Policy for Determining Executive Compensation
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The amount of compensation and other remuneration for directors is determined based on the executive compensation regulations established as the policy for determining compensation. The regulations were approved by resolution of the board meeting held on 19 April 2023 and took effect on 26 May 2023. Within the compensation limits approved by resolution of the general meeting of shareholders, Representative Director and President Abiko Tadashi (安孫子 正), acting under delegated authority, determines monthly compensation according to each director’s role and responsibilities, taking into account prevailing market levels and the company’s performance.」
The company reconfirmed the executive compensation regulations, the compensation limits and the method by which the Representative Director and President determines compensation based on prevailing market levels and the company’s performance. - 2026-05-01RestatedGeneral Meetings of Shareholders
「The amount of directors' remuneration is determined by the representative director based on monthly remuneration appropriate to each director's role and responsibilities, taking into account prevailing market levels and the company's performance, within the remuneration limits approved by resolution of the general meeting of shareholders and in accordance with the executive remuneration rules established as the policy for determining remuneration.」
The company has reconfirmed the executive remuneration rules, the remuneration limits and the method of determination by the representative director. - FY2025RestatedAnnual report
「The amount of compensation and other remuneration for directors is determined based on the executive compensation regulations established as the policy for determining compensation. The regulations were approved by resolution of the board meeting held on 19 April 2023 and took effect on 26 May 2023. Within the compensation limits approved by resolution of the general meeting of shareholders, Representative Director and President Abiko Tadashi (安孫子 正), acting under delegated authority, determines monthly compensation according to each director’s role and responsibilities, taking into account prevailing market levels and the company’s performance.」
The company reconfirmed the executive compensation regulations, the compensation limits and the method by which the Representative Director and President determines compensation based on prevailing market levels and the company’s performance. - FY2024AdvancedAnnual report
「The amount of compensation and other remuneration for directors is determined based on the executive compensation regulations established as the policy for determining compensation. The regulations were approved by resolution of the board meeting held on 19 April 2023 and took effect on 26 May 2023. Within the compensation limits approved by resolution of the general meeting of shareholders, Representative Director and President Abiko Tadashi (安孫子 正), acting under delegated authority, determines monthly compensation according to each director’s role and responsibilities, taking into account prevailing market levels and the company’s performance.」
The company provides details beyond its previous disclosure of the board’s policy and delegation to the Representative Director, including the dates on which the executive compensation regulations were established and took effect, the factors considered and the method for determining monthly compensation. - FY2023Specifics of the compensation determination policyAnnual report
「The amount of compensation and other remuneration for directors is determined within the compensation limits approved by resolution of the general meeting of shareholders. The board of directors has established a policy for determining executive compensation (the policy for director compensation was deliberated and approved at the board meeting held on 22 February 2021). Pursuant to a resolution of the board meeting held on 26 May 2022, Representative Director and President Abiko Tadashi (安孫子 正) was delegated authority to determine the individual compensation amounts for each director based on their respective roles and responsibilities.」
In addition to disclosing the previous method for determining compensation, the company provides details of the board of directors’ approval of the compensation policy and the delegation of authority to determine individual compensation to the Representative Director and President. - FY2019First statedAnnual report
「The amount of compensation and other remuneration for directors is determined within the compensation limits approved by resolution of the general meeting of shareholders, taking into account factors including position, years in office and financial condition. The amount of compensation and other remuneration for audit & supervisory board members is determined through consultation among the audit & supervisory board members, within the compensation limits approved by resolution of the general meeting of shareholders.」
The company discloses that compensation for directors and audit & supervisory board members is determined within the limits approved at the general meeting of shareholders, taking into account factors including position, years in office and financial condition.