Executive Compensation System with Performance-Based and Equity Compensation
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2025.
- FY2025ReframedAnnual report
「Directors ① Base compensation (55%) ② Bonuses (15%) ③ Share-based compensation (30%)」
The standard executive compensation mix changed from 68% base compensation, 17% bonuses and 15% share-based compensation to 55% base compensation, 15% bonuses and 30% share-based compensation, increasing the weighting of share-based compensation. - FY2024RestatedAnnual report
「Our executive compensation system comprises base compensation as fixed compensation, and bonuses and share-based compensation as performance-linked compensation. The standard compensation mix for directors is 68% base compensation, 17% bonuses, and 15% share-based compensation.」
The Company continues to describe an executive compensation system comprising base compensation, bonuses and share-based compensation, together with the standard compensation mix. - FY2024-Q1RestatedAnnual report
「The company introduced this incentive plan to improve corporate value by expanding employee benefit programs for employees of the company and its subsidiaries, fostering employees' sense of belonging and awareness of participating in management, and increasing their awareness of the importance of improving performance and raising the share price over the medium to long term.」
The company continues to describe the purpose and operation of its employee share incentive plan. - FY2023-Q3RestatedAnnual report
「The company introduced this incentive plan to improve corporate value by expanding employee benefit programs for employees of the company and its subsidiaries, fostering employees' sense of belonging and awareness of participating in management, and increasing their awareness of the importance of improving performance and raising the share price over the medium to long term.」
The company continues to describe the purpose and operation of its employee share incentive plan. - FY2020-Q2AdvancedAnnual report
「Regarding the disposal of treasury shares as restricted stock compensation, approved by the Company's Board of Directors at its meeting held on 18 July 2019, the payment procedures were completed on 6 August 2019.」
For restricted stock compensation, the disposal of 12,300 treasury shares to directors, executive officers and others and the related payment procedures were completed. - FY2019First statedAnnual report
「Our executive compensation system comprises base compensation as fixed compensation, and bonuses and share-based compensation as performance-linked compensation.」
The Company describes a compensation policy focused on the Medium-Term Management Plan, stable medium- to long-term growth, securing human capital, and transparency, fairness and objectivity. It also outlines performance-linked bonuses, restricted shares, and malus and clawback mechanisms.