Development of an Executive Compensation Structure Including Performance-Linked Compensation
First written in FY2022. 1 of 2 entries say "Reframed", first in FY2023. Latest entry: FY2023.
Nippi moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Because outside directors supervise and provide advice from a position independent of business execution, short-term performance-linked compensation is not considered appropriate for them, and we will consider providing them with fixed compensation only going forward.」
The company added that it would consider moving toward a system under which outside directors receive fixed compensation only as part of the executive compensation structure, including performance-linked compensation. - FY2022First statedAnnual report
「Directors' compensation consists of monthly base compensation, short-term performance-linked compensation tied to short-term company performance, and retirement bonuses paid upon retirement. With annual compensation set at 100, base compensation and short-term performance-linked compensation are generally based on a 75:25 ratio.」
The company set out an executive compensation structure consisting of base compensation based on roles and responsibilities, short-term compensation linked to net sales, ordinary profit, net profit and other measures, and retirement bonuses.