Introduction of a Performance-Linked Share Compensation Plan
First written in FY2018. 7 of 15 entries say "Advanced", first in FY2019. Latest entry: 2026-07-30.
77 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「The plan will be introduced for eligible employees with the aim of strengthening the link between the Company's share price and performance and their compensation, sharing the resulting economic benefits with shareholders, increasing their awareness of participating in management, and enhancing their motivation to improve the share price and performance.」
In addition to the existing performance-linked stock compensation for directors and executive officers, a policy was adopted to introduce a J-ESOP for certain employees in managerial positions. The maximum number of shares to be acquired was set at 49,200 shares, and the trust amount at ¥71.5 million. - FY2024AdvancedAnnual report
「The total number of points granted to directors and other eligible persons per fiscal year is capped at 200,000 points. (Each point is convertible into 1 share of the Company's common stock.) The Company conducted a 5-for-1 stock split of its common stock effective 1 April 2024. Following the stock split, the annual cap on the total number of points granted to directors and other eligible persons is 1,000,000 points.」
Following the revision of the stock compensation plan, non-executive directors, including the chair of the board and outside directors, were added as eligible recipients, and the annual points cap was specified. - FY2024-Q2Decrease in the number of shares covered by the planAnnual report
「The "Shares with Full Voting Rights (Other)" column includes 100 shares held in the name of the Japan Securities Depository Center and 379,900 shares acquired under the performance-linked stock compensation plan (Board Benefit Trust).」
The shares acquired under the performance-linked stock compensation plan decreased to 379,900 shares from 592,400 shares in the previous disclosure. - FY2023ReframedAnnual report
「Base compensation consists of a fixed cash salary determined according to the director's position and other factors, and Stock Compensation I, consisting of a fixed number of shares determined according to the director's position and other factors. Performance-linked compensation consists of a cash bonus linked to the Company's performance and the individual director's performance, and Stock Compensation II, paid in shares.」
The performance-linked stock compensation plan was revised and reorganized into a structure comprising fixed Stock Compensation I and performance-linked Stock Compensation II, with non-executive directors also included as eligible recipients. - FY2023-Q2Continued decrease in the number of shares covered by the planAnnual report
「The "Shares with Full Voting Rights (Other)" column includes 100 shares held in the name of the Japan Securities Depository Center and 592,400 shares acquired under the performance-linked stock compensation plan (Board Benefit Trust).」
The shares acquired under the performance-linked stock compensation plan decreased further to 592,400 shares from 625,900 shares in the previous disclosure. - FY2022-Q2Continued decrease in the number of shares covered by the planAnnual report
「The "Shares with Full Voting Rights (Other)" column includes 100 shares held in the name of the Japan Securities Depository Center and 625,900 shares acquired under the performance-linked stock compensation plan (Board Benefit Trust).」
The shares acquired under the performance-linked stock compensation plan decreased to 625,900 shares from 631,900 shares in the previous disclosure. - FY2021AdvancedAnnual report
「(Compensation composition ratio) Base compensation (fixed compensation): cash compensation linked to performance: non-cash compensation linked to performance = 1:0.25:0.35 (Indicators used for the performance evaluation coefficient) Type of indicator Net profit (Note) Net income attributable to owners of the parent」
In addition to the performance-linked stock compensation plan, the composition ratios of fixed compensation, cash performance compensation, and non-cash compensation were specified, as were the evaluation indicators using net profit and net income attributable to owners of the parent. - FY2021-Q2Decrease in the number of shares covered by the planAnnual report
「The "Shares with Full Voting Rights (Other)" column includes 100 shares held in the name of the Japan Securities Depository Center and 631,900 shares acquired under the performance-linked stock compensation plan (Board Benefit Trust (BBT)).」
The shares acquired under the performance-linked stock compensation plan were disclosed as 631,900 shares, a decrease from 639,200 shares in the previous disclosure. - FY2020-Q2AdvancedAnnual report
「The "Shares with Full Voting Rights (Other)" column includes 100 shares held in the name of the Japan Securities Depository Center and 639,200 shares acquired under the performance-linked stock compensation plan (Board Benefit Trust (BBT)).」
The 639,200 shares acquired under the performance-linked stock compensation plan were reflected in the disclosure relating to voting rights, providing specific details on the operation of the plan. - FY2019AdvancedAnnual report
「Based on a resolution of the 50th Annual General Meeting of Shareholders held on 25 June 2019, the maximum total number of shares scheduled to be delivered to eligible persons during the 5-fiscal-year period from the fiscal year ending March 2020 through the fiscal year ending March 2024 is 1,050 thousand shares.」
For the performance-linked stock compensation plan, a maximum delivery amount of 1,050 thousand shares was set for the 5 fiscal years from the fiscal year ending March 2020 through the fiscal year ending March 2024. - FY2018First statedAnnual report
「Pursuant to a resolution of the 49th Annual General Meeting of Shareholders held on 26 June 2018, we introduced a performance-linked stock compensation plan. The plan is intended to clarify the link between the compensation of directors, excluding the chair of the board and outside directors, and executive officers who do not concurrently serve as directors, and the Company's performance and share value, thereby contributing to improved medium- to long-term performance and increased corporate value and, ultimately, sharing with shareholders an awareness of the importance of increasing share value.」
A stock compensation plan was introduced for directors and other eligible persons to clarify the link with performance and share value. The covered period comprises the 2 fiscal years from the end of March 2019 to the end of March 2020, and the maximum number of shares to be delivered is 240 thousand shares.