Determination of Directors’ Compensation Based on Performance Indicators
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 4 of 32 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Individual compensation is determined within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets.」
The company continues its policy of determining director compensation within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets. - FY2024RestatedAnnual report
「Individual compensation is determined within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets.」
The company continues its policy of providing directors with fixed compensation while determining it within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets. - FY2023RestatedAnnual report
「Individual compensation is determined within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets.」
The company continues its policy of providing directors with fixed compensation while determining it within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets. - FY2021First statedAnnual report
「The compensation structure for the Company's directors is designed to serve as an incentive for the sustainable enhancement of corporate value, and individual compensation is set at an appropriate level based on each director's responsibilities. The Company's directors receive fixed compensation only. Individual compensation is determined within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets.」
For the first time, the company has disclosed a policy of providing directors with fixed compensation while determining individual compensation within a range of 80% to 120% of the base amount according to the degree of achievement of the previous fiscal year's sales and current fiscal year's net income targets.