Directors' Compensation Policy Including Performance-Based Compensation and Stock Options
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「Performance-linked compensation and other compensation is paid in cash and reflects operating income, the performance indicator, to heighten awareness of improving performance in each fiscal year. It is paid as a bonus at a specified time when the Company achieves specified target levels, including the degree of achievement of its medium- to long-term plans and the Group's management status.」
The executive compensation policy, including performance-linked compensation reflecting operating income and the degree of achievement of medium- to long-term plans, and non-monetary compensation through stock options, has been reaffirmed. - FY2021First statedAnnual report
「Compensation for executive directors consists of base compensation as fixed compensation, performance-linked compensation and other compensation that varies according to the Company's performance, and non-monetary compensation and other compensation.」 Performance-linked compensation and other compensation is paid in cash and reflects operating income, the performance indicator, to heighten awareness of improving performance in each fiscal year. It is paid as a bonus at a specified time when the Company achieves specified target levels, including the degree of achievement of its medium- to long-term plans and the Group's management status.」 Non-monetary compensation and other compensation consists of stock options, which are adopted to promote initiatives aimed at enhancing corporate value over the medium to long term and further sharing value with shareholders」」
The Board of Directors adopted a policy for the individual compensation of directors on 25 March 2021, specifying a composition of fixed compensation, performance-linked compensation reflecting operating income, and non-monetary compensation through stock options.