Performance- and Share Price-Linked Executive Compensation
First written in FY2016. 6 of 10 entries say "Advanced", first in FY2018. Latest entry: 2026-08-14.
- FY2026AdvancedAnnual report
「Appropriately combine fixed compensation (base compensation), performance-linked compensation and stock-based compensation from the perspective of enhancing the Company’s corporate value over the medium to long term.」
In May 2025, established a compensation policy specifying a composition of 65–75% fixed compensation, 15–20% bonuses and 10–15% stock-based compensation, as well as an STI using operating income, ROE and employee engagement, and an LTI based on RS. - FY2024AdvancedAnnual report
「“Other” for the fiscal year consisted of disposals as restricted stock compensation (13,000 shares, total disposal value of ¥35,607,000) and the exercise of stock options (1,000 shares, total disposal value of ¥2,192,000).」
Disposed of 13,000 shares as restricted stock compensation and exercised stock options for 1,000 shares, updating the operating results of the stock-linked compensation plan. - FY2022AdvancedAnnual report
「“Other” for the fiscal year consisted of disposals as restricted stock compensation (25,000 shares, total disposal value of ¥47,900,000) and the exercise of stock options (7,200 shares, total disposal value of ¥13,393,000).」
During the fiscal year, 25,000 shares were disposed of as restricted stock compensation, and the previously introduced stock-based compensation plan continued to be operated. - FY2020RestatedAnnual report
「We introduced restricted stock in place of the share-based stock option plan to provide stronger incentives than before for the sustainable enhancement of corporate value and to promote greater value sharing with shareholders.」
The company has reconfirmed the plan design, which transitioned from share-based stock options to restricted stock compensation, and its objective of emphasizing corporate value and value sharing with shareholders. - FY2019RestatedAnnual report
「We introduced restricted stock in place of the share-based stock option plan to provide stronger incentives than before for the sustainable enhancement of corporate value and to promote greater value sharing with shareholders.」
The company has reconfirmed the design of the plan to transition from share-based stock options to restricted stock compensation and its objective of emphasizing corporate value and value sharing with shareholders. - FY2018AdvancedAnnual report
「This resulted from the disposal of 38,500 treasury shares under the restricted stock compensation plan conducted on 25 August 2017.」
Under the restricted stock compensation plan approved in the previous fiscal year, 38,500 treasury shares were disposed of, moving the plan into practical operation following its introduction. - FY2017ReframedAnnual report
「At the 69th Annual General Meeting of Shareholders held on 29 June 2017, a resolution was passed to introduce a restricted stock compensation plan in place of the existing share-based stock option plan for the company's directors, excluding directors who are Audit and Supervisory Committee members. The purpose was to provide stronger incentives than before for the sustainable enhancement of corporate value and to promote greater value sharing with shareholders.」
By the filing date, a resolution had been passed to change the equity-linked portion of executive compensation from share-based stock options to a restricted stock compensation plan. - FY2016First statedAnnual report
「Share-based stock options are intended to align executives with shareholders in sharing the benefits and risks of share-price movements and to increase their motivation to contribute to higher share prices and greater corporate value.」
Director compensation comprises base compensation, executive bonuses and compensation taking into account performance, share price and other factors. The annual limit on director compensation is ¥700 million.