Policy for Determining Executive Compensation Based Primarily on Fixed Compensation
First written in FY2021. 5 of 9 entries say "Advanced", first in FY2023-Q2. Latest entry: 2026-07-24.
The whole theme swung hardest in 2024: 8 of 49 companies on the "Worse" side.
8 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「Other during the fiscal year consisted of the disposal of treasury shares as restricted stock compensation carried out on 25 July 2025.」
The Company disposed of 12,500 shares as restricted stock compensation and continued operating the system combining fixed compensation and restricted stock compensation. - FY2025RestatedAnnual report
「The types of remuneration are monthly fixed cash compensation and restricted stock compensation paid as non-monetary compensation. However, outside directors and Audit & Supervisory Board Members receive only fixed monthly cash compensation.」
The Company continues to operate a system based primarily on fixed compensation that provides restricted stock compensation to directors other than outside directors and others. Restricted stock compensation of ¥23.430 million was recorded for the fiscal year. - FY2025-H1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 26 June 2024, the Company disposed of 13,800 treasury shares on 25 July 2024 as restricted stock compensation.」
The Company disposed of 13,800 treasury shares on 25 July 2024 as restricted stock compensation. - FY2024-Q2AdvancedAnnual report
「(Note) Pursuant to a resolution of the Board of Directors dated 28 June 2023, 8,700 treasury shares were disposed of on 27 July 2023 as restricted stock compensation.」
The Company disposed of 8,700 treasury shares on 27 July 2023 under the restricted stock compensation plan introduced in FY2022. - FY2023-Q2AdvancedAnnual report
「(Note) Pursuant to a resolution of the Board of Directors dated 29 June 2022, the Company disposed of 8,400 treasury shares on 28 July 2022 as restricted stock compensation.」
The Company disposed of 8,400 treasury shares under the restricted stock compensation plan whose introduction was approved in FY2022. - FY2022ReframedAnnual report
「At the 39th Annual General Meeting of Shareholders held on 29 June 2022, the Company resolved to introduce a restricted stock compensation plan, and the types of remuneration are monthly fixed cash compensation and restricted stock compensation paid as non-monetary compensation.」
The policy was changed from one providing only fixed monthly compensation to one adding restricted stock compensation for directors other than outside directors and others. The introduction of the plan was disclosed as a subsequent event based on a shareholders’ meeting resolution made before the submission date. - FY2021First statedAnnual report
「Compensation consists of monthly fixed cash compensation, and the company does not provide performance-linked compensation or non-monetary compensation.」
Regarding remuneration for directors and Audit & Supervisory Board Members, the Company has disclosed for the first time, in an organized form, its policy of basing remuneration on fixed monthly compensation and not adopting performance-linked or non-monetary compensation.