Executive compensation linked to net sales, ordinary profit and net income
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Other (disposal of treasury shares as restricted stock compensation) 8,588 shares ¥2,492,942」
The Company has continued the three-tier structure of basic compensation, performance-linked compensation and restricted stock compensation, with ratios of 80%, 15% and 5%, and disposed of 8,588 treasury shares as restricted stock compensation during the current fiscal year. - FY2025AdvancedAnnual report
「Other (disposal of treasury shares as restricted stock compensation) 5,450 shares ¥4,458,100」
The Company has continued the three-tier structure of basic compensation, performance-linked compensation and restricted stock compensation, with ratios of 80%, 15% and 5%, and disposed of 5,450 treasury shares as restricted stock compensation during the current fiscal year. - FY2024AdvancedAnnual report
「Directors' compensation consists of fixed basic compensation, performance-linked compensation as a short-term incentive, and restricted stock compensation as a medium- to long-term incentive, according to each director's role. The indicative ratio by type of compensation is approximately 80% basic compensation, 15% performance-linked compensation and 5% stock compensation.」
The Company operates a three-tier compensation system that includes restricted stock compensation and, during the current fiscal year, disposed of 8,537 treasury shares as restricted stock compensation. - FY2023ReframedAnnual report
「Directors' compensation consists of fixed basic compensation, performance-linked compensation as a short-term incentive, and restricted stock compensation as a medium- to long-term incentive, according to each director's role. The indicative ratio by type of compensation is approximately 80% basic compensation, 15% performance-linked compensation and 5% stock compensation.」
The compensation system has been reorganised from the previous basic compensation and performance-linked compensation structure into a three-tier structure that adds restricted stock compensation, with the ratios set at 80%, 15% and 5%. - FY2022RestatedAnnual report
「The indicative ratio by type of compensation is basic compensation: performance-linked compensation, etc. = 7:3, with the following ratios by position: representative directors, 65%:35%; directors, 75%:25%.」
The Company has reconfirmed its performance-linked compensation plan, which reflects achievement of net sales, ordinary profit and net income targets and execution of priority initiatives, as well as the compensation ratios by position. - FY2021First statedAnnual report
「The performance-linked portion of compensation is paid monthly as fixed compensation, with the amount determined based on the achievement of the year's performance targets—net sales, ordinary profit and net income—while also reflecting each director's execution of priority initiatives and other factors. The indicative ratio by type of compensation is basic compensation: performance-linked compensation, etc. = 7:3. By position, the ratios are 65%:35% for representative directors and 75%:25% for directors.」
The Company specifies the performance-linked portion of directors' compensation, which reflects achievement of net sales, ordinary profit and net income targets and execution of priority initiatives, and sets indicative ratios for basic and performance-linked compensation.