Policy for Determining Executive Compensation Based on Duties, Performance, and Other Factors
First written in FY2021. 2 of 5 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company’s policy is to pay all directors other than directors who are Audit and Supervisory Committee members fixed cash compensation, representing 100% of compensation, as consideration for fulfilling their responsibilities, with the aim of encouraging these directors to enhance corporate value and enabling the company to achieve sustainable growth as a listed company.」
The company reiterated its policy of paying directors other than directors who are Audit and Supervisory Committee members 100% fixed cash compensation. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 May 2023, the company delegated to Nishimura Aki (西村 秋), its Representative Director and President, the authority to determine the specific details of the compensation amounts for directors other than directors who are Audit and Supervisory Committee members, with respect to basic compensation.」
The company disclosed a procedure under which the Board of Directors delegates the determination of basic compensation amounts to the Representative Director and President, with the full-time Audit and Supervisory Committee member confirming that the authority is exercised appropriately. - FY2023RestatedAnnual report
「The company’s policy is to pay all directors other than directors who are Audit and Supervisory Committee members fixed cash compensation, representing 100% of compensation.」
The company reiterated its policy of paying directors other than directors who are Audit and Supervisory Committee members 100% fixed cash compensation and determining individual compensation by taking into account duties, position and performance, among other factors. - FY2022ReframedAnnual report
「The company’s policy is to pay all directors other than directors who are Audit and Supervisory Committee members fixed cash compensation, representing 100% of compensation, as consideration for fulfilling their responsibilities, with the aim of encouraging these directors to enhance corporate value and enabling the company to achieve sustainable growth as a listed company.」
In addition to its existing policy of determining individual compensation by taking into account duties, position, performance and contribution, among other factors, the company explicitly stated its policy of paying directors other than directors who are Audit and Supervisory Committee members 100% fixed cash compensation. - FY2021First statedAnnual report
「Within the compensation limit approved by the General Meeting of Shareholders, individual compensation for each director is determined by taking into account the director’s duties, position, performance, contribution and management conditions, among other factors.」
The company disclosed its policy of determining individual compensation for directors other than directors who are Audit and Supervisory Committee members by taking into account their duties, position, performance, contribution and management conditions, among other factors.