Performance-Linked Compensation and Long-Term Incentives Through the Directors’ Stock Ownership Plan
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Based on a resolution at the annual general meeting of shareholders held on 23 June 2021, the company has operated a restricted stock compensation plan since fiscal 2021.」
The company continues its restricted stock plan, which is intended to share corporate value and shareholder value over the medium to long term, and disposed of 27,600 treasury shares as restricted stock compensation during the current fiscal year. - FY2024RestatedAnnual report
「The metric used as the basis for calculation is the rate of achievement of the consolidated ordinary income target. Outside directors receive fixed compensation only, taking their roles into account.」
The company reconfirmed its policy of adopting performance-linked compensation based on the rate of achievement of the consolidated ordinary income target in addition to fixed compensation, while providing outside directors with fixed compensation only. - FY2023RestatedAnnual report
「Based on a resolution at the annual general meeting of shareholders held on 23 June 2021, the company introduced a restricted stock compensation plan from fiscal 2021. The plan is intended to provide the company's directors, excluding Audit and Supervisory Committee members and outside directors, with incentives to achieve sustainable growth in corporate value and shareholder value over the medium to long term, while promoting greater value sharing with shareholders.」
The company continues its restricted stock compensation plan as a means of providing performance-linked compensation and sharing shareholder value over the medium to long term. Total compensation is capped at ¥25 million per year and the number of shares at 50,000 per year. - FY2020RestatedAnnual report
「For directors other than Audit and Supervisory Committee members, the company calculates compensation by adding performance-linked compensation, equivalent to 3% of the increase in consolidated ordinary income, to fixed compensation. In addition, full-time directors, including directors of consolidated subsidiaries, contribute 12% of their monthly compensation to the directors' shareholding association to acquire the company's shares.」
The company reconfirmed its performance-linked compensation equal to 3% of the increase in consolidated ordinary income and the medium- to long-term incentive provided through contributions of 12% of monthly compensation to the directors' shareholding association. - FY2019First statedAnnual report
「For directors other than Audit and Supervisory Committee members, the company calculates compensation by adding performance-linked compensation, equivalent to 3% of the increase in consolidated ordinary income, to fixed compensation. In addition, full-time directors, including directors of consolidated subsidiaries, contribute 12% of their monthly compensation to the directors' shareholding association to acquire the company's shares. This provides directors with incentives linked to the company's medium- to long-term performance.」
The company disclosed for the first time performance-linked compensation tied to the increase in consolidated ordinary income and contributions to the directors' shareholding association using 12% of monthly compensation as medium- to long-term performance incentives.