Performance-Linked Compensation and Medium- to Long-Term Incentives Through Restricted Stock
First written in FY2022. 8 of 10 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
- FY2026-H1AdvancedAnnual report
「On 19 May 2026, we issued 20,930 new shares through an in-kind contribution of monetary compensation receivables of ¥25,995 thousand as restricted stock compensation.」
The Group actually issued 20,930 shares as restricted stock compensation on 19 May 2026. - 2026-05-08AdvancedEarnings
「At a meeting of the Board of Directors held on 20 April 2026, the Company resolved to issue new shares as described below.」
The Company disclosed a resolution to issue 20,930 new shares under a restricted stock compensation plan for the Chair of the Board, Executive Directors and Executive Officers who do not concurrently serve as Directors. - FY2025AdvancedAnnual report
「For short-term variable compensation, a performance factor is determined according to the degree of achievement against targets for orders received, net sales, operating profit and profit for the year. The variable compensation amount is calculated by multiplying the standard amount for each position and title by the performance factor, which ranges from 0% to 300%.」
The Group disclosed specific details of the compensation system combining achievement of financial metrics with restricted stock, including the performance-factor range and share grants for the fiscal year. - FY2025-H1AdvancedAnnual report
「On 16 May 2025, we issued 24,547 new shares through an in-kind contribution of monetary compensation receivables of ¥23,442 thousand as restricted stock compensation.」
The Group actually issued 24,547 shares under the restricted stock compensation plan on 16 May 2025. - FY2024-H1AdvancedAnnual report
「Of the shares issued, 21,222 were issued as restricted stock compensation through an in-kind contribution of monetary compensation receivables of ¥30,984 thousand, as resolved at the board meeting held on 15 April 2024.」
The Group actually issued 21,222 shares on 14 May 2024 under the restricted stock compensation plan previously disclosed. - FY2024-Q1AdvancedAnnual report
「At a board meeting held on 15 April 2024, we resolved to issue new shares as described below.」
The Group disclosed a resolution to issue 21,222 common shares under restricted stock compensation, with payment scheduled for 14 May 2024. - FY2023RestatedAnnual report
「Net sales, orders received and operating profit, which are important management metrics, are used as metrics for performance-linked compensation and performance-linked bonuses, and annual payment amounts are determined based on the achievement of their targets.」
The Group continues to combine cash compensation linked to achievement of key metrics with medium- and long-term incentives through restricted stock. - FY2023-Q2AdvancedAnnual report
「Of the shares issued, 19,053 were issued as restricted stock compensation through an in-kind contribution of monetary compensation receivables of ¥32,485 thousand.」
The Group actually issued 19,053 shares under the restricted stock compensation plan resolved in the previous quarter. - FY2023-Q1AdvancedAnnual report
「We resolved to introduce a restricted stock compensation plan as a new compensation plan for eligible directors and others.」
The Group resolved to introduce restricted stock compensation to promote sustainable growth in corporate value and share value with shareholders, and disclosed a plan to issue 19,053 shares on 17 May 2023. - FY2022First statedAnnual report
「To achieve sustainable growth, we will adopt a compensation structure that reflects not only short-term but also medium- and long-term performance.」
The compensation policy combines short-term variable compensation linked to achievement of targets such as net sales, orders received and operating profit with restricted stock.