Performance-Linked Executive Compensation and Equity-Settled Stock Options
First written in FY2019. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: 2026-06-24.
- 2026-06-24AdvancedShare Issuance and Disposal
「Having considered the purpose of this plan, the Bank’s performance, the scope of responsibilities of each allocation recipient and other relevant factors, the Bank resolved, at a meeting of its Board of Directors held today, to grant a total of 9,108 shares of the Bank’s common stock (the “Shares to Be Allotted”) as in-kind contributions, using as the contribution amount a total of ¥21,995,820 in monetary compensation receivables granted to 8 eligible directors, with the total amount of monetary compensation receivables contributed per offered share being ¥2,415.」
The resolution to grant 9,108 shares to 8 eligible directors under the operation of the restricted stock compensation plan was confirmed. - FY2026-H1AdvancedAnnual report
「Decrease due to disposal as restricted stock compensation 17,854 shares Decrease due to exercise of stock options 3,000 shares」
Disposals under the restricted stock compensation introduced in place of stock options continued, and the exercise of rights under the previous stock option system was also confirmed. - FY2025-H1AdvancedAnnual report
「Decrease due to disposal as restricted stock compensation 18,261 shares」
Under the restricted stock compensation introduced in place of stock options, 18,261 shares were disposed of during the current interim consolidated accounting period. - FY2024-Q2AdvancedAnnual report
「Decrease due to disposal as restricted stock compensation 21,965 shares Decrease due to exercise of stock options 3,780 shares」
Under the restricted stock compensation system introduced in place of stock options, 21,965 shares were disposed of. The exercise of rights covering 3,780 shares under the previous stock option system was also disclosed. - FY2023ReframedAnnual report
「The Bank decided to introduce a restricted stock compensation plan in place of the compensation program using stock acquisition rights as share-based stock options, and obtained approval at the 148th Annual General Meeting of Shareholders held on 22 June 2023.」
The structure was reconfigured from fixed compensation, performance-linked compensation and stock options in the form of equity compensation to a system introducing restricted stock compensation in place of stock options. The annual cap on compensation under the new system is ¥36 million. - FY2021AdvancedAnnual report
「Specifically, compensation for Directors, excluding Directors who are Audit and Supervisory Committee Members, consists of fixed-amount compensation, performance-linked compensation and stock options in the form of equity compensation. The indicative ratio of fixed-amount compensation to performance-linked compensation to stock options in the form of equity compensation is 8:1:1.」
While maintaining the three-component structure of fixed compensation, performance-linked compensation and stock options in the form of equity compensation, the indicative compensation ratio was specified as 8:1:1. - FY2019First statedAnnual report
「Compensation and other remuneration for Directors, excluding Outside Directors, consists of three components: (i) “fixed-amount compensation,” paid monthly according to their roles and responsibilities; (ii) “performance-linked compensation,” paid according to annual performance and other factors; and (iii) “stock options in the form of equity compensation,” intended to further strengthen Directors’ motivation to contribute to enhancing corporate value and their awareness of the importance of shareholder-focused management.」
The policy of structuring Directors’ compensation into fixed compensation, performance-linked compensation and stock options in the form of equity compensation was first documented in a thread. It also states that actual net income was ¥2,492 million against a target of ¥2,600 million.