Executive compensation structure linked to shareholder returns
First written in FY2021. 5 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The performance metric for performance-linked compensation is net income attributable to owners of the parent, adopted to increase awareness of improving performance in each fiscal year, and the actual amount was ¥235,475 thousand. In calculating bonuses, the upper limit is set at an amount calculated by multiplying net income attributable to owners of the parent by a specified ratio, with the final amount determined after taking the company's performance and other factors into consideration.」
The company disclosed compensation results, using net income attributable to owners of the parent of ¥235,475 thousand as the performance metric, including ¥12,308 thousand in performance-linked compensation and ¥3,658 thousand in restricted stock compensation. - FY2025AdvancedAnnual report
「The performance indicator for performance-linked compensation is profit attributable to owners of the parent, adopted to heighten awareness of improving performance in each fiscal year. The actual amount was ¥192.979 million. Bonuses are determined after taking the company's performance and other factors into consideration, subject to a ceiling calculated as a specified percentage of profit attributable to owners of the parent.」
The company disclosed compensation results using profit attributable to owners of the parent of ¥192.979 million as the performance indicator, including ¥17.723 million in performance-linked compensation and ¥5.048 million in restricted stock compensation. - FY2024AdvancedAnnual report
「The performance indicator for performance-linked compensation is profit attributable to owners of the parent, adopted to heighten awareness of improving performance in each fiscal year. The actual amount was ¥65.675 million. Bonuses are determined after taking the company's performance and other factors into consideration, subject to a ceiling calculated as a specified percentage of profit attributable to owners of the parent.」
The company disclosed actual director compensation, including performance-linked compensation, with profit attributable to owners of the parent of ¥65.675 million used as the performance indicator under its compensation policy linked to shareholder interests. - FY2023AdvancedAnnual report
「The performance indicator for performance-linked compensation is profit attributable to owners of the parent, adopted to heighten awareness of improving performance in each fiscal year. The actual amount was ¥222.379 million. Bonuses are determined after taking the company's performance and other factors into consideration, subject to a ceiling calculated as a specified percentage of profit attributable to owners of the parent.」
The company disclosed actual director compensation, including performance-linked compensation, with profit attributable to owners of the parent of ¥222.379 million used as the performance indicator under its compensation policy linked to shareholder interests. - FY2022AdvancedAnnual report
「The performance indicator for performance-linked compensation is profit attributable to owners of the parent, adopted to heighten awareness of improving performance in each fiscal year. The actual amount was ¥263.597 million. Bonuses are determined after taking the company's performance and other factors into consideration, subject to a ceiling calculated as a specified percentage of profit attributable to owners of the parent.」
The company disclosed that, under its compensation policy linked to shareholder interests, profit attributable to owners of the parent of ¥263.597 million was used as the performance indicator and ¥21.140 million in performance-linked compensation was recorded. - FY2021First statedAnnual report
「Our basic policy is to structure director compensation so that it is linked to shareholder interests and functions sufficiently as an incentive for the sustained enhancement of corporate value, while setting compensation for each director at an appropriate level that reflects the director's responsibilities. Specifically, director compensation comprises basic compensation as fixed compensation, performance-linked compensation and other forms of compensation, and non-monetary compensation.」
At a meeting of the Board of Directors held on 10 February 2021, the company adopted a resolution on its policy for determining individual compensation and, for the first time, described as a separate topic its policy of combining fixed compensation, performance-linked compensation and non-monetary compensation such as restricted stock.