Executive Compensation Policy Including Performance-Linked and Non-Cash Compensation
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The approximate proportions are 60% basic compensation, 20% performance-linked compensation and 20% non-monetary compensation.」
The policy on executive compensation consisting of fixed compensation, performance-linked compensation and restricted stock compensation, with approximate proportions of 60%, 20% and 20%, respectively, is reiterated. - FY2022RestatedAnnual report
「The proportions of each type of compensation are not specified because the amount of performance-linked compensation varies with performance. The approximate proportions are 60% basic compensation, 20% performance-linked compensation and 20% non-monetary compensation.」
The policy on executive compensation consisting of fixed compensation, performance-linked compensation and restricted stock compensation, with approximate proportions of 60%, 20% and 20%, respectively, is reiterated. - FY2021First statedAnnual report
「The compensation consists of the following basic compensation, performance-linked compensation and non-monetary compensation: monthly fixed compensation paid each month as basic compensation (cash compensation); bonuses paid each January as performance-linked compensation (cash compensation); and restricted stock compensation allocated each February as non-monetary compensation (advance-delivery type). The proportions are not specified because they vary depending on the amount of performance-linked compensation, which fluctuates with performance, but the approximate proportions are 60% basic compensation, 20% performance-linked compensation and 20% non-monetary compensation.」
The policy states that directors’ compensation consists of fixed compensation, performance-linked compensation and restricted stock compensation, with approximate proportions of 60%, 20% and 20%, respectively. Performance-linked compensation is capped in aggregate at 4.0% of net income attributable to owners of the parent.