Increase in Executive Compensation Limits and Compensation Decision-Making Policy
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The total maximum amount of compensation for all directors is determined by resolution of the General Meeting of Shareholders, and compensation and other benefits consist solely of fixed monthly compensation.」
The policy of paying directors only monthly fixed compensation within the limit approved by the shareholders' meeting, and the method for determining individual allocations, remain in place. - FY2022RestatedAnnual report
「The total maximum amount of compensation for all directors is determined by resolution of the General Meeting of Shareholders, and compensation and other benefits consist solely of fixed monthly compensation.」
The company continues its policy of providing directors solely with fixed monthly compensation under the cap approved by the General Meeting of Shareholders, with individual allocations determined by the representative director and president. - FY2021RestatedAnnual report
「The company has established a policy for determining the amount of compensation and other benefits for its officers and the method of calculation. Under this policy, the total maximum amount of compensation for all directors is determined by resolution of the General Meeting of Shareholders, and compensation and other benefits consist solely of fixed monthly compensation.」
The filing describes the policy of providing directors solely with fixed monthly compensation, the cap approved by the General Meeting of Shareholders, and the method for determining individual allocations by the representative director and president. - FY2020First statedAnnual report
「At the 74th Annual General Meeting of Shareholders held on 26 June 2020, it was resolved that directors' compensation would be capped at ¥500 million per year, including a maximum of ¥30 million per year for outside directors, and that corporate auditors' compensation would be capped at ¥60 million per year. As before, directors' compensation does not include the employee salaries of directors who also serve as employees.」
The filing states that, pursuant to a resolution of the Annual General Meeting of Shareholders, directors' compensation is capped at ¥500 million per year, compensation for outside directors at ¥30 million per year, and corporate auditors' compensation at ¥60 million per year.