Executive Compensation System Linked to Shareholder Interests
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2025.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 March 2022, we decided to establish a Nomination and Compensation Advisory Committee as a voluntary advisory body to recommend appropriate compensation structures and amounts to the Board of Directors based on the compensation policy. Individual compensation for directors for the 31st fiscal year was determined at a Board of Directors meeting held on 21 June 2025 based on the recommendations of this committee.」
The Nomination and Compensation Advisory Committee met 4 times during the fiscal year, and individual directors’ compensation was determined based on the committee’s recommendations. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 March 2022, we decided to establish a Nomination and Compensation Advisory Committee as a voluntary advisory body to recommend appropriate compensation structures and amounts to the Board of Directors based on the compensation policy. Individual compensation for directors for the 28th fiscal year was determined at a Board of Directors meeting held on 25 June based on the recommendations of this committee.」
As a mechanism complementing the compensation policy linked to shareholder interests, we established the Nomination and Compensation Advisory Committee and determined individual compensation based on its recommendations. - FY2021First statedAnnual report
「Our basic policy is to establish a compensation structure linked to shareholder interests so that it functions adequately as an incentive for sustainably increasing corporate value, while setting appropriate compensation levels based on each director’s responsibilities when determining individual directors’ compensation. Specifically, directors’ compensation consists of fixed basic compensation and share-based compensation.」
For the first time, we clearly stated a policy for executive compensation linked to shareholder interests, set at levels appropriate to responsibilities and consisting of fixed and share-based compensation.