Performance-Linked Share-Based Compensation and Clawback/Malus
First written in FY2021. 4 of 7 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-05-14.
77 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「From the current interim consolidated accounting period, we introduced a share compensation plan using an officer compensation BIP trust for executive directors and executive officers who do not concurrently serve as directors, excluding non-residents of Japan (collectively, “Directors and Executive Officers”). The purpose of this plan is to further encourage contributions to improving performance over the medium to long term and increasing corporate value.」
The company introduced a share compensation plan using an officer compensation BIP trust for directors and executive officers from the current interim consolidated accounting period. It disclosed that the trust held 527 thousand shares with a carrying amount of ¥809 million. - FY2025Proposal to Amend the Share Compensation PlanAnnual report
「We have proposed, as an agenda item for approval at the annual general meeting of shareholders scheduled for 25 June 2025, a revision to the amount and terms of share compensation and other compensation for directors. If the proposal is approved, matters relating to the policy for determining the amount of compensation and other remuneration for officers, or the method of calculating it, will be as follows.」
The company proposed to the general meeting of shareholders revisions to the amount and terms of share compensation under the existing framework for performance-based share compensation, clawback and malus. - FY2023AdvancedAnnual report
「The performance-based component was 70%, based on the degree of achievement of targets and other factors for fiscal 2022.」
For performance-based share compensation, the company disclosed expense recognition and operation of the plan using gross profit from RA operations, OHR and the capital ratio for Phase 1 of Re:Start 2025 as performance metrics, with the achievement level for fiscal 2022 set at 70%. - FY2022-Q2AdvancedAnnual report
「Common shares 490 0 87 403 (Note) The decrease of 87 thousand treasury shares comprises the delivery of 87 thousand shares under the share compensation plan and the purchase of 0 thousand shares below one unit.」
Regarding the performance-based share compensation and other plans, the company disclosed the delivery of 87 thousand shares under the share compensation plan during the current interim consolidated accounting period. Treasury shares decreased from 490 thousand to 403 thousand. - FY2021First statedAnnual report
「Share compensation comprises a performance-based component (Performance Share), determined according to the achievement of targets under the medium-term management plan, and a non-performance-based component (Restricted Stock), intended to promote alignment of interests with shareholders. The performance-based component will account for approximately 50% or more.」
The company introduced post-delivery share compensation for officers linked to the financial targets of the medium-term management plan. It indicated a policy of setting the performance-based component at approximately 50% or more and establishing clawback and malus provisions covering serious misconduct and other matters.