Determination of Executive Compensation Based on Performance and Individual Contribution
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 2 of 15 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Compensation is determined after considering the company’s overall performance, each individual’s contribution to that performance, and the level of compensation required to secure talented personnel based on director compensation data from other companies, within the limits for director and auditor compensation approved at the general meeting of shareholders.」
The company continues its executive compensation policy of considering company performance, individual contributions, data from other companies, and the level required to secure personnel. - FY2021RestatedAnnual report
「The person authorized to determine the amount of compensation for the company’s directors or the policy concerning the method of calculating it is the representative director delegated authority by the Board of Directors. Within the total compensation approved by resolution of the general meeting of shareholders, the representative director is authorized to make determinations after comprehensively considering the duties in charge, performance in each fiscal year, individual contributions and other factors.」
In addition to the executive compensation policy based on performance and individual contributions, the company explicitly states that the Board of Directors has delegated decision-making authority to the representative director and that the Board of Directors has oversight procedures. - FY2020RestatedAnnual report
「Compensation is determined after considering the company’s overall performance, each individual’s contribution to that performance, and the level of compensation required to secure talented personnel based on director compensation data from other companies, within the limits for director and auditor compensation approved at the general meeting of shareholders.」
The company has reaffirmed its executive compensation policy of considering company performance, individual contributions, data from other companies, and the level required to secure personnel. - FY2019RestatedAnnual report
「Compensation is determined after considering the company’s overall performance, each individual’s contribution to that performance, and the level of compensation required to secure talented personnel based on director compensation data from other companies, within the limits for director and auditor compensation approved at the general meeting of shareholders.」
The company has reaffirmed its executive compensation policy of considering company performance, individual contributions, data from other companies, and the level required to secure personnel. It also states that compensation consists solely of basic compensation. - FY2018First statedAnnual report
「Compensation is determined after considering the company’s overall performance, each individual’s contribution to that performance, and the level of compensation required to secure talented personnel based on director compensation data from other companies, within the limits for director and auditor compensation approved at the general meeting of shareholders.」
The company has stated for the first time a policy of determining executive compensation by considering company performance, individual contributions, compensation data from other companies, and the level required to secure personnel.