Performance- and stock price-linked compensation for executive directors
First written in FY2019. 9 of 13 entries say "Advanced", first in FY2020. Latest entry: 2026-07-16.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The main performance metrics for executive director compensation for the current consolidated fiscal year were as follows. Metric Fiscal year ended March 2025 Fiscal year ended March 2026 Orders received (¥ million) 27,438 38,562 Revenue (¥ million) 20,122 29,194 Operating profit and loss (¥ million) 2,796 5,515」
The company continued its policy of using orders received, revenue and operating profit and loss as metrics for performance-linked compensation and disclosed the actual figures for the fiscal year in specific terms. - FY2026-H1AdvancedAnnual report
「Treasury shares increased by 603,500 shares through the acquisition based on a resolution of the Board of Directors held on 1 August 2025, and decreased by 1,666 shares as a result of the disposal of treasury shares conducted on 18 July 2025 as restricted stock compensation.」
Regarding the restricted stock compensation plan, the company disposed of 1,666 treasury shares on 18 July 2025. The continued operation of the plan was described in specific terms. - FY2024RestatedAnnual report
「Bonuses for executive directors are determined by ensuring that they are linked to the company's performance for the current consolidated fiscal year, while comprehensively considering results and contributions. Regarding the link to company performance, the company selects metrics based on indicators such as orders received, revenue and operating profit and loss for the current consolidated fiscal year, as well as their rates of growth, thereby ensuring transparency.」
The company continued its policy of performance-linked compensation using orders received, revenue, operating profit and loss and other metrics, together with restricted stock compensation. For the fiscal year ended March 2024, orders received were ¥21,897 million, revenue was ¥18,055 million and operating profit was ¥2,178 million. - FY2024-Q1AdvancedAnnual report
「Treasury shares decreased by 1,300 shares as a result of the disposal of treasury shares conducted on 20 July 2023 as restricted stock compensation.」
Regarding the restricted stock compensation plan, the company disposed of 1,300 treasury shares on 20 July 2023. The continued operation of the plan was described in specific terms. - FY2023RestatedAnnual report
「Bonuses for executive directors are determined by ensuring that they are linked to the company's performance for the current consolidated fiscal year, while comprehensively considering results and contributions. Regarding the link to company performance, the company selects metrics based on indicators such as orders received, revenue and operating profit and loss for the current consolidated fiscal year, as well as their rates of growth, thereby ensuring transparency.」
The company continued its policy of using orders received, revenue, operating profit and loss and other metrics for performance-linked compensation. During the fiscal year, orders received were ¥17,841 million, revenue was ¥17,754 million and operating profit was ¥1,951 million. - FY2023-Q1AdvancedAnnual report
「Treasury shares decreased by 2,490 shares as a result of the disposal of treasury shares conducted on 19 July 2022 as restricted stock compensation.」
Regarding the restricted stock compensation plan, the company disposed of 2,490 treasury shares on 19 July 2022. The plan continued to be implemented. - FY2022RestatedAnnual report
「Bonuses for executive directors are determined by ensuring that they are linked to the company's performance for the current consolidated fiscal year, while comprehensively considering results and contributions.」
The company continued operating performance-linked compensation based on metrics such as orders received, revenue and operating profit and loss, together with restricted stock compensation. - FY2022-Q1AdvancedAnnual report
「(Note) Treasury shares decreased by 2,299 shares as a result of the disposal of treasury shares conducted on 20 July 2021 as restricted stock compensation.」
Regarding the restricted stock compensation plan approved for introduction in the previous fiscal year, the company disposed of 2,299 treasury shares on 20 July 2021. The plan advanced from introduction to actual implementation. - FY2021AdvancedAnnual report
「The company resolved to introduce a restricted stock compensation plan as a new compensation system for its directors.」
In addition to performance- and share-price-linked compensation, the company introduced a restricted stock compensation plan to enhance corporate value and shareholder value over the medium to long term and share value with shareholders. - FY2020AdvancedAnnual report
「Regarding the link to company performance, the company selects metrics based on indicators such as orders received, revenue and operating profit and loss for the current consolidated fiscal year, as well as their rates of growth, thereby ensuring transparency.」
For performance- and share-price-linked compensation, the company specified a calculation method using orders received, revenue, operating profit and loss and other metrics, and showed that operating profit and loss improved from a loss of ¥70 million in the fiscal year ended March 2019 to a profit of ¥83 million in the fiscal year ended March 2020. - FY2019First statedAnnual report
「Bonuses for executive directors are determined by ensuring that they are linked not only to the company's performance for the fiscal year but also to its share price, to encourage the enhancement of corporate value over the medium to long term and an increase in the share price, while comprehensively considering results and contributions.」
The company disclosed for the first time its compensation policy of linking executive director bonuses to company performance, share price, medium- to long-term corporate value, and results and contributions.