Introduction of a share price-linked compensation plan
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2024.
- FY2024Increase in future expected paymentsAnnual report
「Performance- and results-linked compensation includes ¥31 million in expected future payments at the end of the current fiscal year under the rules of the share price-linked compensation plan.」
The share price-linked compensation plan continued to operate, and expected future payments increased from ¥14 million in the previous fiscal year to ¥31 million. - FY2023Increase in future expected paymentsAnnual report
「Performance- and results-linked compensation includes ¥14 million in expected future payments at the end of the current fiscal year under the rules of the share price-linked compensation plan.」
The share price-linked compensation plan continued to operate, and expected future payments changed from ¥6 million in the previous fiscal year to ¥14 million. - FY2022AdvancedAnnual report
「Performance- and results-linked compensation includes ¥6 million in expected future payments at the end of the current fiscal year under the rules of the share price-linked compensation plan introduced during the current fiscal year.」
The share price-linked compensation plan approved for introduction in the previous fiscal year began in the current fiscal year, and expected future payments of ¥6 million were reflected in compensation. - FY2021First statedAnnual report
「At the 108th Annual General Meeting of Shareholders held on 23 June 2020, shareholders approved a maximum annual grant of 40,000 points under the points-based share price-linked compensation plan, which is linked to the share price at the time of retirement (1 point is equivalent to 1 share).」
The company introduced the share price-linked compensation plan from the current fiscal year, with a maximum annual grant of 40,000 points under the points-based compensation plan linked to the share price at retirement and achievement of performance targets.