Director Compensation Policy Consisting Solely of Fixed Compensation
First written in FY2022. 2 of 4 entries say "Reframed", first in FY2023. Latest entry: FY2025.
Sekichu moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
62 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The remuneration and other compensation of the company’s directors is based in principle on fixed remuneration, which is paid monthly.」
The company continues its policy of paying directors remuneration based in principle on fixed remuneration, on a monthly basis. - FY2024ReframedAnnual report
「The remuneration and other compensation of the company’s directors is based in principle on fixed remuneration, which is paid monthly.」
The wording has changed from the previous description of fixed remuneration only to a remuneration policy based “in principle” on fixed remuneration. - FY2023ReframedAnnual report
「The remuneration and other compensation of the company’s directors consists solely of fixed remuneration, which is paid monthly. However, no policy for determining remuneration and other compensation has been established for special bonuses. As business performance progressed smoothly during the fiscal year, the Board of Directors resolved to pay a special bonus, with the amount determined by taking into account the level of the bonus paid to employees.」
The company states that, while maintaining its basic policy of fixed remuneration only, it paid a special bonus based on a Board of Directors resolution because business performance progressed smoothly, even though the bonus was not included in its remuneration policy. - FY2022First statedAnnual report
「The remuneration and other compensation of the company’s directors consists solely of fixed remuneration, which is paid monthly.」
The company records for the first time its policy of paying directors fixed remuneration only, on a monthly basis.