Executive compensation structure linked to enhancing corporate value and shareholder interests
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「(Reference: Breakdown of compensation for executive directors for the fiscal year ending March 2026) Executive directors ¥109,200 thousand ¥14,749 thousand ¥13,200 thousand Proportion (all compensation) 79.6% 10.8% 9.6% Proportion (excluding director bonuses) 88.1% 11.9% -」
For the compensation structure linked to shareholder interests, the Company disclosed actual results for the fiscal year ending March 2026 of 79.6% basic compensation, 10.8% restricted stock and 9.6% performance-linked compensation. Excluding director bonuses, the proportions were 88.1% basic compensation and 11.9% share-based compensation. - FY2024AdvancedAnnual report
「Accordingly, the guideline for the proportion of each type of compensation is 90% for basic compensation.」
For the compensation structure linked to shareholder interests, the Company indicated a structure with basic compensation as a guideline of 90% and disclosed actual results for the fiscal year ended March 2024 of 87.1% basic compensation, 12.9% restricted stock and 0% performance-linked compensation. - FY2021First statedAnnual report
「The basic policy is to structure compensation for the Company’s directors so that it is linked to shareholder interests and functions effectively as an incentive for the sustainable enhancement of corporate value, while ensuring that compensation for each director is set at an appropriate level in light of the director’s responsibilities. Specifically, compensation for executive directors comprises basic compensation as fixed compensation, performance-linked compensation and other forms of compensation, and share-based compensation. In light of their role in oversight, outside directors receive only basic compensation.」
The Board of Directors resolved the policy for individual director compensation and disclosed for the first time, as a standalone policy, the compensation structure linked to shareholder interests, the combination of fixed, performance-linked and share-based compensation, and the arrangement under which outside directors receive only basic compensation.