Performance-Linked Compensation and Executive Share Ownership through a Shareholding Association
First written in FY2018. 3 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- FY2026RaisedAnnual report
「Indicator Target (¥ millions) Actual (¥ millions) Ordinary income 2,800 3,433 Consolidated ordinary income 3,100 3,640」
The targets for performance-linked compensation were raised from ordinary income of ¥2,680 million and consolidated ordinary income of ¥2,850 million in the previous fiscal year to ¥2,800 million and ¥3,100 million, respectively. Actual results were ordinary income of ¥3,433 million and consolidated ordinary income of ¥3,640 million. - 2026-06-04AdvancedGeneral Meetings of Shareholders
「¥300 million or less per year, including ¥20 million or less per year for outside directors」
A proposal has been submitted to the general meeting of shareholders to revise the annual remuneration limit for directors, excluding directors who are Audit & Supervisory Committee members, from ¥220 million or less to ¥300 million or less. A proposal has also been presented to revise the annual total limit for monetary claims for the grant of restricted stock from ¥12 million or less to ¥20 million or less. Neither proposal has yet been approved by the general meeting of shareholders. - FY2025Updated Performance-Based Compensation Targets and ResultsAnnual report
「The targets and actual results for the indicators related to bonuses for the fiscal year under review are as follows. Indicator Target (¥ millions) Actual (¥ millions) Ordinary income 2,680 3,030 Consolidated ordinary income 2,850 3,400」
For the performance-linked compensation indicators, the company disclosed annual targets and actual results for ordinary income and consolidated ordinary income. Actual results exceeded targets in both cases. - FY2024AdvancedAnnual report
「The company exchanged views and reviewed the method for calculating performance-linked compensation and other compensation paid to directors (hereinafter, "bonuses"), including the performance evaluation indicators, the allocation ratios for payments determined based on individual performance and other factors, and the method of evaluating individual performance.」
The Compensation Committee reviewed the method for calculating performance-linked compensation and also discloses targets and actual results using ordinary income as a performance evaluation indicator. - FY2023RestatedAnnual report
「The compensation of directors who are not Audit and Supervisory Committee members, other than outside directors, consists of fixed compensation as basic compensation (hereinafter, "basic compensation"), bonuses as performance-linked compensation serving as a short-term incentive (hereinafter, "bonuses"), and restricted stock compensation as non-monetary compensation serving as a medium- to long-term incentive (hereinafter, "restricted stock compensation").」
The company reiterates its policy of combining fixed compensation, performance-linked compensation and restricted stock compensation and discloses targets and actual results using ordinary income as a performance evaluation indicator. - FY2021ReframedAnnual report
「The compensation of directors who are not Audit and Supervisory Committee members, other than outside directors, consists of fixed compensation as basic compensation (hereinafter, "basic compensation"), bonuses as performance-linked compensation serving as a short-term incentive (hereinafter, "bonuses"), and restricted stock compensation as non-monetary compensation serving as a medium- to long-term incentive (hereinafter, "restricted stock compensation").」
In addition to the previous policy on fixed and performance-linked compensation and company share ownership through the officers' shareholding association, restricted stock compensation was incorporated into the compensation structure for eligible directors. - FY2020RestatedAnnual report
「Fixed compensation is determined based on a standard amount for each position, with amounts added or deducted according to achievement against the performance evaluation indicators of operating income and operating margin.」
The company reiterates its policy of combining fixed and performance-linked compensation, reflecting operating income, operating margin, order value, ROE and other indicators in compensation, and contributing at least 5% of fixed compensation to the officers' shareholding association. - FY2019RestatedAnnual report
「The compensation of directors other than outside directors and directors who serve as Audit and Supervisory Committee members consists of fixed compensation and performance-linked compensation (bonuses).」
The company reiterates its policy of combining fixed and performance-linked compensation and reflecting indicators such as operating income, operating margin, order value and ROE, as well as individual performance, in compensation. It also states a policy of contributing at least 5% of fixed compensation to the officers' shareholding association. - FY2018First statedAnnual report
「Directors' compensation consists of fixed compensation and performance-linked compensation (bonuses), set at levels that maintain incentives to improve performance while taking the business environment and objective external materials into consideration. In addition, to share interests with shareholders and manage the company with an awareness of increasing the value of its shares, directors other than outside directors use at least 5% of their fixed compensation to purchase company shares through the officers' shareholding association.」
The company states a policy of structuring directors' compensation as fixed compensation and performance-linked compensation, with directors other than outside directors allocating at least 5% of fixed compensation to the purchase of company shares.