Considering an Executive Compensation Structure Linked to Shareholder Returns
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「If revenue in the Comprehensive Medical Support segment exceeds each of the levels specified in (a) or (b) below, each holder of share acquisition rights may exercise the specified percentage of the share acquisition rights allocated to that holder.」
The Company has issued the sixth and seventh series of share acquisition rights and established a specific performance- and share-price-linked compensation scheme, with exercise conditions requiring revenue in the Comprehensive Medical Support segment to exceed ¥850 million in the fiscal year ending September 2026, ¥1,220 million in the fiscal year ending September 2027, ¥1,670 million in the fiscal year ending September 2028 and ¥2,300 million in the fiscal year ending September 2029, as well as share prices of at least ¥600, ¥900 and ¥1,200. - FY2024AdvancedAnnual report
「In addition to basic compensation as fixed compensation, compensation is to consist of performance-linked compensation and non-monetary compensation in order to establish a structure linked to shareholder returns. Performance-linked compensation = EBITDA × 0.01% × each director's points」
The Company formalized its director compensation policy, which includes EBITDA-linked compensation and restricted stock compensation, moving beyond the previous consideration stage, and set the indicative composition of basic compensation, performance-linked compensation and share-based compensation at 50:10:40. - FY2022RestatedAnnual report
「To clarify further its aim of sustainably increasing corporate value, the Company is considering structuring compensation for executive directors as performance-linked compensation and share-based compensation, thereby linking it to shareholder returns.」
The Company continues to state its policy of considering the introduction of performance-linked and share-based compensation, but compensation for the current fiscal year consists solely of fixed compensation. - FY2021First statedAnnual report
「To clarify further its aim of sustainably increasing corporate value, the Company is considering structuring compensation for executive directors as performance-linked compensation and share-based compensation, thereby linking it to shareholder returns.」
Compensation currently consists solely of fixed compensation, but the Company has for the first time explicitly stated its policy of considering a compensation structure linked to shareholder returns through the introduction of performance-linked and share-based compensation.