Executive Compensation System Including Performance-Linked Compensation and Restricted Stock Compensation
First written in FY2021. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Performance-linked compensation is paid annually as cash compensation in an amount determined based on individual evaluations, the company's evaluation and performance. The performance indicators and targets used to evaluate individuals are set when the annual plan is formulated based on the medium-term management plan. Non-monetary compensation consists of restricted stock compensation.」
The executive compensation system is specified as annual performance-linked compensation based on individual and company performance, indicators linked to the annual plan, and restricted stock compensation subject to a 3-year transfer restriction period. - FY2025AdvancedAnnual report
「For the consolidated performance targets in the current fiscal year, we achieved the initial targets for revenue, operating profit and earnings per share.」
For the consolidated indicators used for performance-linked compensation, the company explains that revenue also achieved its initial target in the current fiscal year, in addition to operating profit and earnings per share, which were disclosed in the previous fiscal year. - FY2024AdvancedAnnual report
「For the consolidated performance targets in the current fiscal year, we achieved the initial targets for operating profit and earnings per share. Reflecting the performance of the company in charge and the achievement of individual targets, the Nomination and Compensation Committee deliberates and determines performance-linked compensation.」
The company describes the operation of its performance-linked executive compensation, reflecting the achievement of the initial targets for operating profit and earnings per share. - FY2023AdvancedAnnual report
「The indicators for performance-linked compensation are consolidated performance targets of revenue, operating profit and earnings per share, applied according to position and responsibilities, together with revenue and operating profit as performance targets for the company in charge, and the degree of achievement of key initiatives and other targets as individual performance indicators.」
The executive compensation system specifies consolidated, responsible-company and individual performance indicators, and states that the consolidated performance targets for operating profit and earnings per share were achieved in the current fiscal year. - FY2021First statedAnnual report
「Directors' compensation consists of basic compensation as fixed compensation, together with performance-linked compensation and stock compensation. Outside directors receive only basic compensation in view of their roles and independence.」
The company newly specifies its policy for determining individual directors' compensation, describing a combination of fixed compensation, performance-linked compensation and restricted stock compensation, while outside directors receive only basic compensation.