Enhancing Transparency in Nomination and Compensation Decisions through the Nomination and Compensation Advisory Committee
First written in FY2020. 6 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「・24 April 2026: Payment of performance-linked compensation and non-monetary compensation (stock compensation) for the fiscal year ended March 2026」
The Nomination and Compensation Advisory Committee continued to deliberate on the payment of performance-linked compensation and stock compensation for the fiscal year under review, with the Board of Directors making the decision. Actual ROE, the stock compensation indicator for the fiscal year under review, was 1.5%. - 2026-05-30ReframedGeneral Meeting of Shareholders
「本年４月より代表取締役会長に就任し、その経験と知見を活かして当社グループの持続的成長と企業価値向上に寄与することが期待されるため、同氏を取締役候補者といたしました。」
代表取締役社長であった𠮷村元氏が代表取締役会長となり、山内得志氏が代表取締役社長に就任した役割分担を、取締役候補者の選任理由として示している。 - FY2025ReframedAnnual report
「The performance indicator for stock compensation had been the degree of achievement against the consolidated operating income target from the perspective of improving long-term performance, but it was changed to ROE to improve capital efficiency. The actual result for the indicator during the fiscal year under review was 2.1%.」
The performance indicator for performance-linked stock compensation was changed from achievement against consolidated operating income to ROE, revising the system to place greater emphasis on capital efficiency. ROE for FY2025 was disclosed at 2.1%. - FY2024AdvancedAnnual report
「The amount of non-monetary compensation and other compensation represents the expenses recognized for points granted during the fiscal year under review under the performance-linked stock compensation plan.」
The performance-linked stock compensation plan progressed from the stages of approval for introduction and acquisition of shares through the trust to the operational stage, involving the granting of points during the fiscal year under review and the recognition of ¥33 million in expenses. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2023, the company resolved to introduce a stock compensation plan for its directors, excluding outside directors (the same applies below) (the "Plan"). The introduction of the Plan was approved at the 89th Annual General Meeting of Shareholders held on 28 June 2023. At a meeting of the Board of Directors held on 28 July 2023, the company resolved matters concerning the acquisition of company shares by the trustee of the trust.」
For the performance-linked stock compensation plan for directors, following approval by the Board of Directors and the General Meeting of Shareholders, the company resolved matters concerning the acquisition of shares by the trust and proceeded to a resolution to dispose of 123,000 treasury shares for a total disposal amount of ¥172,077,000, moving implementation into the execution stage. - FY2023AdvancedAnnual report
「At the 89th Annual General Meeting of Shareholders held on 28 June 2023, the company obtained approval to introduce a performance-linked stock compensation plan as non-monetary compensation (the "Plan").」
In addition to compensation deliberations by the Nomination and Compensation Advisory Committee, the company approved the introduction of a performance-linked stock compensation plan. The applicable period runs from the fiscal year ending March 2024 through the fiscal year ending March 2027, the trust funding limit is ¥320 million, and the annual limit on points granted is 40,000 points. - FY2022AdvancedAnnual report
「・27 April 2022: Payment of performance-linked compensation for the fiscal year ended March 2022」
The Nomination and Compensation Advisory Committee deliberated on the payment of performance-linked compensation for the fiscal year under review, and the Board of Directors decided on it on 10 May 2022, demonstrating the continued operation of the compensation system. A consolidated operating margin of 5.8% was also disclosed as a performance indicator. - FY2021AdvancedAnnual report
「The matters deliberated by the Nomination and Compensation Advisory Committee in the process of determining compensation for the fiscal year under review were as follows: ・22 April 2021: Payment of performance-linked compensation for the fiscal year ended March 2021」
The Nomination and Compensation Advisory Committee has progressed to the operational stage of actually deliberating executive compensation levels, individual compensation and performance-linked compensation, and submitting recommendations to the Board of Directors. - FY2020First statedAnnual report
「At a meeting of the Board of Directors held on 26 November 2019, the company established the Nomination and Compensation Advisory Committee as a voluntary advisory body to the Board of Directors.」
The company is strengthening the independence, transparency and objectivity of nomination and compensation matters by establishing a Nomination and Compensation Advisory Committee chaired by an outside director, with outside directors comprising at least half of its members.