Director Incentives Through Performance-Linked Compensation
First written in FY2017. 4 of 7 entries say "Advanced", first in FY2021. Latest entry: 2026-06-25.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- 2026-06-25AdvancedShare Issuance and Disposal
「At our 53rd Annual General Meeting of Shareholders held on 25 June 2026, shareholders approved, among other matters, limiting the total number of shares of our common stock issued or disposed of to our directors under the Plan to 75,000 shares per year, including 15,000 shares for outside directors and 15,000 shares for directors serving as Audit and Supervisory Committee members. The amount was approved at no more than ¥30 million per year within the existing monetary compensation limit, including no more than ¥6 million for outside directors, and at no more than ¥6 million per year within the existing monetary compensation limit for directors serving as Audit and Supervisory Committee members.」
The framework for restricted stock compensation as an incentive for directors was approved at the General Meeting of Shareholders and progressed to the actual disposal of shares. - FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 May 2026, the company reviewed its executive compensation system, resolved to introduce a restricted stock compensation plan (the “Plan”) and abolish its executive retirement benefit plan, and decided to submit these matters to this General Meeting of Shareholders.」
In addition to performance-linked compensation based on sales and operating profit, the company submitted to the General Meeting of Shareholders proposals to introduce a restricted stock compensation plan and abolish the executive retirement benefit plan. - FY2025AdvancedAnnual report
「Consideration of introducing a share-based compensation plan for directors」
In addition to the existing fixed and performance-linked compensation, the Nomination and Compensation Advisory Committee considered introducing a share-based compensation plan for directors. - FY2023RestatedAnnual report
「Performance-linked compensation (bonuses) is determined comprehensively after taking into account economic conditions, employee wage levels and other factors, and evaluating performance achievement based on the sales and operating profit set out in the business plan.」
The company restated its policy of using achievement against the business plan’s sales and operating profit targets as the evaluation criteria for directors’ performance-linked compensation. - FY2021AdvancedAnnual report
「Performance-linked compensation (bonuses) is determined comprehensively after taking into account economic conditions, employee wage levels and other factors, and evaluating performance achievement based on the sales and operating profit set out in the business plan.」
The company specified a policy of using achievement against sales and operating profit targets as the evaluation criteria for determining performance-linked compensation. - FY2018RestatedAnnual report
「Directors’ compensation consists of fixed compensation and performance-linked compensation. By linking a certain proportion of compensation to business performance, the system will function as an incentive for sustainable growth.」
The company restated its policy of linking part of directors’ compensation to business performance. - FY2017First statedAnnual report
「Directors’ compensation consists of fixed compensation and performance-linked compensation. By linking a certain proportion of compensation to business performance, the system will function as an incentive for sustainable growth.」
The company stated a policy of linking part of directors’ compensation to business performance as an incentive for sustainable growth.