Executive Compensation Policy Combining Compensation Linked to Consolidated Operating Profit and Equity Compensation
First written in FY2021. 1 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026Update to reflect that no performance-linked compensation was paid for the current fiscal yearAnnual report
「Directors (excluding outside directors) 79／79／—／—」
For FY2026, the company recorded only basic compensation of ¥79 million for 4 directors, excluding outside directors, and recorded no performance-linked or stock-option compensation. - FY2025Update to current-year performance-linked and non-monetary compensationAnnual report
「Directors (excluding outside directors) 102／86／8／7／6」
For FY2025, the company recorded basic compensation of ¥86 million, performance-linked compensation of ¥8 million and stock options of ¥7 million for 6 directors, excluding outside directors. - FY2024AdvancedAnnual report
「Directors (excluding outside directors) 92／64／18／9／6」
For FY2024, the company recorded ¥18 million in performance-linked compensation and ¥9 million in non-monetary compensation for directors, excluding outside directors. - FY2022No performance-linked compensation paid for the current fiscal yearAnnual report
「In view of the impact of the spread of COVID-19 on performance during the fiscal year, no performance-linked compensation or other such compensation was paid.」
While disclosing a performance-linked compensation system based on consolidated operating income, the company did not make any payments during the fiscal year after taking into account the impact of the infectious disease on performance. - FY2021First statedAnnual report
「Director compensation comprises fixed monthly base compensation, bonuses linked to short-term performance, and stock acquisition rights as stock options, which constitute equity compensation and fluctuate with the share price. In view of their supervisory role, outside directors do not receive stock acquisition rights as stock options. / Indicative ratio by type of compensation: base compensation : performance-linked compensation, etc. : non-monetary compensation, etc. = 75:20:5」
Under the policy adopted on 5 February 2021, base compensation, bonuses linked to consolidated operating profit and stock options were combined, with an indicative compensation ratio of 75:20:5.