Combination of performance-linked and fixed compensation for executive officers
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Compensation for executive officers consists of base compensation and bonuses. Base compensation is paid monthly as fixed compensation at an amount determined according to the officer's position. Bonuses are determined with reference to performance from the perspective of increasing incentives to improve performance and enhance corporate value.」
The company has reaffirmed its policy of structuring executive officer compensation as fixed base compensation and bonuses determined with reference to performance. - FY2024RestatedAnnual report
「Compensation for executive officers consists of base compensation and bonuses. Base compensation is paid monthly as fixed compensation at an amount determined according to the officer's position. Bonuses are determined with reference to performance from the perspective of increasing incentives to improve performance and enhance corporate value.」
The company has reaffirmed its policy of structuring executive officer compensation as fixed base compensation and bonuses determined with reference to performance. - FY2023RestatedAnnual report
「Compensation for executive officers consists of base compensation and bonuses. Base compensation is paid monthly as fixed compensation at an amount determined according to the officer's position. Bonuses are determined with reference to performance from the perspective of increasing incentives to improve performance and enhance corporate value.」
The company has reaffirmed its policy of structuring executive officer compensation as fixed base compensation and bonuses determined with reference to performance. - FY2022RestatedAnnual report
「Compensation for executive officers consists of base compensation and bonuses. Base compensation is paid monthly as fixed compensation at an amount determined according to the officer's position. Bonuses are determined with reference to performance from the perspective of increasing incentives to improve performance and enhance corporate value.」
The company has reaffirmed its policy of structuring executive officer compensation as fixed base compensation and bonuses determined with reference to performance. - FY2020ReframedAnnual report
「Compensation for executive officers consists of base compensation and bonuses. Base compensation is paid monthly as fixed compensation at an amount determined according to the officer's position. Bonuses are determined with reference to performance from the perspective of increasing incentives to improve performance and enhance corporate value.」
The wording has changed from the previous reference to performance-linked and fixed-amount compensation to an explanation that compensation consists of base compensation and bonuses, with bonuses serving as an incentive to improve performance and enhance corporate value. - FY2019RestatedAnnual report
「Compensation for executive officers is divided into performance-linked compensation and fixed-amount compensation from the perspectives of providing incentives to improve the company's performance and ensuring their livelihoods. Performance-linked compensation is set taking into account net income for the current period and the degree of contribution to performance, while fixed-amount compensation is set at an appropriate level with reference to the previous year's payment record, commensurate with ensuring their livelihoods.」
The company has reaffirmed its policy of dividing executive officer compensation into performance-linked and fixed-amount compensation and determining it based on net income for the current period, contribution to performance and the previous year's payment record. - FY2018First statedAnnual report
「Compensation for executive officers is divided into performance-linked compensation and fixed-amount compensation from the perspectives of providing incentives to improve the company's performance and ensuring their livelihoods. Performance-linked compensation is set taking into account net income for the current period and the degree of contribution to performance, while fixed-amount compensation is set at an appropriate level with reference to the previous year's payment record, commensurate with ensuring their livelihoods.」
The company has newly specified a policy of dividing executive officer compensation into performance-linked and fixed-amount compensation, and determining it based on net income for the current period, contribution to performance and the previous year's payment record.