Alignment with medium- to long-term business growth through performance-linked compensation
First written in FY2021. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 19 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Performance-linked stock compensation is an incentive to achieve medium- to long-term management targets. The company has adopted net sales, operating profit, ROIC and ESG metrics, including CO2 emissions, which management regards as important management metrics for evaluating company performance and for which management bears ultimate responsibility.」
The company explicitly identifies net sales, operating profit, ROIC and ESG metrics, including CO2 emissions, as performance measures for performance-linked stock compensation. - FY2023AdvancedAnnual report
「For each fiscal year, executive directors are provisionally granted a number of points determined in consideration of their position, degree of performance achievement and other factors under the rules governing stock benefits for officers. The points provisionally granted to executive directors are adjusted during the period beginning on the first day of the relevant fiscal year and ending at the end of the last fiscal year among the fiscal years ending within 3 years of that date, taking into consideration the degree of achievement of performance targets for each fiscal year. The total number of points per fiscal year after provisional grant and adjustment is capped at 36,000 points.」
Regarding the BBT, the company has specified an operating condition under which points are adjusted over 3 fiscal years based on the degree of performance achievement and other factors, with a cap of 36,000 points per fiscal year. - FY2023-Q2AdvancedAnnual report
「At the end of the second quarter of the consolidated fiscal year, the book value of the treasury shares was ¥648 million and the number of shares was 55,700.」
Regarding the performance-linked stock compensation plan (BBT), the company reported treasury shares remaining in the trust at a book value of ¥648 million, comprising 55,700 shares, thereby specifying the status of the plan's operation. - FY2023-Q1AdvancedAnnual report
「In connection with the introduction of the Stock Benefit Trust (BBT) announced on 14 March 2022, the company resolved at a meeting of the Board of Directors held on 10 June 2022 to dispose of treasury shares through a third-party allotment as set out below.」
In connection with the introduction of the BBT, the company resolved to dispose of 55,700 treasury shares for total proceeds of ¥648.348 million on 30 June 2022, thereby specifying the details of the plan's operation. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 March 2022, the company resolved to introduce a performance-linked stock compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for its executive directors. The proposal concerning the plan was submitted to and approved at the 88th Annual General Meeting of Shareholders held on 22 April 2022.」
Regarding performance-linked compensation, the company resolved to introduce and obtained approval for the Stock Benefit Trust (BBT), which is linked to business performance and share value, thereby specifying the details of the plan. - FY2021First statedAnnual report
「The company has adopted a compensation structure for its officers that strengthens the link to performance and contributes to medium- to long-term business growth,」
The company has, for the first time, stated that it has adopted an executive compensation structure designed to strengthen the link to performance and contribute to medium- to long-term business growth.