Executive Compensation System, Including Performance-Linked Compensation
First written in FY2019. 4 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The performance-linked compensation metric is consolidated net income. The target for the current consolidated fiscal year was ¥1,350 million, compared with actual results of ¥1,107 million.」
Consolidated net income, the performance-linked compensation metric, was ¥1,107 million against a target of ¥1,350 million, falling short of the target. - 2026-05-25AdvancedShare Issuance and Disposal
「今般、当社は、本日の取締役会決議（書面決議）において、当社の取締役５名（以下「対象取締役」といいます。）に対し、本制度の目的、各対象取締役の職責の範囲その他諸般の事情を勘案し、譲渡制限付株式として、当社の普通株式 3,457 株を処分することを決議いたしました。」
譲渡制限付株式報酬制度に基づき、取締役5名への自己株式3,457株の処分を決議した。役員報酬制度の具体的な実施を示す開示である。 - FY2025Performance-linked compensation targets and results updatedAnnual report
「The performance-linked compensation metric is consolidated net income. The target for the current consolidated fiscal year was ¥1,380 million, compared with actual results of ¥1,231 million.」
The target for performance-linked compensation was ¥1,380 million, compared with actual results of ¥1,231 million, which fell short of the target. - FY2024WorsenedAnnual report
「The performance-linked compensation metric is consolidated net income. The target for the current consolidated fiscal year was ¥1,290 million, compared with actual results of ¥1,074 million.」
Consolidated net income, the performance-linked compensation metric, was ¥1,074 million against a target of ¥1,290 million, falling short of the target. - FY2023AdvancedAnnual report
「The performance-linked compensation metric is consolidated net income. The target for the current consolidated fiscal year was ¥1,440 million, compared with actual results of ¥1,429 million.」
For performance-linked compensation, consolidated net income is used as the metric. Actual consolidated net income was ¥1,429 million against a target of ¥1,440 million. Performance-linked compensation for directors was ¥40 million, and non-monetary compensation and other components totaled ¥13.647 million. - FY2022AdvancedAnnual report
「2021 Post-delivery grant Category and number of eligible recipients (people): 4 directors of the company Number of shares granted by class: Common shares 4,531 shares Grant date: 13 December 2021」
The company granted 4,531 shares to 4 directors under its restricted stock compensation plan and recorded ¥11.75 million in stock compensation expense for the period. - FY2021AdvancedAnnual report
「Compensation for executive directors consists of base compensation as fixed compensation, performance-linked compensation and other components, and non-monetary compensation and other components. Outside directors, who perform a supervisory function, receive only base compensation in light of their duties.」
The company specified a directors’ compensation system that includes fixed compensation, performance-linked compensation, and non-monetary compensation in the form of restricted stock. It also described a system under which the president determines individual compensation after consulting the Governance Advisory Committee. - FY2020RestatedAnnual report
「In addition, the method of determination is based on comprehensive consideration of directors’ performance evaluations and capabilities by position, the balance with company performance and employee salaries, and comparisons of directors’ compensation by industry, company size, and listed or unlisted status.」
The company continues to follow a policy of determining directors’ compensation based on performance evaluations, company performance, capabilities by position, and the balance with employee compensation. Performance-linked compensation for directors in FY2020 was ¥37 million. - FY2019First statedAnnual report
「Determined after comprehensive consideration of directors’ performance evaluations and capabilities by position, the balance with company performance and employee salaries, and comparisons of directors’ compensation by industry, company size, and listed or unlisted status.」
The company has disclosed a policy of determining directors’ compensation based on performance evaluations, company performance, capabilities by position, and the balance with employee compensation. Total compensation for directors, excluding outside directors, was ¥130.876 million, including ¥40 million in performance-linked compensation.