Performance-linked compensation and stock-based stock options
First written in FY2017. 2 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「28 June 2024: Review of the executive compensation system <Revision details> ① Changes to the performance indicators used to determine the payout rate for executive performance-based compensation ② Introduction of a management-by-objectives (MBO) system」
The company revised the system by changing the performance indicators for performance-based compensation and introducing MBO. - FY2024RestatedAnnual report
「Performance-based compensation accounts for approximately 30% of total cash compensation, comprising base compensation and performance-based compensation, and this weighting is increased according to the level of responsibility.」
The company has reconfirmed its policy of setting performance-based compensation at approximately 30% of total cash compensation and varying it from 0% to 200% based on business performance and individual evaluations. - FY2022RestatedAnnual report
「Performance-based compensation accounts for approximately 30% of total cash compensation, comprising base compensation and performance-based compensation, and this weighting is increased according to the level of responsibility.」
The company has reconfirmed its compensation system, comprising base compensation, performance-based compensation, and stock-based stock options, as well as the variable range for performance-based compensation. - FY2019AdvancedAnnual report
「Performance-based compensation will account for approximately 30% of total cash compensation, comprising base compensation and performance-based compensation, with the weighting increased according to responsibility. The payment rate for performance-based compensation is set at 100% of the standard amount when the targets established at the beginning of the period are achieved, with a range of 0% to 200% based on the year's performance and individual evaluations.」
The company has specified the operation of performance-linked compensation, including the proportion of performance-based compensation, the payout rate when targets are achieved, and a variable range of 0% to 200%. - FY2017First statedAnnual report
「Directors’ compensation consists of base compensation, performance-based compensation, and stock-based stock options.」
The company states its policy of structuring directors’ compensation as base compensation, company-wide and individual performance-based compensation, and stock-based stock options.