Combination of Previous Fiscal Year EBITDA-Linked Compensation and Restricted Stock Compensation
First written in FY2022. 8 of 12 entries say "Advanced", first in FY2023. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「In addition, based on a resolution of the Board of Directors dated 17 June 2026, the Company disposed of 326,171 treasury shares as restricted stock for the Company's directors, excluding outside directors and directors serving as Audit and Supervisory Committee members, and its employees, effective 17 July 2026. As a result, treasury shares decreased by ¥549 million during the interim consolidated accounting period.」
Under the compensation plan designed to align compensation with business performance and share value and to share value with shareholders, the Company disposed of 326,171 restricted stock shares effective 17 July 2026. - FY2026AdvancedAnnual report
「Performance-linked compensation is calculated by applying a specified percentage, determined based on the performance of executive directors over the preceding year, the company’s growth rate, financial indicators, legal and regulatory compliance, ESG initiatives and other factors, to actual EBITDA of ¥43,489 million for the prior fiscal year, the 11th fiscal year (the fiscal year ended February 2025).」
Performance-linked compensation was calculated based on prior-year EBITDA of ¥43,489 million. For FY2026, performance-linked compensation was ¥798 million and restricted stock compensation was ¥401 million. - FY2026-H1AdvancedAnnual report
「In addition, based on a resolution of the Board of Directors made on 18 June 2025, the Company disposed of 177,204 treasury shares as restricted stock for its directors, excluding outside directors and directors serving as Audit and Supervisory Committee members, and senior employees, effective 18 July 2025. Treasury shares decreased by ¥549 million during the current interim consolidated accounting period.」
Under the compensation system intended to align compensation with performance and share value and to promote value sharing with shareholders, 177,204 restricted shares were disposed of on 18 July 2025. - FY2025AdvancedAnnual report
「Performance-linked compensation is calculated by applying a specified percentage, determined based on the performance of executive directors over the preceding year, the company’s growth rate, financial indicators, legal and regulatory compliance, ESG initiatives and other factors, to actual EBITDA of ¥35,312 million for the prior fiscal year, the 10th fiscal year (the fiscal year ended February 2024).」
Performance-linked compensation based on prior-year EBITDA of ¥35,312 million was implemented. For FY2025, performance-linked compensation was ¥720 million and restricted stock compensation was ¥380 million. - FY2025-H1RestatedAnnual report
「Under the stock compensation system involving the allocation of restricted stock, the company granted restricted stock on 10 July 2024 to 3 of its directors, excluding outside directors and directors who are Audit and Supervisory Committee members. The transaction amount was ¥1,056 million.」
The company disclosed that restricted stock compensation was granted to 3 directors who are not Audit and Supervisory Committee members on 10 July 2024, with a transaction amount of ¥1,056 million. - FY2025-Q1AdvancedAnnual report
「At its meeting held on 19 June 2024, the Board of Directors resolved to dispose of treasury shares as restricted stock compensation and carried out the disposal as follows. Common shares of the Company: 336,697 shares」
Under the restricted stock compensation system intended to align compensation with performance and share value and to promote value sharing with shareholders, 336,697 shares were disposed of for 3 directors and 35 senior employees. - FY2024AdvancedAnnual report
「Performance-linked compensation is calculated by applying a specified percentage, determined based on the performance of executive directors over the preceding year, the company’s growth rate, financial indicators, legal and regulatory compliance, ESG initiatives and other factors, to actual EBITDA of ¥30,163 million for the prior fiscal year, the ninth fiscal year (the fiscal year ended February 2023).」
The company disclosed the actual calculation of performance-linked compensation based on prior-year EBITDA of ¥30,163 million. Performance-linked compensation for the current fiscal year was ¥662 million. - FY2024-Q3RestatedAnnual report
「Under the stock compensation system involving the allocation of restricted stock, the company granted restricted stock on 13 July 2023 to 3 of its directors, excluding outside directors and directors who are Audit and Supervisory Committee members. The transaction amount was ¥402 million.」
Following the transition to a company with an Audit and Supervisory Committee, grants of restricted stock compensation continue to be made to 3 directors who are not Audit and Supervisory Committee members. - FY2024-Q2RestatedAnnual report
「Under the stock compensation system involving the allocation of restricted stock, the company granted restricted stock on 13 July 2023 to 3 of its directors, excluding outside directors and directors who are Audit and Supervisory Committee members. The transaction amount was ¥402 million.」
Following the transition to a company with an Audit and Supervisory Committee, grants of restricted stock compensation continue to be made to 3 directors. - FY2024-Q1AdvancedAnnual report
「The company has introduced a restricted stock compensation system (hereinafter, the “System”) to increase the alignment between directors’ compensation and the company’s medium- to long-term performance and share value, and to further promote value sharing with shareholders. The company’s common stock: 125,461 shares」
Under the restricted stock compensation system intended to align compensation with performance and share value and to promote value sharing with shareholders, 125,461 common shares were disposed of on 13 July 2023. - FY2023AdvancedAnnual report
「Performance-linked compensation is calculated by applying a specified percentage, determined based on position, responsibilities and years in office, among other factors, to the actual EBITDA of ¥21,733 million for the prior fiscal year, the eighth fiscal year (the fiscal year ended February 2022).」
The company disclosed actual performance-linked compensation calculated based on prior-year EBITDA of ¥21,733 million, indicating that the system has moved into the operational phase. - FY2022First statedAnnual report
「Performance-linked compensation is calculated as an amount equal to the prior fiscal year’s EBITDA multiplied by a specified percentage (hereinafter, the “performance-linked percentage”), in order to raise awareness of improving performance in each fiscal year.」
The company disclosed specific details of its policy of combining performance-linked compensation, calculated by applying a specified percentage to the prior fiscal year’s EBITDA, with restricted stock compensation for directors. The compensation structure targets basic compensation of 60–70% and restricted stock compensation of 30–40%.