Executive Compensation Structure Comprising Base Compensation, Bonuses, and Performance-Linked Stock Compensation
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026ReframedAnnual report
「At the 79th Annual General Meeting of Shareholders held on 26 June 2026, a resolution was passed to transition to the BBT-RS plan, under which transfer restrictions are imposed on shares to be delivered until retirement.」
The company explicitly states its policy of changing the performance-linked share-based compensation in the executive compensation structure from the existing BBT to BBT-RS, which carries transfer restrictions until retirement from office. - FY2024Revision of the BBT compensation frameworkAnnual report
「At the 77th Annual General Meeting of Shareholders held on 27 June 2024, a resolution was passed to abolish this cap. At the same meeting, a cap of 40,000 points per fiscal year was approved for the total number of points granted to directors.」
For performance-linked share-based compensation under BBT, the previous contribution cap of ¥108 million over 3 fiscal years was abolished, and a cap of 40,000 points per fiscal year was established. - FY2022AdvancedAnnual report
「For the current fiscal year, the results for the performance-linked share-based compensation metrics were consolidated net sales of ¥132,098 million, consolidated ordinary profit of ¥23,422 million, up 15.6% year on year, and net income attributable to owners of the parent of ¥16,216 million, up 10.2% year on year.」
Under the compensation structure comprising base compensation, bonuses and performance-linked share-based compensation, the company specifically discloses the results for the performance-linked metrics for the current fiscal year. - FY2021First statedAnnual report
「The company's policy is to structure director compensation to contribute to the sustainable growth of the Fukuda Group and the enhancement of corporate value over the medium to long term, while setting compensation levels that enable it to attract and retain talented personnel. Specifically, compensation comprises base compensation (monthly compensation), bonuses, and performance-linked share-based compensation, excluding outside directors.」
The Board of Directors resolved the policy for determining individual compensation and, for the first time, disclosed the composition of base compensation, bonuses and performance-linked share-based compensation, with an indicative ratio of 5:4:1.