Director Compensation Policy Based on Fixed Compensation and Bonuses Linked to Net Income
First written in FY2021. 1 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Increase in performance-linked bonusAnnual report
「・At a meeting of the Board of Directors held on 23 March 2026, the Board resolved, in accordance with the policy for determining directors' compensation and other matters, to pay a total of ¥48 million as a bonus constituting performance-linked compensation.」
The policy of setting the performance-linked bonus at 3–7% of net income for the current period remains in place, and the company resolved to pay a total of ¥48 million in the current fiscal year. This is an increase from ¥20 million in the previous fiscal year. - FY2024Resumption and increase of performance-linked bonus paymentsAnnual report
「・At a meeting of the Board of Directors held on 29 March 2024, the Board resolved, in accordance with the policy for determining directors' compensation and other matters, to pay a total of ¥20 million as a bonus constituting performance-linked compensation.」
The policy of setting the performance-linked bonus at 3–7% of net income for the current period remains in place. After no bonus was paid in the previous fiscal year, the company resolved to pay a total of ¥20 million in the current fiscal year. - FY2023No performance-linked bonus paidAnnual report
「At a meeting of the Board of Directors held on 28 April 2023, the Board resolved, in accordance with the policy for determining directors' compensation and other matters, not to pay a bonus as performance-linked compensation.」
The policy for a performance-linked bonus that takes into account net income for the current period, dividends to shareholders and other factors remains in place, but no bonus was paid for the fiscal year. - FY2022AdvancedAnnual report
「If a bonus is paid, the total amount paid will be 3–7% of net income for the current period, based on a comprehensive assessment of the foregoing factors. Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) Performance-linked compensation: ¥12 million」
The Board of Directors confirmed the policy of paying a performance-linked bonus based on 3–7% of net income for the current period, and ¥12 million in performance-linked compensation was paid for the fiscal year. - FY2021First statedAnnual report
「Our performance-linked compensation consists of bonuses. Whether to pay a bonus is determined based on a comprehensive assessment of progress under the medium-term management plan, profit for the current period, financial conditions at the end of the period, the amount of dividends to shareholders and other factors. If a bonus is paid, the total amount paid will be 3–7% of net income for the current period, based on a comprehensive assessment of the foregoing factors.」
For directors' compensation, it has for the first time expressly stated a policy of paying a performance-linked bonus, in addition to fixed compensation, with the total amount set at 3–7% of net income for the current period.