Executive compensation structure including performance-linked and non-monetary compensation
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
- FY2025RestatedAnnual report
「The target mix by type of compensation is 60 for base compensation, 25 for performance-linked compensation and 15 for non-monetary compensation, with the proportions of performance-linked and non-monetary compensation varying according to the performance evaluation.」
The company continues to use an executive compensation structure combining fixed compensation, performance-linked compensation and restricted stock compensation, with a target ratio of 60:25:15. - FY2023Linking the compensation policy to the Nomination and Compensation Committee's recommendations and actual compensationAnnual report
「When determining the policy for directors' compensation and other benefits and the details of compensation and other benefits for individual directors, the Board of Directors respects the recommendations of the Nomination and Compensation Committee.」
In addition to the policy for the ratio of base compensation, performance-linked compensation and restricted stock compensation, the company disclosed that compensation amounts had been determined following recommendations from the Nomination and Compensation Committee. - FY2021First statedAnnual report
「The target mix by type of compensation is set at 60:25:15 for base compensation, performance-linked compensation and non-monetary compensation, respectively, with the proportions of performance-linked and non-monetary compensation varying according to the performance evaluation.」
The company disclosed for the first time its policy of combining fixed compensation, performance-linked compensation and restricted stock compensation for director compensation, with a target ratio of 60:25:15.