Executive compensation policy centered on fixed remuneration, with no performance-linked remuneration
First written in FY2021. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The total number of the company’s common shares issued or disposed of under this system shall not exceed 20,000 shares per year.」
Under the restricted stock compensation plan introduced in the previous fiscal year, 3,800 common shares were granted to 8 directors and other officers on 18 July 2025, and an expense of ¥6.905 million was recorded in the current fiscal year. - FY2025ReframedAnnual report
「To provide incentives for the sustainable enhancement of corporate value and to promote greater value sharing with shareholders, the company will, in principle, grant directors, excluding outside directors, a number of restricted shares determined each year at a specified time, taking into account their positions and other factors.」
The company has changed its policy from one centered on fixed compensation and directors’ retirement benefits, without providing performance-linked or non-monetary compensation, to one that includes the grant of restricted shares to directors other than outside directors. - FY2022RestatedAnnual report
「No performance-linked or non-monetary compensation is paid.」
The company continues its policy of structuring director compensation as fixed compensation and directors’ retirement benefits, without providing performance-linked or non-monetary compensation. - FY2021First statedAnnual report
「Directors' compensation consists of fixed monetary compensation, comprising "basic compensation" and "directors' retirement allowances." No performance-linked compensation or non-monetary compensation is paid.」
At a board meeting held on 10 February 2021, the Company resolved that directors' compensation would consist of fixed compensation and directors' retirement allowances, with no performance-linked or non-monetary compensation paid.