Introduction of a Performance-Linked Stock Compensation Plan
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2025-H1.
23 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, the Company has introduced, from the second quarter of the current consolidated fiscal year, a share-based compensation plan for directors using the Company's shares, covering the Company's directors other than outside directors and non-executive directors. The same applies below.」
The introduction and operation of the share-based compensation plan for directors were reiterated in additional information. - FY2024-Q1RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, the Company has introduced a share-based compensation plan for directors using the Company's shares, covering the Company's directors other than outside directors and non-executive directors. The same applies below.」
The introduction and operation of the share-based compensation plan for directors were reiterated in the notes. - FY2021ReframedAnnual report
「At a meeting of the Board of Directors held on 26 March 2021, the Company partially changed the performance-linked share-based compensation for directors introduced pursuant to a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, changing the performance indicator from net income attributable to owners of the parent to consolidated ROE.」
The performance indicator for performance-linked share-based compensation was changed from net income attributable to owners of the parent to consolidated ROE. - FY2021-Q3RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, the Company has introduced, from the second quarter of the current consolidated fiscal year, a share-based compensation plan for directors using the Company's shares, covering the Company's directors other than outside directors and non-executive directors. The same applies below.」
The introduction and operation of the share-based compensation plan for directors were reiterated in the notes. - FY2020-Q1RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, the Company has introduced, from the second quarter of the current consolidated fiscal year, a share-based compensation plan for directors using the Company's shares, covering the Company's directors other than outside directors and non-executive directors. The same applies below.」
The introduction and operation of the share-based compensation plan for directors were reiterated in the accounting notes. - FY2019-Q2AdvancedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 22 June 2018, the Company has introduced, from the second quarter of the current consolidated fiscal year, a share-based compensation plan for directors using the Company's shares, covering the Company's directors other than outside directors and non-executive directors. The same applies below.」
The share-based compensation plan for directors linked to performance, whose introduction policy was stated in the annual report, was actually introduced from the second quarter of the current fiscal year. In addition, a share-based compensation plan for employees was introduced from the same period based on a resolution of the Board of Directors dated 9 August 2018. - FY2018First statedAnnual report
「The purpose of this plan is to clarify the linkage between directors' compensation and the Company's performance and share value, and to raise directors' awareness of contributing to improved performance over the medium to long term and increased corporate value by having them share with shareholders the benefits and risks arising from share price fluctuations.」
The Company will introduce a plan under which a trust acquires the Company's shares and delivers to directors shares equivalent to points awarded according to performance indicators. The evaluation period will be each fiscal year, and the maximum number of points awarded per 3 fiscal years is set at 168,000 points.