Executive compensation system comprising fixed and performance-based compensation
First written in FY2020. 3 of 8 entries say "Restated". Latest entry: 2026-07-24.
- FY2025RestatedAnnual report
「The company has established a director compensation system designed to secure and develop excellent personnel capable of achieving sustainable growth for the group and enhancing corporate value over the medium to long term. The system comprises fixed compensation, performance-based compensation and restricted stock compensation.」
The company discloses fixed compensation, performance-based compensation and restricted stock compensation as its full-year executive compensation policy. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 27 June 2024, the company increased the number of issued shares by 7,700 through a new issue of shares as restricted stock compensation, with 26 July 2024 as the payment date.」
As part of the operation of its executive compensation system, the company issued restricted stock compensation to 3 company directors and 19 subsidiary directors. - FY2023RestatedAnnual report
「Performance-based compensation is based on an incentive scheme and, in principle, is paid in cash as executive bonuses. The relevant performance indicators comprise the total of compensation calculated based on the amount by which single-year consolidated net income exceeds the previous record high and compensation calculated based on achievement of the management plan targets specified in detail in the executive regulations. This total is determined by Representative Director and Chairman Kaneda Tatsuzo (金田達三), who was delegated authority by the Board of Directors, after comprehensively considering the scale and responsibilities of each director's area of oversight, their contributions and other factors.」
The company discloses a calculation method for its system comprising fixed and performance-based compensation that uses the amount by which consolidated net income exceeds its previous record high and the level of achievement of management plan targets. - FY2022AdvancedAnnual report
「In addition, to enhance the transparency and objectivity of procedures relating to director compensation, the company established a nomination and compensation committee on 20 December 2021 to issue recommendations in response to consultations from the Board of Directors.」
The company has established a nomination and compensation committee for its executive compensation system, specifying a framework to enhance the transparency and objectivity of compensation-setting procedures. - FY2021RestatedAnnual report
「The company has established a director compensation system designed to secure and develop excellent personnel capable of achieving sustainable growth for the group and enhancing corporate value over the medium to long term. The system comprises fixed compensation and performance-based compensation.」
The company has reconfirmed its executive compensation system comprising fixed and performance-based compensation. Consolidated net income for the current fiscal year is stated to have reached a record high of ¥4,855 million. - FY2020First statedAnnual report
「The company has established an executive compensation system designed to secure and develop excellent personnel capable of achieving sustainable growth for the group and enhancing corporate value over the medium to long term. The system comprises fixed compensation and performance-based compensation.」
The company describes a system comprising fixed and performance-based executive compensation, designed to achieve sustainable growth, enhance corporate value over the medium to long term, and secure and develop personnel.