Executive Compensation Design Based on Profit-Linked Pay
First written in FY2018. 11 of 19 entries say "Advanced", first in FY2023-Q2. Latest entry: 2026-08-25.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
57 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Other (disposal of treasury stock as restricted stock compensation) 54,091 43,016」
The company recorded 54,091 shares of treasury stock and a disposal value of ¥43,016 thousand as restricted stock compensation, indicating progress in implementing the stock-based compensation scheme. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 28 July 2025, the Company disposed of 36,507 shares of treasury stock as restricted stock compensation on 28 August 2025.」
The company has disclosed specific progress in implementing restricted stock compensation, including the disposal of 36,507 shares of treasury stock in August 2025. - FY2025AdvancedAnnual report
「Other (disposal of treasury stock as restricted stock compensation) 61,903 45,820」
The company recorded 61,903 shares of treasury stock and a disposal value of ¥45,820 thousand as restricted stock compensation. In addition to the disposal of 38,324 shares in July 2024, 23,579 shares were disposed of in March 2025, indicating progress in implementing the stock-based compensation scheme. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 26 July 2024, the Company disposed of 38,324 shares of treasury stock as restricted stock compensation on 26 August 2024.」
The company has disclosed specific progress in implementing restricted stock compensation, including the disposal of 38,324 shares of treasury stock in August 2024. - FY2024AdvancedAnnual report
「Disposal of treasury stock pursuant to a resolution of the Board of Directors dated 13 March 2024: 39,600 shares」
In connection with restricted stock compensation, the company disposed of 39,600 shares of treasury stock in March 2024, following the disposal of 37,423 shares in July 2023. Treasury stock disposals during the current fiscal year totaled 77,023 shares. - FY2024-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 June 2023, the Company disposed of 37,423 shares of treasury stock as restricted stock compensation on 27 July 2023.」
The company has reconfirmed in the notes relating to shareholders' equity that 37,423 shares of treasury stock were disposed of as restricted stock compensation. - FY2024-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 June 2023, the Company disposed of 37,423 shares of treasury stock as restricted stock compensation on 27 July 2023.」
The company has disclosed specific progress in implementing restricted stock compensation, including the disposal of 37,423 shares of treasury stock. - FY2023-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 22 July 2022, the Company disposed of 41,996 shares of treasury stock as restricted stock compensation on 22 August 2022.」
The company has reconfirmed the implementation in the previous quarter, in which 41,996 shares of treasury stock were disposed of as restricted stock compensation. - FY2023-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 22 July 2022, the Company disposed of 41,996 shares of treasury stock as restricted stock compensation on 22 August 2022.」
Regarding the introduction of stock-based compensation announced in the previous fiscal year, the company actually disposed of 41,996 shares of treasury stock as restricted stock compensation. Progress in implementing the compensation structure following the abolition of the retirement benefit scheme for directors can also be confirmed. - FY2023-Q1Abolition of the Executive Retirement Benefit SystemAnnual report
「At a meeting of the Board of Directors held on 22 July 2022, the Company resolved to abolish, effective 31 March 2022, the retirement benefit scheme for directors, excluding directors who are Audit & Supervisory Committee members. Accordingly, no additional provision for directors' retirement benefits has been recognized since the abolition date.」
In connection with the design of executive compensation, including profit-linked and stock-based compensation, the company abolished the retirement benefit scheme for directors excluding Audit & Supervisory Committee members as of 31 March 2022 and ceased making additional provisions thereafter. - FY2022Addition of stock-based compensation and change in compensation mixAnnual report
「With respect to the composition of directors' compensation, when performance targets are achieved at 100%, the compensation mix for eligible directors is approximately 8:2 for cash compensation to stock-based compensation, and 6:2:2 for fixed equal-period salary, profit-linked compensation and stock-based compensation.」
In addition to the previous mix of fixed and profit-linked compensation, the company introduced restricted stock compensation and specified a mix of 8:2 for cash compensation to stock-based compensation and 6:2:2 for fixed equal-period salary, profit-linked compensation and stock-based compensation. - FY2021Clarification of the compensation mixAnnual report
「With respect to the composition of directors' compensation, when performance targets are achieved at 100%, compensation is paid, as an approximate guideline, so that the ratio of fixed equal-period salary to profit-linked executive bonuses is 7:3.」
While maintaining the calculation formula and cap for profit-linked compensation, the company has specified a 7:3 guideline for the mix of fixed and profit-linked compensation when performance targets are achieved at 100%. - FY2020RestatedAnnual report
「The total amount of profit-linked compensation paid to directors will be 2% of the Company's non-consolidated profit before income taxes, subject to a maximum of ¥50,000 thousand.」
The company has reconfirmed the calculation method for profit-linked compensation, based on 2% of non-consolidated profit before income taxes, with a total cap of ¥50,000 thousand. - FY2019RestatedAnnual report
「The total amount of profit-linked compensation paid to directors will be 2% of the Company's non-consolidated profit before income taxes, subject to a maximum of ¥50,000 thousand. In this way, the company ensures objectivity, fairness and transparency by determining director compensation with the appropriate involvement of outside directors.」
The company has maintained the calculation formula and cap for profit-linked compensation and described how objectivity, fairness and transparency are ensured by determining compensation at meetings of the Board of Directors attended by outside directors. - FY2018First statedAnnual report
「The total amount of profit-linked compensation paid to directors, excluding directors who are Audit & Supervisory Committee members, will be 2% of the Company's non-consolidated profit before income taxes, subject to a maximum of ¥50,000 thousand.」
For profit-linked compensation for executive directors, the company has specified a calculation method based on 2% of non-consolidated profit before income taxes, with a total cap of ¥50,000 thousand.