Ensuring Transparency in Executive Compensation through the Corporate Governance Committee
First written in FY2018. 6 of 10 entries say "Advanced", first in FY2022. Latest entry: 2026-08-14.
- 2026-08-14AdvancedShare Issuance and Disposal
「We hereby announce that the payment procedures have been completed today in connection with the disposal of treasury shares as restricted stock compensation, which was resolved at the Board of Directors meeting held on 27 July 2026, as follows.」
The company disclosed the disposal of 6,705 treasury shares as restricted stock compensation for directors, executive officers and subsidiary directors, and the completion of the payment procedures. - FY2026AdvancedAnnual report
「During the fiscal year, the company held 7 meetings of the Nomination, Compensation and Governance Committee」
The company held 7 meetings of the Nomination, Compensation and Governance Committee during the fiscal year to deliberate on the appointment of officers, the compensation system and governance matters. It also considered the compensation policy after the transition to a company with an Audit & Supervisory Committee. - FY2023-Q1AdvancedAnnual report
「At the 142nd Annual General Meeting of Shareholders held on 24 June 2022, approval was granted to introduce a restricted stock compensation plan for the company's directors other than outside directors, and the company disposed of treasury shares as restricted stock compensation on 10 August 2022.」
Regarding the restricted stock compensation plan, the company proceeded from approval at the general meeting of shareholders on 24 June 2022 to the disposal of treasury shares on 10 August. - FY2022AdvancedAnnual report
「The company introduced a restricted stock compensation plan for directors other than outside directors at the 142nd Annual General Meeting of Shareholders held on 24 June 2022, with the aim of enabling its directors, other than outside directors, to share with shareholders the benefits and risks of share price movements and further increasing their motivation to contribute to share price appreciation and the enhancement of corporate value.」
In addition to ensuring transparency in executive compensation, the company introduced a restricted stock compensation plan at the general meeting of shareholders held on 24 June 2022. - FY2021RestatedAnnual report
「Fixed compensation accounts for 65% of the standard compensation amount, while performance-based compensation accounts for 35%.」
The company reiterates the 65% fixed and 35% performance-based structure of executive compensation and details the procedures for reflecting the level of achievement of performance targets in performance-based compensation. - FY2020Detailing the Fixed and Performance-Based Components of Executive CompensationAnnual report
「The compensation consists of fixed compensation (monthly compensation) equivalent to 65% and performance-based compensation equivalent to 35%. The amount of compensation and other benefits is determined by the board of directors based on the policy for determining executive compensation, within the limits approved by the general meeting of shareholders.」
The company specified that executive compensation consists of 65% fixed compensation and 35% performance-based compensation, using operating revenue, profit and the level of achievement of the medium-term plan as performance metrics. - FY2019Detailing the Executive Compensation Structure and Performance-Based MetricsAnnual report
「Matters concerning policies for determining the amount of compensation and other benefits for directors and audit & supervisory board members, or the method of calculating such amounts」
The company provided specific details on its policy of structuring executive compensation as fixed and performance-based compensation, using the year-on-year change in ordinary income as the performance metric, and ensuring transparency through the Corporate Governance Committee. - FY2018First statedAnnual report
「In addition, matters concerning the appropriate approach to executive compensation and the appropriateness of its structure are deliberated by the Corporate Governance Committee, which consists of outside directors, outside audit & supervisory board members and representative directors, with an outside director serving as chair, thereby ensuring transparency and other objectives.」
The company describes a framework under which the appropriate approach to and structure of executive compensation are deliberated by the Corporate Governance Committee to ensure transparency.