Design of Executive Compensation Using Base Compensation, Performance-Linked Compensation and Stock Options, and Compensation Committee Determinations
First written in FY2021. 8 of 11 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-06-25.
- 2026-06-25AdvancedShare Issuance and Disposal
「This is being conducted as restricted stock compensation for directors for FY2026, with the aim of enhancing directors’ motivation to contribute to medium- and long-term business performance and corporate value and promoting greater value sharing with shareholders through long-term share ownership.」
For restricted stock compensation for directors, the company disclosed the specific implementation for FY2026: disposing of 82,800 shares for 5 directors excluding outside directors. The canonical thread remains unchanged, and this is recorded as progress in operating the plan. - FY2026AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 26 June 2025, the company disposed of 216,700 treasury shares as restricted-share compensation for directors.」
Following the discontinuation of stock options, the company disposed of 216,700 shares to directors as restricted-share compensation. It also granted 143,200 shares to employees. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 26 June 2025, the company disposed of 216,700 treasury shares as restricted-share compensation for directors.」
The company implemented a long-term incentive compensation program using restricted shares and disposed of 216,700 treasury shares to directors. - FY2025AdvancedAnnual report
「Employees of the company and its wholly owned subsidiaries: 111 Common shares 156,400 shares Grant date 7 March 2025」
The company granted 156,400 shares in restricted-share compensation to 111 employees. Together with the disposal of 132,900 shares to directors, it continued and expanded the program following the transition from stock options to restricted-share compensation. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 20 June 2024, the company disposed of 132,900 treasury shares as restricted-share compensation for directors.」
The company implemented a long-term incentive compensation program using restricted shares and disposed of 132,900 treasury shares to directors. - FY2024AdvancedAnnual report
「Employees of the company and its wholly owned subsidiaries: 105 Common shares 188,000 shares Grant date 28 February 2024」
The company extended its restricted-share compensation program to employees, granting 188,000 shares to 105 employees of the company and its wholly owned subsidiaries. This marked concrete progress in operating the program following the disposal of 114,500 shares to directors. - FY2024-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 14 July 2023, the company disposed of 114,500 treasury shares as restricted-share compensation for directors.」
The company implemented a long-term incentive compensation program using restricted shares and disposed of 114,500 treasury shares to directors. - FY2023ReframedAnnual report
「Specifically, directors' compensation comprises 3 components: fixed "base compensation," "performance-linked compensation," for which the amount paid varies according to company performance and other factors, and "restricted shares" as long-term incentive compensation.」
The company changed its compensation design from the previous structure of base compensation, performance-linked compensation and stock options to a structure using restricted shares as long-term incentive compensation. - FY2021First statedAnnual report
「Our policy is to grant directors reasonable compensation in light of their past experience, market levels and contributions. Specifically, directors' compensation comprises 3 components: fixed "base compensation," "performance-linked compensation," for which the amount paid varies according to company performance and other factors, and "stock options" as non-monetary compensation.」
On 18 February 2021, the company established a policy for individual director compensation and disclosed a framework comprising 3 components—base compensation, performance-linked compensation and stock options—with individual compensation determined through deliberation by the compensation committee.