Strengthening the Governance Framework with a Focus on Compliance and Shareholder Interests
First written in FY2017. 9 of 14 entries say "Advanced", first in FY2021. Latest entry: 2026-08-14.
- FY2026SoftenedAnnual report
「Performance-linked compensation is based on operating profit, which we believe most directly reflects the Company's growth. If operating profit exceeds the forecast by at least 5% and increases by at least 10% year on year, a bonus calculated by applying a specified coefficient will be paid, up to an amount equivalent to one month's fixed compensation.」
The threshold for exceeding forecast operating profit as a condition for triggering performance-linked compensation was changed from at least 10% to at least 5%. In addition, the disclosure reported that the Special Committee had met once to deliberate on the details and appropriateness of transactions with the controlling shareholder and other related parties. - FY2026-H1AdvancedAnnual report
「Resolution date 15 July 2025 Category and number of eligible recipients (people) Directors of the Company 2 Number of share options (options) 38 Class, details and number of shares underlying the share options (shares) Common shares 3,800」
The disclosure stated that 38 stock options covering 3,800 shares would be granted to 2 directors under the resolution dated 15 July 2025. The exercise period is from 6 August 2025 to 5 August 2055. - FY2025-H1AdvancedAnnual report
「Resolution date 16 July 2024 Category and number of eligible recipients (people) Directors of the Company 2 Number of share options (options) 41 Class, details and number of shares underlying the share options (shares) Common shares 4,100」
The disclosure stated that 41 stock options covering 4,100 shares would be granted to 2 directors under the resolution dated 16 July 2024. - FY2024-Q2AdvancedAnnual report
「Resolution date 20 July 2023 Category and number of eligible recipients (people) Directors of the Company 4 Number of share options (options) ※ 86 (Note 1) Class, details and number of shares underlying the share options (shares) ※ Common shares 8,600 (Note 1)」
The disclosure stated that 86 stock options covering 8,600 shares would be granted to 4 directors under the resolution dated 20 July 2023. The exercise period is from 8 August 2023 to 7 August 2053. - FY2023-Q2AdvancedAnnual report
「Resolution date 19 July 2022 Category and number of grantees (people) Company directors: 4 Number of stock acquisition rights (rights) ※ 89 (Note 1) Class, details and number of shares underlying the stock acquisition rights (shares) ※ Common shares: 8,900 (Note 1)」
The disclosure stated that, in connection with the administration of performance-linked and share-based compensation, 89 stock options covering 8,900 shares would be granted to 4 directors under the resolution dated 19 July 2022. - FY2022AdvancedAnnual report
「In determining the details of individual directors' remuneration and other compensation, the matter will be referred to an optional Nomination and Compensation Committee, a majority of whose members are outside directors, and the Board of Directors will make its decision based on the committee's recommendation. Performance-linked remuneration has been introduced alongside fixed remuneration. Operating profit, considered the clearest indicator of the Company's growth, is used as the performance metric. If operating profit exceeds the forecast by at least 10% and increases by at least 10% year on year, a bonus calculated by applying a specified coefficient will be paid, subject to a maximum equivalent to 1 month's fixed remuneration.」
The process for referring matters to a Nomination and Compensation Committee, a majority of whose members are outside directors, and the operating conditions for performance-linked remuneration based on operating profit were specified. The committee met during the fiscal year ended March 2022 and submitted its recommendation on directors' remuneration to the Board of Directors. - FY2022-Q2AdvancedAnnual report
「Resolution date 16 July 2021 Category and number of grantees (people) Company directors: 5 Number of stock acquisition rights (rights) ※ 128 (Note 1) Class, details and number of shares underlying the stock acquisition rights (shares) ※ Common shares: 12,800 (Note 1)」
In connection with the policy of introducing performance-linked and stock-based compensation, the terms of the stock options granted to 5 directors pursuant to the resolution of 16 July 2021 were disclosed: 128 stock acquisition rights covering 12,800 shares. - FY2021AdvancedAnnual report
「In determining the details of individual directors' remuneration and other compensation, the matter will be referred to an optional Nomination and Compensation Committee, a majority of whose members are outside directors, and the Board of Directors will make its decision based on the committee's recommendation. Performance-linked remuneration will be introduced alongside fixed remuneration.」
As a governance-strengthening measure, a policy was presented to refer matters to an optional Nomination and Compensation Committee, a majority of whose members are outside directors, and to introduce performance-linked remuneration and stock-based compensation through stock options. - FY2020RestatedAnnual report
「Our management philosophy is centered on how much we can please our customers, how much peace of mind we can provide them, and how much trust we can earn from them. As we pursue business expansion, we place emphasis on maintaining compliance and maximizing shareholder interests, and will work to strengthen corporate governance.」
The policy of strengthening governance with an emphasis on customer value, compliance and shareholder interests has continued. - FY2019RestatedAnnual report
「Our management philosophy is centered on how much we can please our customers, how much peace of mind we can provide them, and how much trust we can earn from them. As we pursue business expansion, we place emphasis on maintaining compliance and maximizing shareholder interests, and will work to strengthen corporate governance.」
The policy of strengthening governance with an emphasis on customer value, compliance and shareholder interests has continued. - FY2018RestatedAnnual report
「Our management philosophy is centered on how much we can please our customers, how much peace of mind we can provide them, and how much trust we can earn from them. As we pursue business expansion, we place emphasis on maintaining compliance and maximizing shareholder interests, and will work to strengthen corporate governance.」
The policy of strengthening governance with an emphasis on customer value, compliance and shareholder interests has continued. - FY2017First statedAnnual report
「As we pursue business expansion, we will place emphasis on maintaining compliance and maximizing shareholder interests, and will work to strengthen corporate governance.」
A policy was presented to develop governance through the Board of Directors, Board of Corporate Auditors, Internal Audit Office, Risk and Compliance Committee, and other bodies, with emphasis on maintaining compliance and maximizing shareholder interests.