Executive compensation linked to improved performance and corporate value
First written in FY2019. 18 of 20 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-08-17.
- FY2026-H1AdvancedAnnual report
「30th stock acquisition rights Resolution date 26 June 2025 Eligible recipients and number of recipients (people) Executive officers, directors and employees of the Company: 19 31st stock acquisition rights Resolution date 26 June 2025 Eligible recipients and number of recipients (people) Employees of the Company: 5 32nd stock acquisition rights Resolution date 26 June 2025 Eligible recipients and number of recipients (people) Directors of subsidiaries of the Company: 11 33rd stock acquisition rights Resolution date 26 June 2025 Eligible recipients and number of recipients (people) Directors and employees of subsidiaries of the Company: 17」
The 30th through 33rd stock acquisition rights were granted to officers, employees and others of the Company and its subsidiaries as stock-based compensation stock options intended to improve performance and corporate value and promote shared awareness of profits with shareholders. - FY2025AdvancedAnnual report
「Specifically, year-on-year growth in consolidated net sales: 5.4%; consolidated operating margin: 7.7%; consolidated ROA: 2.7%; consolidated ROE: 6.0%; total: 36.8%.」
For performance evaluation in executive compensation, 4 metrics were used: sales growth, operating margin, ROA and ROE. The combined evaluation of 36.8% based on the previous fiscal year's results was disclosed. - FY2025-H1AdvancedAnnual report
「26th stock acquisition rights Eligible recipients and number of recipients (people) Executive officers, directors and employees of the Company: 22 27th stock acquisition rights Eligible recipients and number of recipients (people) Employees of the Company: 2 28th stock acquisition rights Eligible recipients and number of recipients (people) Directors of subsidiaries of the Company: 10 29th stock acquisition rights Eligible recipients and number of recipients (people) Directors and employees of subsidiaries of the Company: 19」
Specific arrangements were disclosed for granting the 26th through 29th stock acquisition rights, resolved on 26 June 2024, to officers, employees and others of the Company and its subsidiaries. - FY2024-Q2AdvancedAnnual report
「22nd stock acquisition rights Resolution date 23 June 2023 Eligible recipients and number of recipients (people) Directors, executive officers and employees of the Company: 20 (including 1 director who is also an executive officer) 23rd stock acquisition rights Resolution date 23 June 2023 Eligible recipients and number of recipients (people) Employees of the Company: 2 24th stock acquisition rights Resolution date 23 June 2023 Eligible recipients and number of recipients (people) Directors of subsidiaries of the Company: 9 25th stock acquisition rights Resolution date 23 June 2023 Eligible recipients and number of recipients (people) Directors and employees of subsidiaries of the Company: 19」
The 22nd through 25th stock acquisition rights were granted to officers, employees and others of the Company and its subsidiaries as stock-based compensation stock options intended to promote shared awareness of profits with shareholders and medium- to long-term performance improvement. - FY2023AdvancedAnnual report
「Year-on-year growth in consolidated net sales: 16.2%; consolidated operating margin: 9.9%; consolidated ROA: 5.0%; consolidated ROE: 10.4%; total: 41.5%.」
The performance evaluation metrics for executive compensation were specified as 4 metrics: sales growth, operating margin, ROA and ROE. The combined evaluation of 41.5% was used. - FY2023-Q2AdvancedAnnual report
「1) 18th stock acquisition rights Resolution date 23 June 2022 Eligible recipients and number of recipients (people) Executive officers, directors and employees of the Company: 17 2) 19th stock acquisition rights Resolution date 23 June 2022 Eligible recipients and number of recipients (people) Employees of the Company: 1 3) 20th stock acquisition rights Resolution date 23 June 2022 Eligible recipients and number of recipients (people) Directors of subsidiaries of the Company: 11 4) 21st stock acquisition rights Resolution date 23 June 2022 Eligible recipients and number of recipients (people) Directors and employees of subsidiaries of the Company: 17」
The 18th through 21st stock acquisition rights were granted to officers, employees and others of the Company and its domestic and overseas subsidiaries as stock-based compensation stock options intended to improve performance and corporate value and promote shared awareness of profits with shareholders. - FY2022AdvancedAnnual report
「The stock-based compensation stock options referred to in (b) above are provided as non-monetary compensation. The Company considers granting them when both conditions are met: net income attributable to owners of the parent is positive; and the dividend per share paid in the following fiscal year is at least equal to the dividend per share paid in the current fiscal year.」
The conditions for granting stock-based compensation stock options were specified as 2 conditions: positive net income attributable to owners of the parent and maintaining or increasing ordinary dividends. The options were granted during the period because the conditions were met. - FY2022-Q2AdvancedAnnual report
「1) 14th stock acquisition rights Eligible recipients and number of recipients (people) Directors, executive officers and employees of the Company: 14 (including 1 director who is also an executive officer) 2) 15th stock acquisition rights Eligible recipients and number of recipients (people) Executive officers and employees of the Company: 2 3) 16th stock acquisition rights Eligible recipients and number of recipients (people) Directors of domestic subsidiaries of the Company: 9 4) 17th stock acquisition rights Eligible recipients and number of recipients (people) Directors and other officers of overseas subsidiaries of the Company: 13」
The 14th through 17th stock acquisition rights were granted to officers and employees of the Company and its domestic and overseas subsidiaries as stock-based compensation stock options intended to improve medium- to long-term performance and promote shared awareness of profits with shareholders. - FY2021AdvancedAnnual report
「The stock-based compensation stock options referred to in (b) above are provided as non-monetary compensation. The Company considers granting them when all 3 conditions are met: achievement of the annual plan for net income attributable to owners of the parent; achievement of the annual plans for operating income and net income of the filing company; and year-on-year growth in consolidated net sales and the filing company's net sales.」
The policy of reflecting short-term performance and long-term improvements in corporate value in compensation was made concrete through 3 conditions concerning achievement of performance plans and sales growth and the granting of the 10th through 13th stock acquisition rights. - FY2021-Q2AdvancedAnnual report
「1) 10th stock acquisition rights Resolution date 24 June 2020 Eligible recipients and number of recipients (people) Directors and executive officers of the Company: 11 (including 1 director who is also an executive officer) 2) 11th stock acquisition rights Resolution date 24 June 2020 Eligible recipients and number of recipients (people) Executive officers of the Company: 2 3) 12th stock acquisition rights Resolution date 24 June 2020 Eligible recipients and number of recipients (people) Directors of domestic subsidiaries of the Company: 6 4) 13th stock acquisition rights Resolution date 24 June 2020 Eligible recipients and number of recipients (people) Directors and other officers of overseas subsidiaries of the Company: 4」
Specific arrangements were disclosed for granting the 10th through 13th stock acquisition rights to officers of the Company and its domestic and overseas subsidiaries as stock-based compensation stock options intended to promote shared awareness of profits with shareholders and medium- to long-term performance improvement. - FY2020-Q2AdvancedAnnual report
「Resolution date: 27 June 2019 Eligible recipients and number of recipients (people): Directors and executive officers of the Company: 11 (including 1 director who is also an executive officer)」
Specific arrangements were disclosed for granting the 7th through 9th stock acquisition rights to directors, executive officers and subsidiary directors as stock-based compensation stock options intended to promote shared awareness of profits with shareholders and medium- to long-term performance improvement. - FY2019First statedAnnual report
「In addition to short-term performance, compensation reflects contributions to improving corporate value from a long-term perspective. In addition, stock-based compensation stock options have been established as an incentive to promote shared awareness of profits with shareholders and strongly motivate executives to continue working to improve performance from a medium- to long-term perspective.」
A new theme was identified concerning the policy of reflecting long-term improvements in corporate value, in addition to short-term performance, in executive compensation and sharing awareness of profits with shareholders through stock-based compensation stock options.