Directors' compensation policy, including compensation linked to operating income
First written in FY2021. 5 of 7 entries say "Advanced", first in FY2024. Latest entry: 2026-08-07.
- FY2026AdvancedAnnual report
「Directors' compensation will comprise fixed compensation, performance-linked compensation designed to increase incentives to improve performance, and restricted stock compensation designed to promote greater value sharing with shareholders and enhance corporate value.」
The Company institutionalized a compensation structure that includes restricted stock compensation in addition to compensation linked to operating income, and recognized ¥59.079 million in performance-linked compensation and ¥18.372 million in stock compensation for the current fiscal year. - 2026-06-03AdvancedGeneral Meeting of Shareholders
「当社は取締役の個人別の報酬等の内容に係る決定方針を、2025年５月15日開催の取締役会にて新たに決議いたしました。」
営業利益を算定指標とし、固定金銭報酬、譲渡制限付株式報酬、業績連動報酬で構成する新たな報酬決定方針と、その運用実績を開示している。 - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 15 July 2025, 22,553 shares were reduced through the disposal of treasury shares conducted on 7 August 2025 as restricted stock compensation.」
The Company discloses the disposal of 22,553 treasury shares on 7 August 2025 as restricted stock compensation based on a resolution of the Board of Directors. - FY2024AdvancedAnnual report
「In addition, operating income for the 114th fiscal year, which was the metric used to calculate performance-linked compensation for directors for the 115th fiscal year, was ¥1,592.760 million on a consolidated basis and ¥1,284.281 million on a non-consolidated basis. Performance-linked compensation accounted for approximately 30% of total compensation, with the remainder comprising fixed compensation.」
For the policy of performance-linked compensation based on operating income, the Company discloses the operating income used to calculate compensation for the 115th fiscal year and the approximately 30% performance-linked portion actually paid. - FY2021First statedAnnual report
「Directors' compensation will comprise fixed compensation and performance-linked compensation designed to increase incentives to improve performance. The metric for calculating performance-linked compensation will be operating income, and the amount will be calculated using a formula determined by the Board of Directors based on operating income. Performance-linked compensation will account for approximately 30% of total compensation, with the remainder comprising fixed compensation.」
The Company resolved its policy for determining directors' compensation on 8 February 2021 and has for the first time disclosed its policy of setting performance-linked compensation based on operating income at approximately 30% of total compensation, applicable from the 113th fiscal year onward.