Policy of Providing Only Fixed Compensation and Not Establishing Performance-Linked Compensation
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2024.
62 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「At the same time, the Company fully recognizes the need to introduce performance-linked compensation and share-based compensation linked to shareholder interests so that they function adequately as incentives to achieve sustained growth in corporate value, and will consider this as an issue for future review.」
The Company continues its policy of using monthly fixed compensation as the basic structure while considering the introduction of performance-linked compensation and share-based compensation in the future. - FY2023RestatedAnnual report
「At the same time, the Company fully recognizes the need to introduce performance-linked compensation and share-based compensation linked to shareholder interests so that they function adequately as incentives to achieve sustained growth in corporate value, and will consider this as an issue for future review.」
The Company continues its policy of using monthly fixed compensation as the basic structure while considering the introduction of performance-linked compensation and share-based compensation in the future. - FY2021SoftenedAnnual report
「At the same time, the Company fully recognizes the need to introduce performance-linked compensation and share-based compensation linked to shareholder interests so that they function adequately as incentives to achieve sustained growth in corporate value, and will consider this as an issue for future review.」
In addition to the previous policy of providing fixed compensation only and not setting performance-linked compensation, the Company added that introducing performance-linked compensation and share-based compensation would be considered in the future. - FY2019First statedAnnual report
「Compensation and other remuneration for our officers consists solely of fixed compensation, and no performance-linked compensation has been established.」
The Company stated a policy of providing directors and executive officers with fixed compensation only and not setting performance-linked compensation.