,700 9,230」
The company disposed of 11,700 treasury shares as restricted stock compensation at a total disposal value of ¥9.230 million, reporting the operating results of its stock compensation plan. - FY2023AdvancedAnnual report
「Specifically, compensation comprises basic compensation as fixed compensation and restricted stock compensation. The basic compensation of directors, excluding directors who are Audit and Supervisory Committee members, comprises monthly fixed cash compensation and bonuses paid at a specified time after the end of the relevant fiscal year.」
The company describes a compensation structure combining fixed compensation and bonuses with restricted stock compensation. During the fiscal year, it provided restricted stock compensation of ¥3.420 million and disposed of 10,900 treasury shares. - FY2022-Q2AdvancedAnnual report
「Treasury shares decreased by 2,600 shares as a result of the disposal of treasury shares carried out on 4 August 2021 as restricted stock compensation.」
The company disposed of 2,600 treasury shares as restricted stock compensation, reporting the implementation of the compensation plan as an actual disposal of shares. - FY2021AdvancedAnnual report
「Based on a resolution delegating authority from the Board of Directors, Representative Director and President Suzuki Hirohide (鈴木 弘英) determines the specific amounts of individual compensation for directors, excluding directors who are Audit and Supervisory Committee members. This system is intended to provide directors of the company, excluding directors who are Audit and Supervisory Committee members and outside directors, with incentives to achieve sustainable growth in corporate value and to promote greater sharing of value with shareholders.」
The company formalized its policy for determining director compensation through the Board of Directors and specified the delegation of authority to the Representative Director and President to determine individual compensation. In addition, the restricted stock compensation plan was approved at the general meeting of shareholders held after the filing, adding the enhancement of corporate value and value sharing with shareholders to the compensation system. - FY2020First statedAnnual report
「The compensation of our directors, excluding directors who are Audit and Supervisory Committee members, comprises basic compensation as fixed compensation based on the nature of their duties and bonuses paid according to annual company performance and the results achieved in each director's area of responsibility. Compensation is determined by the Board of Directors, at which multiple independent outside directors are present, after comprehensively considering the directors' performance of their duties and their contributions to the company and its shareholders.」
The company has, for the first time, stated its policy of comprising director compensation of basic compensation and bonuses based on performance and results, with compensation determined by the Board of Directors in the presence of outside directors.