Introduction of a Director Compensation System Including Restricted Stock Compensation
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2021. Latest entry: 2026-07-17.
- FY2026AdvancedAnnual report
「Based on the above Basic Compensation Policy, director compensation consists of a. base compensation, b. performance-linked compensation, c. performance-independent stock compensation, and d. medium- to long-term incentive stock compensation.」
The restricted stock compensation system was specified as annual performance-linked compensation, performance-independent stock compensation, and medium- to long-term incentive stock compensation linked to the level of achievement of the targets in the medium-term management plan. - FY2021AdvancedAnnual report
「Specifically, the number of common shares is capped at 90,000 per year, and the compensation paid for the grant of restricted stock takes the form of monetary compensation claims.」
The restricted stock compensation system was given concrete operating parameters, including an annual grant limit of 90,000 shares, the restriction period, and treatment upon retirement. - FY2019First statedAnnual report
「Following the 92nd Annual General Meeting of Shareholders held on 27 June 2019, director compensation consists of base compensation, performance-linked compensation, and stock compensation. Stock compensation is variable stock compensation and, as a long-term incentive linked to the share price, restricted stock is granted annually to motivate improvements in medium- to long-term shareholder value and to share value with shareholders.」
The filing presents for the first time, together with the resolution of the Annual General Meeting of Shareholders held on 27 June 2019, a system comprising fixed compensation, performance-linked compensation, and stock compensation, with restricted stock granted annually.