Aligning Interests with Shareholders Through Equity-Compensation Stock Options
First written in FY2016. 8 of 11 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-07-24.
- FY2026AdvancedAnnual report
「The results for each performance indicator for the fiscal year ending March 2026 in relation to variable compensation, comprising bonuses and restricted stock compensation, are as follows.」
For share-based and performance-linked compensation, the company disclosed the results for operating profit margin, net income attributable to owners of the parent and ROE, as well as a 110% payout rate for restricted stock compensation based on FTSE Russell ESG Ratings of 3.6 and an MSCI rating of AA. - FY2025AdvancedAnnual report
「In addition, to promote directors' efforts to address sustainability issues, ESG evaluation indicators were incorporated into part of the restricted stock compensation from 2024. The ESG evaluation indicators are based on a composite assessment by multiple third-party organizations, and the compensation amount varies between 80% and 120% of the standard compensation amount.」
The policy of incorporating ESG evaluations into share-based compensation advanced to the operational stage as an actual compensation calculation system from 2024. - FY2023RaisedAnnual report
「For indicators relating to bonuses paid from FY2024 onward, ROE will be added to operating profit margin and net income attributable to owners of the parent to determine bonus payout rates. For restricted stock allocated from FY2024 onward, ESG initiatives will be evaluated each fiscal year by the Compensation Advisory Committee from the perspective of enhancing corporate value over the medium to long term. Based on the evaluation results, the share-based compensation amount set for each position will be adjusted upward or downward within a range of ±20%.」
For share-based and performance-linked compensation, ROE was added to the bonus performance indicators from FY2024 onward, and a mechanism was established to reflect ESG evaluations in restricted stock compensation. - FY2020ReframedAnnual report
「In addition, based on a resolution of the 86th Annual General Meeting of Shareholders held on 21 June 2019, a restricted stock compensation scheme was introduced. Accordingly, the former stock option scheme with share-based compensation was discontinued, and no new subscription rights to shares have been issued, except for those already granted.」
The form of share-based compensation was changed from the former stock option scheme to restricted stock compensation. - FY2019-Q2AdvancedAnnual report
「Fifth Series Subscription Rights to Shares (Fifth Series Stock Options with Share-Based Compensation)」
The Fifth Series Stock Options with Share-Based Compensation were issued, comprising 190 subscription rights to shares, representing 19,000 underlying shares, with an exercise period from 26 July 2018 to 25 July 2058. - FY2018-Q2AdvancedAnnual report
「The subscription rights to shares issued during the second quarter accounting period were as follows: Fourth Series Subscription Rights to Shares (Fourth Series Stock Options with Share-Based Compensation).」
The Fourth Series Stock Options with Share-Based Compensation were issued, comprising 170 subscription rights to shares, representing 17,000 underlying shares, with an exercise period from 25 July 2017 to 24 July 2057. - FY2017-Q2AdvancedAnnual report
「The subscription rights to shares issued during the second quarter accounting period were as follows: Third Series Subscription Rights to Shares (Third Series Stock Options with Share-Based Compensation).」
The Third Series Stock Options with Share-Based Compensation were issued, comprising 239 subscription rights to shares, representing 23,900 underlying shares, with an exercise period from 22 July 2016 to 21 July 2056. - FY2016First statedAnnual report
「The purpose of this scheme is to more clearly align the company's performance with its share value and to further enhance the motivation and morale of the company's directors to improve medium- to long-term performance and increase the share price by having them share with shareholders not only the benefits of a rising share price but also the risks of a falling share price.」
The scheme's purpose of linking directors' compensation to business performance and share value and sharing the risk of a falling share price with shareholders was described.