Performance-Linked Executive Compensation System
First written in FY2022. 4 of 6 entries say "Advanced", first in FY2023. Latest entry: 2026-05-14.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- 2026-05-14AdvancedShare Issuance and Disposal
「At a meeting of the Board of Directors held today, we resolved to carry out a disposal of treasury shares based on PSUs granted in 2025 under this system (the “Treasury Share Disposal”). We hereby announce the decision.」
Under its performance-linked share compensation system, the company resolved to dispose of 1,974 treasury shares based on PSUs granted in 2025, bringing the system to the actual share-delivery stage. The evaluation metrics include operating margin, ROIC, and non-financial indicators. - FY2026AdvancedAnnual report
「The decrease of 7,209 common treasury shares resulted from the disposal of treasury shares as performance-linked stock compensation.」
The disposal of 7,209 treasury shares as performance-linked stock compensation was disclosed, indicating that the system has moved to the implementation stage. - 2026-04-16Cited as achievedGeneral Meetings of Shareholders
「Performance-linked compensation and other forms of compensation consist of compensation linked to short-term performance (bonuses) and compensation linked to medium- to long-term performance (share-based compensation).」
The company discloses the structure of its performance-linked executive compensation system, comprising short-term cash compensation and medium- to long-term share-based compensation, as well as results for the fiscal year ended February 2026. - FY2024AdvancedAnnual report
「At the 67th Annual General Meeting of Shareholders held on 16 May 2024, the company approved and adopted the introduction of performance-linked restricted stock compensation, in addition to the basic compensation and performance-linked compensation described above, into the compensation structure for directors in the following fiscal year, excluding directors who are Audit and Supervisory Committee members and outside directors.」
The introduction of performance-linked restricted stock compensation, in addition to cash compensation, from the following fiscal year was approved at the General Meeting of Shareholders. Its linkage to the quantitative targets for 2030 under the Fifth Medium-Term Management Plan was also specified. - FY2023AdvancedAnnual report
「Actual results for the fiscal year ended February 2023 (¥ millions) Consolidated Non-consolidated Net income attributable to owners of the parent Operating revenue Ordinary income Operating revenue Operating income Publicly disclosed figures 9,300 409,000 13,500 372,000 11,700 Actual results 7,516 415,675 12,311 371,282 9,943」
For performance-linked executive compensation, the company specifically disclosed the categories for consolidated and non-consolidated performance indicators, publicly disclosed figures, actual results and payout rates, showing the evaluation criteria used to operate the system. - FY2022First statedAnnual report
「Performance-linked compensation for directors, excluding directors who are Audit and Supervisory Committee members, consists of cash compensation reflecting key performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. An amount calculated based on the annual target values, the "components of performance-linked compensation" and the "payout rate by performance against publicly disclosed figures" is paid each year at a specified time as a bonus.」
A performance-linked executive compensation system tied to performance indicators (KPIs), annual target values, consolidated and non-consolidated performance, and individual performance was disclosed as a topic for the first time.