Executive compensation policy centered on fixed compensation, with no performance-linked compensation
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Other".
- FY2026Update to executive compensation limits and decision-making frameworkAnnual report
「At the 106th Annual General Meeting of Shareholders held on 27 June 2025, approval was obtained for a maximum annual amount of ¥170 million in compensation for directors, excluding directors who are Audit & Supervisory Committee members.」
The company states that it will maintain its policy of paying fixed compensation and bonuses, with no performance-linked or non-monetary compensation, and sets the annual compensation limit for directors excluding Audit & Supervisory Committee members at ¥170 million. - FY2022RestatedAnnual report
「Fixed compensation is paid periodically while the officer is in office, and the decision whether to pay a bonus is made during the officer's tenure based on single-year performance. No performance-linked compensation or similar compensation is paid. No non-monetary compensation or similar compensation is paid.」
The company reaffirms its policy of paying fixed compensation and bonuses in cash, with no performance-linked or non-monetary compensation. - FY2021First statedAnnual report
「Fixed compensation is paid periodically while the officer is in office, and the decision whether to pay a bonus is made during the officer's tenure based on single-year performance. No performance-linked compensation or similar compensation is paid. No non-monetary compensation or similar compensation is paid.」
For executive compensation, the policy of paying fixed compensation and bonuses in cash, with no performance-linked or non-monetary compensation, is described as a topic for the first time.