Performance-linked Executive Compensation and Stock-based Compensation
First written in FY2017. 5 of 9 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-05-22.
- 2026-05-22AdvancedShare Issuance and Disposal
「Our stock-option compensation program is intended to further align compensation for directors with our performance and share value, and to raise their motivation and morale toward sustained improvement in performance and enhancement of corporate value over the medium to long term by sharing with shareholders not only the benefits of a rising share price but also the risks of a decline in the share price.」
Although the issuance of stock options as share-based compensation had been stated as canceled for FY2026, the company decided to issue the 20th series of stock acquisition rights, indicating that the program would again be implemented as a specific compensation measure. The original canonical thread remains unchanged. - FY2026SoftenedAnnual report
「27 March 2025: Consultation with the Nominating and Compensation Committee; cancellation of the issuance of stock-based stock options」
Although the performance-linked and stock-based compensation policy is described, the cancellation of the issuance of stock-based stock options was listed as an agenda item for the Board of Directors during the fiscal year. - FY2024ReframedAnnual report
「For standard business performance, the indicative allocation is approximately 53–62% for basic compensation, approximately 24–27% for performance-linked compensation, and approximately 10–21% for stock-based stock options.」
The company reaffirmed its performance-linked and stock-based compensation policy by setting specific indicative proportions of basic compensation, performance-linked compensation and stock options as a share of total compensation. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 December 2021, the company resolved to establish the Nominating and Compensation Committee as a voluntary advisory body.」
In addition to its existing policy on performance-linked and stock-based compensation, the company established the Nominating and Compensation Committee and advanced a framework under which the committee advises and makes recommendations on compensation policy and the process for determining individual compensation. - FY2020AdvancedAnnual report
「Performance-based compensation will account for approximately 30% of total cash compensation, comprising base compensation and performance-based compensation, with the weighting increased according to responsibility. The payment rate for performance-based compensation is set at 100% of the standard amount when the targets established at the beginning of the period are achieved, with a range of 0% to 200% based on the year's performance and individual evaluations.」
For performance-linked compensation, the company specified the percentage of total cash compensation, the payout rate when targets are achieved, and a variable range of 0–200%. - FY2019RestatedAnnual report
「The company's executive compensation is designed so that director compensation strongly motivates the execution of management strategy and is linked to business performance, with due consideration given to fairness and transparency.」
The company continues to follow a policy of designing director compensation based on the execution of management strategy, linkage to business performance, fairness and transparency. - FY2018AdvancedAnnual report
「10th Stock Option Plan; Eligible recipients and number: 4 directors of the company; Number of stock options by class of shares: 3,800 common shares; Grant date: 1 May 2017」
Under the 10th Stock Option Plan, 3,800 shares were granted to 4 directors, and options covering 3,000 shares were exercised during the fiscal year. - FY2018-Q1AdvancedAnnual report
「The stock acquisition rights issued during the first-quarter accounting period are as follows: Number of stock acquisition rights: 38; Number of shares underlying the stock acquisition rights: 3,800 shares」
In connection with performance-linked and stock-based compensation, the company issued 38 stock acquisition rights covering 3,800 shares during the first quarter. - FY2017First statedAnnual report
「Director compensation is designed to strongly motivate the execution of management strategy and to be linked to business performance, with due consideration given to fairness and transparency.」
The company's policy is to structure director compensation as basic compensation, performance-linked compensation and stock-based stock options, among other components, with compensation linked to business performance.