Director incentives through performance-linked compensation and stock-based compensation
First written in FY2017. 3 of 9 entries say "Reframed", first in FY2019. Latest entry: 2026-06-15.
- FY2025Performance-linked compensation results updatedAnnual report
「Net sales ¥24,000 million ¥19,950 million Operating income or operating loss ¥1,680 million (¥307 million) Net income or net loss ¥720 million (¥797 million) ROE 2.1% (2.3%)」
For performance-linked compensation indicators, the Company disclosed targets and actual results for the fiscal year ended February 2025 for net sales, operating income, net income and ROE. It granted 9,700 restricted shares to 2 people as non-monetary compensation. - FY2024ReframedAnnual report
「In addition, as a guideline for the ratios by type of compensation, when the target performance indicators for performance-linked compensation are achieved, the ratio of base compensation to performance-linked compensation to non-monetary compensation is 66.7:22.2:11.1.」
The structure comprising base compensation, performance-linked compensation and restricted stock compensation has been specified as a system that includes performance indicators and indicative compensation ratios. During the fiscal year, 17,000 restricted shares were granted to 3 people. - FY2023AdvancedAnnual report
「Directors, excluding outside directors: 17,000 of the Company's common shares; 3 people」
The Company reports that 17,000 common shares were granted to 3 directors under the restricted stock compensation plan. Operating results following the change from the stock-based stock option plan have been updated. - FY2021ReframedAnnual report
「At the 58th Annual General Meeting of Shareholders held on 18 May 2021, approval was obtained to abolish the above stock-based stock option plan and introduce a restricted stock compensation plan in its place.」
For executive incentives, the stock-based stock option plan has been abolished and changed to a restricted stock compensation plan. The limits of ¥50 million per year and a total of 50,000 common shares are also stated. - FY2020RestatedAnnual report
「Because the Company's directors, excluding outside directors, are responsible for executing operations, the Company provides them, within the compensation limits approved by the General Meeting of Shareholders, with base compensation, bonuses as performance-linked compensation and stock-based stock options, creating a compensation structure that encourages them to focus on achieving short-term performance targets and enhancing corporate value over the medium to long term.」
The Company has reconfirmed a compensation structure comprising base compensation, bonuses as performance-linked compensation and stock-based stock options, designed to encourage focus on short-term performance targets and enhancing corporate value over the medium to long term. - FY2019ReframedAnnual report
「In determining directors' compensation, the voluntary Nomination and Compensation Advisory Committee, which includes outside directors who are independent officers, deliberates on the appropriateness of the compensation system and proposed compensation from the perspective of ensuring transparency and objectivity in the compensation decision-making process, and advises the Board of Directors of the results.」
The compensation structure comprises fixed compensation, performance-linked compensation and stock-based stock options, and expressly provides for deliberation and advice by the voluntary Nomination and Compensation Advisory Committee, including outside directors. - FY2017First statedAnnual report
「The compensation system consists of fixed basic compensation, performance-linked compensation as a short-term incentive, and share-based stock options as a long-term incentive.」
The filing describes basic compensation, performance-linked compensation based on indicators such as net sales and operating income, and share-based stock options intended to align directors' interests with shareholders.