Performance-Based Executive Compensation Linked to Shareholder Returns
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Specifically, compensation for executive directors consists of basic compensation as fixed compensation and performance-linked compensation. Directors responsible for oversight functions, namely directors serving as Audit and Supervisory Committee members, receive only basic compensation in view of their duties.」
The policy of linking compensation to shareholder interests continued to apply, and ¥10.520 million in performance-linked compensation for executive directors was recognized for the period. - FY2021First statedAnnual report
「The company's compensation structure for directors is linked to shareholder interests so that it functions effectively as an incentive for the sustained enhancement of corporate value. Its basic policy is to set compensation for each director at an appropriate level based on the director's responsibilities.」
The company newly stated its basic policy of linking executive compensation to shareholder interests, with executive directors receiving fixed and performance-linked compensation and directors serving as Audit and Supervisory Committee members receiving basic compensation.