Executive compensation policy centered on fixed compensation and retirement benefits
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Executive compensation consists of (1) fixed compensation and (2) retirement gratuities, and the company does not use performance-linked compensation. Fixed compensation is paid in cash at a fixed monthly amount, while retirement gratuities are accrued according to position and length of service in accordance with the company’s internal rules.」
The company reiterates its policy of basing executive compensation primarily on fixed compensation and retirement gratuities, without performance-linked compensation. - FY2023RestatedAnnual report
「Executive compensation consists of (1) fixed compensation and (2) retirement gratuities, and the company does not use performance-linked compensation. Fixed compensation is paid in cash at a fixed monthly amount, while retirement gratuities are accrued according to position and length of service in accordance with the company’s internal rules.」
The company reiterates its policy of basing executive compensation primarily on fixed compensation and retirement gratuities, without performance-linked compensation. - FY2021First statedAnnual report
「Executive compensation consists of (1) fixed compensation and (2) retirement gratuities, and the company does not use performance-linked compensation. Fixed compensation is paid in cash at a fixed monthly amount, while retirement gratuities are accrued according to position and length of service in accordance with the company’s internal rules.」
The company has explicitly stated its policy of structuring executive compensation as fixed compensation and retirement gratuities, without performance-linked compensation.