Enhancing Executives’ Motivation to Contribute to Performance Through Performance-Linked Compensation
First written in FY2019. 8 of 11 entries say "Advanced", first in FY2020. Latest entry: 2026-07-24.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
56 other companies' latest entry also says "Advanced".
- 2026-07-24AdvancedShare Issuance and Disposal
「With respect to the disposal of treasury shares as restricted stock resolved at the meeting of the Board of Directors held on 26 June 2026, we hereby announce that the payment procedures were completed today, as follows.」
Payment for the disposal of 10,300 treasury shares to 6 directors under the restricted stock compensation plan was completed. The canonical thread remains unchanged. - FY2026AdvancedAnnual report
「First quarter 108.3% 1.04 1.00–1.10; second quarter 91.6% 0.96 1.00–1.10; third quarter 86.7% 0.93 1.00–1.10; fourth quarter 104.4% 1.02 0.90–1.10」
For performance-linked compensation, the company disclosed the actual quarterly achievement rates against the ordinary profit budget, performance factors and bonus evaluation factors for the year. - FY2025AdvancedAnnual report
「First quarter 108.7% 1.04 1.00–1.10; second quarter 115.6% 1.08 1.00–1.10; third quarter 90.3% 0.95 1.00–1.10; fourth quarter 118.9% 1.09 1.00–1.10」
For performance-linked compensation, the company disclosed the actual quarterly achievement rates against the internal budget, performance factors and bonus evaluation factors for the year. It also disposed of 10,200 treasury shares as restricted stock compensation. - FY2025-H1AdvancedAnnual report
「Based on the disposal of treasury shares as restricted stock compensation resolved at a meeting of the Board of Directors held on 27 June 2024, the company disposed of 10,200 treasury shares on 26 July 2024.」
For the restricted stock compensation introduced in FY2024, the company disposed of 10,200 treasury shares on 26 July 2024. - FY2024ReframedAnnual report
「At a meeting of the Board of Directors held on 28 May 2024, the company also resolved, as part of a review of the directors' compensation system, to abolish the directors' retirement bonus system and introduce a restricted stock compensation system.」
While continuing performance-linked compensation, the company abolished the directors' retirement bonus system and reorganized its compensation structure around a restricted stock compensation system aimed at sustainably increasing corporate value and sharing value with shareholders. - FY2023AdvancedAnnual report
「First quarter 97.0% 0.99 1.00–1.10; second quarter 73.9% 0.87 1.00–1.10; third quarter 107.2% 1.04 1.00–1.10; fourth quarter 125.7% 1.13 1.00–1.10」
For performance-linked compensation, the company disclosed the actual quarterly achievement rates against the internal budget, performance factors and bonus evaluation factors. - FY2021AdvancedAnnual report
「First quarter 302.0% 1.20 1.00; second quarter 272.2% 1.20 1.00–1.10; third quarter 144.1% 1.20 1.00–1.10; fourth quarter 180.9% 1.20 1.00–1.10」
For performance-linked compensation, the company disclosed the quarterly achievement rates against the internal ordinary profit budget and the actual performance and bonus evaluation factors. - FY2020AdvancedAnnual report
「Quarterly bonus payment: fixed monthly compensation × 75% × performance factor (*1) × bonus evaluation factor (*2). *1. The performance factor is calculated within a range of 1.20 at the upper limit to 0.80 at the lower limit, based on the quarterly achievement rate against the budget for ordinary profit under management accounting. The quarterly budget achievement rates for the current consolidated fiscal year ranged from 6% to 127%.」
The company specifically discloses the mechanism for calculating quarterly bonuses based on the achievement rate against the ordinary profit budget, as well as the quarterly budget achievement rates of 6% to 127% for the year. - FY2019First statedAnnual report
「The basic policy for directors' compensation is to enhance performance linkage to encourage directors to contribute to the company's performance with the aim of continuously increasing corporate value, while ensuring that the compensation determination process is fair and highly objective.」
For directors' compensation, the company has presented in a consolidated format for the first time its basic policy of strengthening performance linkage and ensuring a fair, objective determination process. Quarterly bonuses for directors are calculated using a performance factor ranging from 0.80 to 1.20, based on the achievement rate against the budget for ordinary profit and other factors.