Determination of Executive Compensation, Including Performance-Linked Compensation
First written in FY2018. 4 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
44 other companies' latest entry also says "Other".
- FY2026Update to Performance-Linked Compensation ResultsAnnual report
「Company ordinary profit: target ¥4,000 million, result ¥3,995 million (fiscal 2024 results) Dividend per share: target ¥10, result ¥20 (actual dividend for the fiscal year ended February 2025)」
Updated the targets and results for the preceding fiscal year for performance-linked compensation using ordinary profit and dividend per share as KPIs. - FY2025Update to Performance-Linked Compensation ResultsAnnual report
「The targets and results for the performance-linked compensation indicators for the current fiscal year are as follows: Company ordinary profit: target ¥1,600 million, result ¥2,606 million (fiscal 2023 results); dividend per share: target ¥10, result ¥10 (actual dividend for the fiscal year ended February 2024).」
Updated the targets and results for the preceding fiscal year for performance-linked compensation using ordinary profit and dividend per share as KPIs. - FY2022AdvancedAnnual report
「The indicative ratio by type of compensation is fixed compensation to performance-linked compensation of 80:20 (when KPIs are achieved at 100%).」
Specified the indicative ratio of fixed compensation to performance-linked compensation as 80:20 and indicated a policy of using ordinary profit and annual dividend per share as KPIs. No dividend was paid for the current period, so no performance-linked compensation was paid. - FY2021AdvancedAnnual report
「The company held a meeting of the Nomination and Compensation Committee on 24 February 2021 to deliberate on the policy for determining the details of individual director compensation and other remuneration. Based on the outcome, the Board of Directors, which met on the same day, determined the policy and resolved to amend the regulations governing director compensation.」
Following deliberation by the Nomination and Compensation Committee, implemented the process of determining the policy for individual director compensation at the Board of Directors and amending the compensation regulations. - FY2020AdvancedAnnual report
「Compensation for full-time directors consists of fixed cash compensation and performance-linked cash compensation. Performance-linked cash compensation is determined by multiplying the base amount by a coefficient established according to the company’s ordinary profit and annual dividend per share for the preceding fiscal year.」
Specified the calculation method for performance-linked compensation using a coefficient based on ordinary profit and annual dividend per share. Also disclosed that ordinary profit for the preceding fiscal year was ¥4,520 million against a target of ¥3,400 million, while the dividend per share was ¥20 against a target of ¥20. - FY2019AdvancedAnnual report
「We have established a Nomination and Compensation Committee consisting of the Chair of the Board of Directors, the President and Executive Officer, independent outside directors and independent outside Audit & Supervisory Board Members. The committee deliberates on personnel matters and compensation for directors and others.」
Provided specific details of the deliberation framework of the Nomination and Compensation Committee for determining executive compensation, including confirmation of performance-linked compensation. - FY2018First statedAnnual report
「For director compensation, the President and Executive Officer determines the allocation for each director according to position and other factors, based on a resolution of the Board of Directors, and part of the compensation is performance-linked.」
Described the policy under which part of director compensation is performance-linked.