Director compensation policy based on fixed compensation and performance-linked bonuses
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Fixed compensation, consisting of base compensation, is set at 100%, while bonuses are paid at between 0% and 30% depending on the achievement of internal targets, position and contribution.」
The company continues to use a compensation structure comprising fixed compensation and performance-linked bonuses, with bonuses paid at a rate of 0% to 30%, and to determine these amounts based on internal targets and other factors. - FY2025RestatedAnnual report
「Fixed compensation, consisting of base compensation, is set at 100%, while bonuses are paid at between 0% and 30% depending on the achievement of internal targets, position and contribution.」
The company continues to use a compensation structure comprising fixed compensation and performance-linked bonuses, with bonuses paid at a rate of 0% to 30%, and to determine these amounts based on internal targets and other factors. - FY2024RestatedAnnual report
「The payment mix between fixed compensation, which constitutes basic compensation, and bonuses, which are performance-linked compensation, is 100% fixed compensation on an annual basis, while bonuses are paid at a rate of 0% to 30% depending on the achievement of internal targets, position and level of contribution.」
The company continues to use a compensation structure comprising fixed compensation and performance-linked bonuses, with bonuses paid at a rate of 0% to 30%, and to determine these amounts based on internal targets and other factors. - FY2022Compensation ratios and determination procedures specifiedAnnual report
「Fixed compensation, consisting of base compensation, is set at 100%, while bonuses are paid at between 0% and 30% depending on the achievement of internal targets, position and contribution.」
In addition to structuring compensation as fixed compensation and performance-based bonuses, the company specified that bonuses would be paid at 0% to 30% of fixed compensation and detailed a determination method using sales, profit, return on equity, dividend payout ratio and other metrics as evaluation criteria. - FY2021First statedAnnual report
「Directors' compensation consists of base compensation as fixed compensation and bonuses as performance-based compensation, and is determined by resolution of the Board of Directors within the limits approved at the general meeting of shareholders.」
The company first documented in a thread its policy of structuring directors' compensation as fixed compensation and performance-based bonuses, taking into account achievement of internal targets for sales, profit, return on equity, dividend payout ratio and other metrics.