Director Compensation Policy Combining Performance-Linked and Share-Based Compensation
First written in FY2021. 1 of 4 entries say "Reframed", first in FY2024. Latest entry: 2026-06-09.
- 2026-06-09AdvancedGeneral Meetings of Shareholders
「The Nomination and Compensation Advisory Committee shall, in principle, meet monthly and may also meet on an ad hoc basis as necessary.」
The description of the committee’s meeting frequency was corrected from “four times a year” to “monthly in principle.” - FY2025RestatedAnnual report
「Consolidated operating income 8,000 4,860 60.8」
The Company continued to use consolidated operating income as a KPI for its compensation policy. In the fiscal year under review, actual consolidated operating income was ¥4,860 million against a target of ¥8,000 million, representing an achievement rate of 60.8%. - FY2024ReframedAnnual report
「When KPIs are achieved at 100%, the indicative ratios by type of compensation are approximately 4:4:2 for representative directors and 5:3:2 for directors, in the order of basic compensation, performance-linked compensation and other compensation, and non-monetary compensation and other compensation.」
The composition of director compensation, comprising fixed, performance-linked and share-based compensation, was specified by position, based on a 100% KPI achievement rate. - FY2021First statedAnnual report
「Compensation for the Company's directors consists of fixed compensation linked to the Company's performance, comprising fixed compensation as basic compensation, performance-linked compensation and share-based compensation.」
A policy was established under which director compensation consists of fixed compensation, performance-linked compensation and share-based compensation. The indicative ratio at a 100% KPI achievement rate was set at 6:3:1.