Director compensation including performance-linked and restricted stock compensation
First written in FY2022. 3 of 6 entries say "Advanced", first in FY2024. Latest entry: 2026-06-19.
- FY2026RestatedAnnual report
「Where performance-linked compensation and other compensation is paid, compensation for directors other than Audit and Supervisory Committee members is to comprise fixed cash basic compensation, bonuses as performance-linked compensation and other compensation, and non-cash restricted stock compensation in proportions of approximately 70%:20%:10% when performance targets are achieved at 100%.」
The proportions of fixed compensation, performance-linked bonuses and restricted stock compensation, and the approximately 40% cap on performance-linked compensation, continue to be stated. - FY2024AdvancedAnnual report
「Based on the results of an external organisation's review, we reviewed and revised our executive compensation policy and compensation structure to link evaluation and compensation.」
Following the evaluation of the Board of Directors' effectiveness and a review by an external organisation, the company reviewed and revised its executive compensation structure to link evaluation and compensation. - FY2023RaisedAnnual report
「Where performance-linked compensation and other compensation is paid, compensation for directors other than Audit and Supervisory Committee members is to comprise fixed cash basic compensation, bonuses as performance-linked compensation and other compensation, and non-cash restricted stock compensation in proportions of approximately 70%:20%:10% when performance targets are achieved at 100%. Depending on performance evaluations, performance-linked compensation and other compensation is set at approximately 40% to 0% of total compensation.」
The maximum proportion of performance-linked compensation in total compensation was increased from approximately 20% to approximately 40%, and the standard proportions of basic compensation, bonuses and stock compensation were also specified. - FY2022First statedAnnual report
「Directors other than Audit and Supervisory Committee members are to receive fixed cash basic compensation, bonuses as performance-linked compensation and other compensation, and non-cash restricted stock compensation in proportions of approximately 7:2:1. Depending on performance evaluations, performance-linked compensation and other compensation is set at approximately 20% to 0% of total compensation.」
The company first explicitly stated its executive compensation policy, including the proportions of fixed compensation, performance-linked bonuses and restricted stock compensation, and the range of variation in performance-linked compensation.