Performance-Linked Executive Compensation Plan Including Restricted Stock
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 32 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under the equity compensation plan, the Company grants performance-linked restricted stock to internal directors based on the Company's performance achievement over 3 consecutive fiscal years.」
The Company gave concrete form to restricted stock compensation linked to performance achievement over 3 consecutive fiscal years and disclosed an evaluation composition of 80% ROE and 20% ESG. - FY2025AdvancedAnnual report
「Fixed compensation 44–53%, single-year bonus 28–33%, equity compensation 18–28%. For example, the CEO's composition ratio at the standard amount is fixed compensation:single-year bonus:equity compensation = 44%:28%:28%.」
The Company revised its executive compensation plan and disclosed a policy of restructuring it into fixed compensation, a single-year bonus and equity compensation linked to 3 fiscal years, as well as specific compensation ratios for internal directors. - FY2022First statedAnnual report
「The Company grants restricted stock to internal directors as non-monetary compensation to motivate sustainable growth and the enhancement of corporate value over the medium to long term, and to strengthen value sharing with shareholders.」
Compensation for internal directors comprises base compensation, performance-linked compensation and non-monetary compensation, with the indicative ratio by type disclosed as 70:15:15. The Company recorded ¥38 million in non-monetary compensation and other items during the current fiscal year.