Executive Compensation Linked to Performance and Medium- to Long-Term Corporate Value
First written in FY2016. 13 of 17 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-05-26.
- 2026-05-26AdvancedGeneral Meetings of Shareholders
「執行役員を兼任する取締役の報酬は固定報酬たる基本報酬（金銭報酬）及び業績に連動しない株式報酬（RS）、並びに変動報酬（業績連動報酬）たる単年度業績報酬（金銭報酬及び株式報酬）及び長期目標貢献報酬（株式報酬）で構成し、主たる業務が業務執行監督である社外取締役を含む執行役員を兼任しない取締役については、業務執行監督に加え株主価値の共有を実践するため、基本報酬と業績に連動しない株式報酬（RS）にて構成する。」
業績連動報酬、長期目標貢献報酬、RSを含む報酬構成と、報酬諮問委員会の関与による決定手続きを具体的に開示した。 - FY2025RaisedAnnual report
「From FY2025, the company increased the proportion of performance-linked compensation and stock compensation. As a result, when certain performance targets are achieved, the indicative compensation mix for the model compensation package will be approximately ① monthly compensation (cash compensation), 37%; ② position-based stock compensation (stock compensation), 7%; ③ single-year performance compensation (cash compensation), 28%; and ④ long-term target contribution compensation (stock compensation), 28%, resulting in an approximate cash compensation-to-stock compensation ratio of 65:35.」
From FY2025, the company indicated a policy of increasing the proportions of performance-linked compensation and stock compensation and revising the model mix to 65% cash compensation and 35% stock compensation. - FY2025-H1AdvancedAnnual report
「The issuance of new shares as restricted stock compensation, with 2 August 2024 as the payment date, increased the total number of issued shares by 113 thousand and stated capital by ¥293 million.」
A total of 113 thousand shares were issued as restricted stock compensation to executive directors, executive officers, executive fellows, non-executive directors, employees in senior management and officers of subsidiaries, among others. - FY2024-Q1AdvancedAnnual report
「The issuance of new shares as restricted stock compensation, with 20 April 2023 as the payment date, increased the total number of issued shares by 1 thousand and increased both stated capital and the capital reserve by ¥2 million.」
The company issued new shares as restricted stock compensation to 1 non-executive director and continued operating the stock compensation plan. - FY2023AdvancedAnnual report
「Directors' compensation consists of basic compensation (cash compensation), single-year performance compensation as performance-linked compensation (cash compensation), and long-term target contribution compensation as performance-linked compensation (non-cash compensation). Directors who do not concurrently serve as executive officers, including outside directors whose primary role is to supervise the execution of business, receive basic compensation and performance-unlinked stock compensation (RS).」
The company transitioned from the previous stock option-based compensation structure to a structure combining performance-linked stock compensation for executive directors with RS for non-executive directors. - FY2023-Q2AdvancedAnnual report
「The issuance of new shares as restricted stock compensation, with 26 August 2022 as the payment date, increased the total number of issued shares by 33 thousand and increased both stated capital and the capital reserve by ¥49 million.」
A total of 33 thousand shares were issued as restricted stock compensation to 53 employees in senior management, increasing stated capital and the capital reserve by ¥49 million each. - FY2023-Q1AdvancedAnnual report
「New shares were issued as restricted stock compensation, with 21 July 2022 as the payment date. As a result, the number of shares increased by 92,067, bringing the total number of issued shares to 361,977,900.」
Following a review of the previous compensation structure, new shares were issued as restricted stock compensation. Eligible recipients included executive directors, executive officers, non-executive directors and officers of subsidiaries. - FY2022ReframedAnnual report
「Directors who do not concurrently serve as executive officers, including outside directors whose primary role is to oversee business execution, receive basic compensation and performance-unlinked share compensation (RS) in order to share shareholder value in addition to overseeing business execution.」
The compensation structure was expanded to introduce restricted stock compensation for non-executive directors, including the chairperson and outside directors, in addition to performance-linked stock compensation for executive directors. - FY2022-Q2AdvancedAnnual report
「The share acquisition rights issued to the Company's employees, including senior management employees, and presidents of the Company's subsidiaries pursuant to Articles 236, 238 and 239 of the Companies Act and a resolution of the Annual General Meeting of Shareholders held on 22 June 2021 are as follows.」
The Company issued 960 share acquisition rights, relating to 96,000 shares, to 70 employees and 26 subsidiary presidents and others. The exercise period was set from 1 August 2023 to 20 June 2031. - FY2021ReframedAnnual report
「In addition, from fiscal 2021 onward, the Company will no longer issue new stock options to directors, including outside directors, or executive officers who do not concurrently serve as directors.」
The Company revised its compensation structure from one centered on stock options as non-monetary compensation to a system combining single-year performance compensation with performance-linked share compensation, which represents compensation for contributing to long-term targets. When performance targets are achieved, the indicative composition is 60% monthly compensation, 20% single-year performance compensation and 20% long-term target contribution compensation. - FY2021-Q2AdvancedAnnual report
「The share acquisition rights issued during the second quarter accounting period are as follows. / Eligible categories and number of recipients: Directors, 8 people / Number of share acquisition rights: 330 / Executive officers who do not concurrently serve as directors, 19 people; employees, 54 people; subsidiary presidents, 31 people / Number of share acquisition rights: 1,330」
Regarding the share acquisition rights approved on 31 July 2020 and issued on 17 August, 330 were granted to 8 directors and 1,330 to executive officers, senior management employees and subsidiary presidents. - FY2020AdvancedAnnual report
「Fixed compensation: monthly compensation, 65% / Performance-linked compensation (bonuses), 30% / Stock options, 5%」
The Company disclosed the composition of executive compensation as 65% fixed compensation, 30% performance-linked bonuses and 5% stock options, as well as an evaluation method using ordinary income, net income, dividend payout ratio and achievement of initiatives. - FY2020-Q2AdvancedAnnual report
「The share acquisition rights issued during the second quarter accounting period are as follows. / Eligible categories and number of recipients: Directors, 8 people / Number of share acquisition rights: 340」
Regarding the share acquisition rights approved on 31 July 2019 and issued on 15 August, 340 were granted to 8 directors and 1,250 to executive officers who do not concurrently serve as directors, senior management employees and subsidiary presidents. The Company specifically implemented compensation measures linked to performance and medium- to long-term corporate value. - FY2019AdvancedAnnual report
「During the current consolidated fiscal year, the Company paid bonuses equivalent to 1.6 months of monthly compensation because it had largely achieved the performance targets, dividend payout ratio and enhanced initiatives under its management plan, Rolling Plan 2018.」
For performance-linked compensation, the Company disclosed an evaluation based on ordinary income or loss, net income or loss, dividend payout ratio and achievement of initiatives, as well as bonus payments equivalent to 1.6 months of monthly compensation. - FY2019-Q2AdvancedAnnual report
「The share acquisition rights issued during the second quarter accounting period are as follows. / Eligible categories and number of recipients: Directors, 9 people / Number of share acquisition rights: 430 / Executive officers who do not concurrently serve as directors, 18 people; employees, 44 people; subsidiary presidents, 31 people / Number of share acquisition rights: 1,210」
Based on a resolution of the Board of Directors dated 31 July 2018, the Company issued 430 share acquisition rights to 9 directors and 1,210 to executive officers, senior management employees and subsidiary presidents, effective 15 August 2018. - FY2018-Q2AdvancedAnnual report
「The share acquisition rights issued to executive officers who do not concurrently serve as directors, GM-level employees and presidents of the Company's subsidiaries pursuant to Articles 236, 238 and 239 of the Companies Act and a resolution of the Annual General Meeting of Shareholders held on 27 June 2017 are as follows.」
The Company issued 420 share acquisition rights to directors and 1,150 to executive officers, GM-level employees and subsidiary presidents as of 31 July 2017, implementing stock options specifically for executives and senior management. - FY2016First statedAnnual report
「The Company has designed its executive compensation structure with reference to other companies in the same industry and companies of similar size in other industries, so that it can attract suitable talent, provide incentives to achieve performance targets, and align compensation with corporate value over the medium to long term.」
The Company's policy is to align compensation with short-term performance and medium- to long-term corporate value by combining monthly compensation, bonuses and stock options.