Executive Compensation Reflecting Performance and Contribution
First written in FY2017. 11 of 14 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-06-24.
- 2026-06-24AdvancedShare Issuance and Disposal
「We will issue stock acquisition rights as stock compensation-type stock options to our directors and executive officers, with the aim of further increasing their motivation to raise the share price and improve performance by having them share with shareholders the benefits and risks of share price fluctuations.」
The policy of issuing stock compensation-type stock options to share the benefits and risks of share price fluctuations with shareholders and increase motivation to raise the share price and improve performance was made concrete through the issuance of the 16th series of stock acquisition rights. - FY2026Updated compensation mixAnnual report
「Compensation mix: Basic compensation 34%; Performance-linked compensation 59%; Stock-based compensation 7%」
The average composition of director compensation was 34% basic compensation, 59% performance-linked compensation and 7% stock-based compensation. Compared with the previously disclosed mix of 31%, 62% and 7%, the proportions of basic and performance-linked compensation changed. - FY2026-H1AdvancedAnnual report
「Number of stock acquisition rights (units)* 407 (Note 1) Class, details and number of shares underlying the stock acquisition rights (shares)* Common shares: 40,700 (Note 2)」
Stock-based compensation stock acquisition rights covering 407 units and 40,700 common shares were actually issued to 4 directors and 12 executive officers. - FY2025AdvancedAnnual report
「Compensation mix: Basic compensation 31%; Performance-linked compensation 62%; Stock-based compensation 7%」
The company specified the composition of director compensation as 31% basic compensation, 62% performance-linked compensation and 7% stock-based compensation, and described the process of deliberation and recommendations by the Nomination and Compensation Committee followed by a decision of the Board of Directors. - FY2025-H1AdvancedAnnual report
「Number of stock acquisition rights (units)* 351 (Note 1) Class, details and number of shares underlying the stock acquisition rights (shares)* Common shares: 35,100 (Note 2) Exercise period for stock acquisition rights* From 19 July 2024 to 18 July 2054」
Stock-based compensation stock acquisition rights covering 351 units and 35,100 common shares were issued to 5 directors and 11 executive officers, advancing the specific application of stock-based compensation to executive remuneration. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 June 2022, the company approved a policy for determining individual compensation and other remuneration for directors, hereinafter referred to as the Determination Policy.」
Following the transition to a company with an Audit & Supervisory Committee, the company approved a policy for determining individual compensation based on deliberations and recommendations by the Nomination and Compensation Committee, and specified the composition and procedures for fixed compensation, performance-linked compensation and stock-based compensation. - FY2023-Q1AdvancedAnnual report
「The company will issue stock acquisition rights as stock-based compensation stock options to its directors and executive officers, with the aim of further increasing their motivation to raise the share price and improve performance by sharing the benefits and risks of share-price movements with shareholders.」
The company issued 561 stock-based compensation stock options, representing 56,100 common shares, to directors and executive officers, with the aim of aligning their interests with share-price movements and improved performance. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 February 2021, the company approved a policy for determining individual compensation and other remuneration for directors.」
Based on deliberations and recommendations by the Nomination and Compensation Committee, the company formally approved a policy for determining individual director compensation. It also specified the composition of fixed compensation, performance-linked compensation and stock-based compensation, as well as the decision-making process. - FY2020AdvancedAnnual report
「The company will issue stock acquisition rights as stock-based compensation stock options to its directors, Audit & Supervisory Board members and executive officers. The purpose is to further increase directors' and executive officers' motivation to raise the share price and improve performance by sharing the benefits and risks of share-price movements with shareholders, and to further increase Audit & Supervisory Board members' motivation to conduct audits and investigations aimed at enhancing corporate value.」
The company disclosed the stock-based compensation stock options issued in July 2020 to directors, Audit & Supervisory Board members and executive officers, continuing to align their interests with share-price movements and improved performance. - FY2020-Q1AdvancedAnnual report
「The company will issue stock acquisition rights as stock-based compensation stock options to its directors, Audit & Supervisory Board members and executive officers. The purpose is to further increase directors' and executive officers' motivation to raise the share price and improve performance by sharing the benefits and risks of share-price movements with shareholders, and to further increase Audit & Supervisory Board members' motivation to conduct audits and investigations aimed at enhancing corporate value.」
The issuance of stock-based compensation stock options to directors, Audit & Supervisory Board members and executive officers was approved and carried out, advancing a compensation measure designed to align their interests with those of shareholders. - FY2019AdvancedAnnual report
「Director compensation consists of basic compensation determined by position, performance-linked compensation linked to short-term performance, and stock-based compensation in the form of stock options as a medium- to long-term incentive. • Basic compensation (approximately 40% of total compensation) • Performance-linked compensation (approximately 50% of total compensation) • Stock-based compensation (approximately 10% of total compensation)」
The company specified the compensation mix as approximately 40% basic compensation, 50% performance-linked compensation and 10% stock-based compensation, and described a process under which the Board of Directors makes the decision following consultation with and recommendations from the Nomination and Compensation Committee. - FY2019-Q1AdvancedAnnual report
「The company will issue stock acquisition rights as stock-based compensation stock options to its directors, Audit & Supervisory Board members and executive officers. The purpose is to further increase directors' and executive officers' motivation to raise the share price and improve performance by sharing the benefits and risks of share-price movements with shareholders, and to further increase Audit & Supervisory Board members' motivation to conduct audits and investigations aimed at enhancing corporate value.」
The issuance of stock-based compensation stock options to directors, Audit & Supervisory Board members and executive officers established a specific compensation measure designed to increase motivation related to share-price performance and business performance. - FY2018Specified compensation limitsAnnual report
「At the 95th Annual General Meeting of Shareholders held on 22 June 2018, shareholders approved an annual compensation limit of no more than ¥480 million for directors, including no more than ¥40 million for outside directors, excluding salaries for employee positions. Separately, at the same meeting, shareholders approved an annual limit of ¥55 million for stock option compensation.」
In addition to the compensation policy combining performance, duties and contribution with a fixed component, the company specified the maximum amounts for director compensation and stock option compensation. - FY2017First statedAnnual report
「In determining executive compensation, we comprehensively assess and determine the variable component, based on performance, duties and contribution, and the fixed component, based on the director's position, with the aim of further strengthening directors' motivation to improve performance.」
For director compensation, the company described for the first time a policy combining a variable component based on performance, duties and contribution with a fixed component based on position.