Nomination and Compensation Committee and Performance-Linked Executive Compensation
First written in FY2019. 9 of 11 entries say "Advanced", first in FY2021. Latest entry: 2026-07-24.
- FY2026AdvancedAnnual report
「From fiscal 2025, the Nomination and Compensation Committee also began work on succession planning for director candidates.」
In addition to the systematic development of executive officer candidates, the Nomination and Compensation Committee began succession planning for director candidates. - FY2025AdvancedAnnual report
「In the Nomination and Compensation Committee, which consists of a majority of independent outside directors, an independent outside director has served as chair since December 2024 to further enhance the transparency and fairness of the process for the appointment and dismissal, evaluation and compensation decisions concerning directors and other executives. The committee is also considering matters including succession planning.」
The committee began operating under the chairmanship of an independent outside director, and consideration of succession planning began in addition to the appointment, dismissal and compensation of executives. - FY2025-H1AdvancedAnnual report
「26 July 2024 5,467 21,539,071 ― 3,776 ― 4,648 ( Note: The number of shares increased by 5,467 shares, with an issue value of ¥22 million, as a result of the issuance of new shares as restricted stock compensation pursuant to a resolution of the Board of Directors meeting held on 27 June 2024.)」
The Company issued 5,467 shares on 26 July 2024 as restricted stock compensation and disclosed the operating results of the share-based compensation plan. - FY2024-Q2AdvancedAnnual report
「26 July 2023 5,671 21,539,071 ― 3,776 ― 4,648 ( Note: The number of shares increased by 5,671 shares, with an issue value of ¥17 million, as a result of the issuance of new shares as restricted stock compensation pursuant to a resolution of the Board of Directors meeting held on 26 June 2023.)」
The Company disclosed the issuance of 5,671 shares on 26 July 2023 as restricted stock compensation, providing specific operating results for the share-based compensation plan. - FY2023AdvancedAnnual report
「Performance-based compensation had previously been incorporated into the total compensation for the following fiscal year and paid as monthly compensation, but the Board of Directors resolved to change this to a bonus payment system from fiscal 2022. The achievement rate for net income attributable to owners of the parent for the fiscal year ended March 2023 was 101.8%.」
The Company changed performance-based compensation from monthly compensation to a bonus payment system and disclosed the operating results of a compensation system using profit attributable to owners of the parent and individual KPIs. - FY2021AdvancedAnnual report
「Within the compensation framework described above, the 51st Annual General Meeting of Shareholders held on 29 June 2021 approved the introduction of a system to grant restricted stock to the Company's directors, excluding outside directors. The purpose is to increase their share ownership beyond previous levels, provide incentives for the sustained enhancement of corporate value, and further promote value sharing with shareholders.」
In addition to the Nomination and Compensation Committee and performance-linked compensation, shareholders approved the introduction of a restricted stock compensation plan. The plan is capped at 21,000 shares per year and ¥31 million per year. - FY2019First statedAnnual report
「By resolution of the Board of Directors meeting held on 30 January 2012, the Company established a Compensation Committee as an advisory committee to the Board of Directors. At a Board of Directors meeting held on 28 November 2018, matters concerning the nomination of candidates for executive positions were added to the committee's deliberations, making it a voluntary Nomination and Compensation Committee. Fixed base compensation accounts for 60% of executive compensation, while performance-linked variable compensation accounts for 40%.」
The Compensation Committee was made a Nomination and Compensation Committee by adding the function of nominating candidates for executive positions. Directors' compensation consists of fixed compensation, performance-based compensation and share-based compensation, with performance-linked variable compensation accounting for 40% of executive compensation.