Promoting Improvements in Corporate Value Through Performance-Linked Executive Compensation
First written in FY2020. 5 of 9 entries say "Advanced", first in FY2021. Latest entry: 2026-07-24.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The decrease of 3,127 treasury shares was due to the disposal of treasury shares as restricted stock compensation.」
Regarding the restricted stock compensation incorporated into the compensation structure in the previous fiscal year, the company actually disposed of 3,127 shares during the current fiscal year. - FY2025AdvancedAnnual report
「Directors’ compensation consists of fixed “basic compensation,” “performance-linked compensation,” or executive bonuses, reflecting the company’s performance for a single fiscal year, and “restricted stock compensation,” a non-monetary incentive to achieve sustained growth in corporate value.」
In addition to fixed and performance-linked compensation, the company incorporated restricted stock compensation into its compensation structure, setting annual limits of ¥50 million and 10,000 shares. - FY2024RestatedAnnual report
「Directors’ compensation consists of fixed “basic compensation” and “performance-linked compensation,” or executive bonuses, reflecting the company’s performance for a single fiscal year. The amount determined within the limit approved by the general meeting of shareholders is paid.」
The company continues its executive compensation policy of combining fixed compensation with performance-linked compensation based on single-year performance. - FY2023RestatedAnnual report
「Directors’ compensation consists of fixed “basic compensation” and “performance-linked compensation,” or executive bonuses, reflecting the company’s performance for a single fiscal year. The amount determined within the limit approved by the general meeting of shareholders is paid.」
The company continues its executive compensation policy of combining fixed compensation with performance-linked compensation based on single-year performance. - FY2022RestatedAnnual report
「Directors’ compensation consists of fixed “basic compensation” and “performance-linked compensation,” or executive bonuses, reflecting the company’s performance for a single fiscal year. The amount determined within the limit approved by the general meeting of shareholders is paid.」
The company continues its compensation policy of combining fixed compensation with performance-linked compensation based on single-year performance, encouraging an awareness of performance and enhanced corporate value. - FY2021AdvancedAnnual report
「Bonuses for directors as performance-linked compensation and other compensation are paid once a year after the annual general meeting of shareholders and calculated by multiplying the “point unit price” by the “number of points.”… Evaluations are based on company performance, with a maximum of 25 points, and individual performance, also with a maximum of 25 points.」
The company has clarified its previous fixed and performance-linked compensation policy by specifying an evaluation-point system based on company and individual performance and a concrete points-based calculation method. - FY2020First statedAnnual report
「Executive compensation consists of fixed compensation and performance-linked compensation. By linking compensation to performance, we have structured executive compensation to encourage an awareness of enhancing corporate value.」
The company has, for the first time, explicitly presented an executive compensation policy combining fixed and performance-linked compensation to encourage an awareness of enhancing corporate value through performance linkage.