Performance-Linked Executive Compensation and Treasury Share Grants
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2021. Latest entry: 2026-06-25.
- 2026-06-25AdvancedShare Issuance and Disposal
「At a meeting of the Board of Directors held today, we resolved to allot 44,500 shares of common stock as specific restricted shares to 9 eligible directors, 4 executive officers who do not concurrently serve as directors of the company, and 21 directors of a subsidiary, for a total of 34 allotment recipients, by having the recipients contribute in kind the full amount of monetary compensation claims totaling ¥130,229,250 granted to them as restricted stock compensation for the applicable periods.」
The company resolved to allot 44,500 common shares through an in-kind contribution of monetary compensation claims totaling ¥130,229,250 to directors, executive officers and subsidiary directors under the restricted stock compensation plan. - FY2026AdvancedAnnual report
「The policy for determining executive bonuses sets the total amount based on individual net income and determines the amount paid to each director based on the individual evaluation of the division in charge. The actual result for this metric was ¥16,047 million.」
It disclosed the implementation of performance-linked compensation using individual net income as the metric. Performance-linked compensation was ¥820 million and restricted stock compensation was ¥69 million for the current period. - FY2024AdvancedAnnual report
「Executive bonuses are performance-linked compensation, with individual net income as the primary performance metric. …Share-based compensation related to restricted shares is provided to each director based on factors including the director's position, with the aim of providing incentives to enhance corporate value over the long term.」
The Company implemented ¥418 million in performance-linked compensation and ¥30 million in restricted stock compensation, with the Compensation Committee deliberating and determining individual compensation. - FY2023AdvancedAnnual report
「Executive bonuses are performance-linked compensation, with individual net income as the primary performance metric. …Non-monetary compensation related to restricted shares (monetary compensation receivables) is provided to each director based on factors including the director's position, with the aim of providing incentives to enhance corporate value over the long term.」
It disclosed the implementation of performance-linked executive bonuses and restricted stock compensation, recording ¥222 million in performance-linked compensation and ¥19 million in restricted stock compensation during the current period. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company reviewed its executive compensation system and resolved to introduce a restricted stock compensation plan (the “Plan”), which was approved at the Company's 43rd Annual General Meeting of Shareholders held on 28 June 2022.」
In addition to disclosing the provision of treasury shares intended to provide performance-linked compensation and enhance corporate value over the long term, the Company resolved and obtained approval to introduce a restricted stock compensation plan. The annual limit was 260,000 shares, and the annual limit for compensation receivables was ¥200 million. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 February 2021, the Company resolved its policy for determining the details of individual compensation and other benefits for directors.」
The Board of Directors newly resolved a policy for determining individual director compensation and disclosed the composition of compensation, comprising base compensation, individual evaluations and performance-linked compensation using individual net income. - FY2020RestatedAnnual report
「Executive bonuses are performance-linked compensation, with individual net income as the primary performance metric.」
It continues to disclose its policy of performance-linked executive bonuses based on individual net income and enhancing corporate value over the long term through the provision of treasury shares. - FY2019First statedAnnual report
「Executive bonuses are performance-linked compensation, with individual net income as the primary performance metric. In addition, to contribute to the long-term enhancement of corporate value, the Company provides treasury shares to each executive based on factors including the executive's position.」
It newly disclosed performance-linked executive bonuses using individual net income and the provision of treasury shares intended to enhance corporate value over the long term.