New compensation system overseen by the Nomination and Compensation Advisory Committee
First written in FY2019. 8 of 9 entries say "Advanced", first in FY2021. Latest entry: 2026-08-21.
- FY2025AdvancedAnnual report
「In addition, an overview of the revised “Policy for Determining Executive Compensation” is as follows.」
On 27 March 2025, revised the executive compensation policy, specifying the mix of fixed compensation, bonuses and restricted stock compensation, a system using net sales, operating profit, EBITDA and ROE as performance indicators, and the non-payment and repayment obligations for compensation. - FY2024-Q2AdvancedAnnual report
「This was the issuance of new shares as restricted stock compensation dated 25 August 2023. Issue price: ¥515 per share Amount transferred to capital: ¥257.5 per share Allottees: 6 directors of the Company, excluding outside directors」
Regarding restricted stock compensation, issued 19,546 shares to 6 directors on 25 August 2023. The disclosure reported an issuance covering more recipients than in the previous introduction and issuance of the plan. - FY2023-Q2AdvancedAnnual report
「As of 26 August 2022, the total number of issued shares increased by 17,606 shares to 63,077,770 shares. Issue price: ¥447 per share Allottees: 5 directors of the Company, excluding outside directors」
For the restricted stock compensation based on the June 2022 resolution of the General Meeting of Shareholders, issued 17,606 shares to 5 directors on 26 August and completed the issuance of new shares. The compensation system advanced from approval of its introduction to actual issuance. - FY2022AdvancedAnnual report
「Based on a resolution of the 62nd Annual General Meeting of Shareholders held on 28 June 2022, we introduced a restricted stock compensation plan for directors, excluding outside directors.」
Following deliberation and a report by the Nomination and Compensation Advisory Committee, implemented the introduction of a restricted stock compensation plan under the resolution of the General Meeting of Shareholders on the new compensation system. - FY2021AdvancedAnnual report
「The policy for determining the details of individual director compensation and other benefits was submitted in advance to the Nomination and Compensation Advisory Committee for consultation, and, following its report, was approved by the Board of Directors at its meeting held on 26 February 2021.」
Regarding the Nomination and Compensation Advisory Committee established and deliberating in the previous fiscal year, advanced to the stage of having the Board of Directors approve the policy for determining new director compensation. - FY2019First statedAnnual report
「In November 2018, we established the Nomination and Compensation Advisory Committee and have been deliberating on a new compensation system.」
Established the Nomination and Compensation Advisory Committee in November 2018 and deliberated on a new compensation system. The new system was to be applied from the following fiscal year.