Long-Term Executive Compensation Through ESG-Linked Restricted Shares
First written in FY2021. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: 2026-10-07.
The whole theme swung hardest in 2025: 4 of 19 companies on the "Worse" side.
23 other companies' latest entry also says "Advanced".
- 2026-10-07AdvancedShare Issuance and Disposal
「Following deliberation by the Compensation Advisory Committee, and taking into account the purpose of this plan, the company's business performance, the achievement of important ESG and other indicators, the scope of responsibilities of each eligible director and other eligible person, and other relevant circumstances, we decided to grant ¥85,602,700 in monetary claims in total, hereinafter referred to as the "Monetary Claims," and 21,100 common shares, with the aim of further increasing the motivation of each eligible director and other eligible person.」
A resolution was passed to dispose of treasury shares and grant 21,100 common shares to 4 directors under the restricted stock compensation plan. The operation of taking into account achievement of important ESG and other indicators, as well as a 50-year transfer restriction, was specified. - FY2025AdvancedAnnual report
「Through this process, the ESG evaluation factor for the current fiscal year, determined at the Board of Directors meeting held on 24 September 2025, was set at 100%.」
Regarding restricted stock compensation linked to achievement of ESG metrics, the Company operated a process including an external expert assessment for the first time and raised the ESG evaluation factor for the year from 75% to 100%. - FY2024AdvancedAnnual report
「The ESG evaluation factor for the current fiscal year was 75%.」
Regarding restricted stock compensation linked to achievement of ESG metrics, the Company determined an evaluation factor of 75% for the current fiscal year and disclosed the evaluation process and overall assessment. - FY2023AdvancedAnnual report
「For representative directors, restricted stock equivalent to 1/3 of compensation is granted based on achievement of important long-term ESG and other metrics.」
Regarding ESG performance-linked restricted stock compensation, the Company specified that 1/3 of representative directors’ compensation is linked to achievement of ESG and other metrics, and recognized ¥111 million in restricted stock compensation during the current fiscal year. - FY2021First statedAnnual report
「Non-monetary compensation granted to the Company’s directors, excluding outside directors, consists of restricted stock whose number of shares varies from 30% to 100% of the base amount by position based on the achievement of important long-term ESG and other metrics, with the shares remaining subject to transfer restrictions until immediately after the director leaves office.」
The Company has newly formalized restricted stock whose number of shares varies according to achievement of long-term ESG and other metrics as a long-term incentive for directors.