Enhancing Corporate Value over the Medium to Long Term through Performance-Linked Share Compensation
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 6 of 39 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors held on 28 January 2026, the company disposed of 78,900 treasury shares as performance-linked stock compensation on 20 February 2026. As a result of this disposal of treasury shares, during the current interim consolidated accounting period, capital surplus increased by ¥12.939 million and treasury shares decreased by ¥38.108 million.」
Under the performance-linked stock compensation plan, the company disposed of 78,900 treasury shares on 20 February 2026 and is proceeding with the operation of the plan. - FY2023-Q3RestatedAnnual report
「In connection with the introduction of the performance-linked stock compensation plan for directors and others, the company disposed of 68,600 treasury shares on 22 February 2023 pursuant to a resolution of the Board of Directors held on 25 January 2023. As a result of this disposal of treasury shares and other transactions, during the first 3 quarters of the current consolidated fiscal year, share capital increased by ¥9 million, capital surplus increased by ¥5.295 million, and treasury shares decreased by ¥52.959 million.」
The company reconfirms the disposal of 68,600 treasury shares in connection with the performance-linked stock compensation plan and the resulting changes in share capital, capital surplus, and treasury shares. - FY2023-Q2AdvancedAnnual report
「In connection with the introduction of the performance-linked stock compensation plan for directors and others, the company disposed of 68,600 treasury shares on 22 February 2023 pursuant to a resolution of the Board of Directors held on 25 January 2023.」
Under the performance-linked stock compensation plan, the company disposed of 68,600 treasury shares on 22 February 2023 and has begun operating the plan. - FY2022First statedAnnual report
「Under this performance-linked compensation plan, the Company’s Board of Directors sets quantitative performance targets in advance for the period determined by the Board of Directors (the “Evaluation Period”; as described in 2. (2) below, the initial Evaluation Period covers the 3 fiscal years from 1 October 2022 to 30 September 2025). The target directors receive, as compensation and other remuneration, a number of the Company’s common shares and cash calculated according to the percentage of achievement of those targets. The aggregate limits for the monetary compensation claims and cash granted to all eligible directors, and for the total number of shares ultimately delivered, are ¥80 million and 72 thousand shares, respectively, over the 3 fiscal years.」
The company introduced a performance-linked stock compensation plan, with the 3 fiscal years from 1 October 2022 to 30 September 2025 as the Evaluation Period, based on resolutions of the Board of Directors in November 2022 and the shareholders’ meeting in December 2022. Under the plan, shares and cash are granted according to the operating profit achievement rate, up to a limit of ¥80 million and 72 thousand shares.