Policy for Determining Directors’ Compensation
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Although no specific target has been established for bonuses, when the Board of Directors determines, in consideration of the results for the fiscal year, that sufficient consolidated net income for the period has been secured to pay a bonus, the representative directors determine the amount to be paid with the approval of the Board of Directors, and the company pays that amount.」
In addition to the previous explanation of the composition of base compensation, bonuses and directors’ retirement allowances and evaluation allocation by the representative directors, the company expressly states that no specific target has been established for bonuses and that consolidated net income for the period is used as a basis for the determination. - FY2022RestatedAnnual report
「The representative directors allocate evaluations for base compensation and bonuses with the approval of the Board of Directors.」
The company continues its policy of comprising director compensation of base compensation, bonuses and directors’ retirement allowances, including evaluation allocation by the representative directors and consultation with outside directors. - FY2021First statedAnnual report
「The compensation of directors, excluding outside directors, is paid in cash and comprises base compensation, bonuses and directors’ retirement慰労金 (retirement allowances payable upon retirement), within the scope approved by resolutions of the general meeting of shareholders.」
The company has newly provided a consolidated disclosure of its policy for determining director compensation, comprising base compensation, bonuses and directors’ retirement allowances, including the allocation of evaluations by 2 representative directors and consultation with outside directors.