ビンゴ 5 予想

Directors' ビンゴ 5 予想 Policy/System

Policy for determining directors' ビンゴ 5 予想

Company Policy for Decisions on the contents of individual ビンゴ 5 予想 for directors[96KB]

ビンゴ 5 予想 Advisory Committee

MOL follows objective, transparent procedures to determine the individual ビンゴ 5 予想 of directors, according to resolutions by the Board of Directors based on deliberation/report of the ビンゴ 5 予想 Advisory Committee chaired by an outside director. In addition, the committee reviews the directors' and executive officers' ビンゴ 5 予想 system appropriately to examine the ideal form for directors' ビンゴ 5 予想, including incentives for long-term enhancement of corporate value, from an objective standpoint focusing on "stakeholders' viewpoint."

Overview of the ビンゴ 5 予想 Advisory Committee (Fiscal 2024)
  • Percentage of outside directors: 66%
  • Review frequency: 5 times/year
  • Chairman: Outside Director Etsuko Katsu
  • Members: Chairman Junichiro Ikeda
    President & CEO Takeshi Hashimoto
    Outside Director Masaru Onishi
    Outside Director Atsushi Toyonaga
    Outside Director Yumi Yamaguchi
Main Agenda Items in Fiscal 2024
  • Revision of the executive ビンゴ 5 予想 system (increase of ビンゴ 5 予想 levels and stock based compensation ratio, and strengthening of governance in the ビンゴ 5 予想 system);
  • Single fiscal year performance-based compensation and long-term target contribution-based compensation for directors (evaluation of past fiscal year performance);
  • Peer group review to ensure the appropriateness of ビンゴ 5 予想 levels; and other matters

ビンゴ 5 予想 for executive directors

Overall structure

Based on the report of the ビンゴ 5 予想 Advisory Committee, the Board of Directors meeting on March 28, 2025 approved to revise the ビンゴ 5 予想 plan for Directors and Executive Officers. Proposals concerning some of the revisions were approved at the FY2024 Annual General Meeting of Shareholders held in late June 2025. Application of the ビンゴ 5 予想 plan in accordance with the revisions shall start from ビンゴ 5 予想 for FY2025.

  • Increase in levels of ビンゴ 5 予想 (For the CEO, the total annual ビンゴ 5 予想 is designed to exceed 200 million yen when the company's consolidated profit before tax reaches 200 billion.)
  • Expansion of ratio of stock ビンゴ 5 予想
  • Introduction of clawback provisions

The revisions are being made for the purpose of changing the method of evaluation so that the level of ビンゴ 5 予想 is commensurate with results achieved in light of the management plan "BLUE ACTION 2035" and expanding the ratio of stock ビンゴ 5 予想. Through these revisions, the Company intends to achieve a ビンゴ 5 予想 level that will also motivate employees to seek executive positions and to further encourage its officers to demonstrate a healthy entrepreneurial spirit, further share value with shareholders, and execute their duties in keeping with the Group's values and code of conduct "MOL CHARTS."

MOL also intends to further optimize corporate governance through officers' ビンゴ 5 予想 by adopting clawback provisions. MOL believes that achieving a globally competitive ビンゴ 5 予想 level and strengthening governance within the ビンゴ 5 予想 plan will contribute to the further enhancement of our company's long-term corporate value.

After the revisions, the ratio of fixed ビンゴ 5 予想 to variable ビンゴ 5 予想 will change from 60:40 to 44:56, and the ratio of cash ビンゴ 5 予想 to stock ビンゴ 5 予想 will change from 80:20 to 65:35. Furthermore, in addition to existing indicators for single fiscal year performance-based ビンゴ 5 予想, MOL will adjust the ビンゴ 5 予想 based on the achievement level of the dividend payout ratio against the announced level in the management plan.

For Non-Executive Directors, in the same manner as Executive Officers, MOL shall increase the levels of ビンゴ 5 予想 for monthly ビンゴ 5 予想 and stock ビンゴ 5 予想 not linked to performance.

Target remunneration composition (model ビンゴ 5 予想 at achievement of performance targets)
Example of Executive Directors' ビンゴ 5 予想 per achievement level (Note 3)
  • (Note 1) On the premise of achievement of ¥100.0 billion in consolidated ordinary profit, which is the premise at the time of design of Company's executive ビンゴ 5 予想 system.
  • (Note 2) On the premise of achievement of ¥200.0 billion in consolidated profit before tax.
  • (Note 3) The above ratios and figures are calculated based on tentative business results and unit price for the Company's shares, and are for illustrative purposes only. The above ratios will vary according to factors such as changes in actual business results and the stock price of our shares.
ビンゴ 5 予想 classification Weight Period Time of payment Outline/Calculation method
Fixed
ビンゴ 5 予想		 Monthly ビンゴ 5 予想 (Cash) 37% 1 month Next month Monthly ビンゴ 5 予想 is paid as fixed ビンゴ 5 予想 based on responsibilities to encourage robust business execution.
Position-based stock (Stock) 7% 1 year At the time
of retirement		 Position-based stock is paid for providing an incentive to seek sustainable improvement in MOL's corporate value and further promoting the sharing of value with shareholders.
Variable
ビンゴ 5 予想		 Single Fiscal Year Performance-Linked ビンゴ 5 予想 (Cash/Stock) 28% 1 year June of next year

Single fiscal year performance-based ビンゴ 5 予想 (cash) is paid as variable ビンゴ 5 予想 reflecting short-term performance.

  • Consolidated profit before tax*1
  • Achievement level of the dividend payout ratio
  • [Environment] GHG emissions intensity reduction rate*1
  • [Safety] 4 Zeros and Safety Operations KPI*1 *2
  • [Human capital] Head Office land-based employees: Percentage of female manager/MGKP*3 incumbency rate*1
  • [Digital Transformation (DX)] Conversion rate to value-creating and safety operations*1
  • Achievement level for profit plan of the business division the director is in charge of
  • *1 From the perspective of motivating the achievement of "BLUE ACTION 2035," consolidated profit before tax is linked to both financial and non-financial indicators set forth in the plan.
  • *2 KPI and Benchmarks are set to further foster safety awareness at MOL. For details on the index, please refer to "Safe Operation Management Structure".
  • *3 MGKP stands for "MOL Group Key Positions" and refers to posts designated as Head Office general managers, regardless of group or global position.

MOL will also introduce a mechanism for increasing the rate of payment associated with single fiscal year performance-based ビンゴ 5 予想 for the CEO when certain performance conditions set based on “BLUE ACTION 2035” are met, to increase the incentive to achieve management plan commitments in single-year financial results. *4

*4 refer to the "Schematic of single fiscal year performance-based ビンゴ 5 予想(CEO)" shown in the margin.

When the amount of ビンゴ 5 予想 calculated as single fiscal year performance-based ビンゴ 5 予想 exceeds a certain threshold specified by MOL's Board of Directors, MOL shall grant this portion in stock instead of cash. (Single Fiscal Year Performance-based ビンゴ 5 予想 Stock-granting Plan)
The purpose of the Single Fiscal Year Performance-based ビンゴ 5 予想 Stock-granting Plan is to maintain desirable ratios of cash ビンゴ 5 予想 and stock ビンゴ 5 予想 within total ビンゴ 5 予想 of Executives even when the business performance is strong and the amount of single fiscal year performance-based ビンゴ 5 予想 increases, thereby adequately providing an incentive to seek sustainable improvement in MOL's corporate value.
Long-Term Target Contribution-Based ビンゴ 5 予想 (Stock) 28% As shown in the chart below As shown in the chart below Performance-based ビンゴ 5 予想 (stock) system is adopted with the objectives of linking mid-to-long-term stock prices and business performance, and further share value with shareholders through increased shares held by directors (excl. outside directors) and executive officers.
In this system, the ビンゴ 5 予想 is paid by share according to achievement level of a predetermined stock price index and performance index/target in a certain evaluation period of time. In addition, part of the ビンゴ 5 予想 is paid in cash with the objective of providing funds needed to pay taxes.
*4 Schematic of single fiscal year performance-based ビンゴ 5 予想 (CEO)

Evaluation Indicators for Long-term Target Contribution-based ビンゴ 5 予想

Long-term target contribution-based ビンゴ 5 予想 (performance-based ビンゴ 5 予想 (stock))
Indicators Weight Period Payment time Reason for choosing this indicator and details of evaluation
(a) Comparison of the Company's Total Shareholder Return (TSR) and growth rate of Tokyo Stock Price Index
(b) Comparison of the Company's TSR growth rate to competitors' TSR growth rates		 30% 3 years At the time of retirement Incentive to increase share price
ROE 40% 1 year At the time of retirement Incentive to improve profit attributable to owners of parent and increase efficiency of shareholders' equity
Individual medium- to long-term contribution targets 30% 1 year At the time of retirement
  • Promote initiatives in the current fiscal year that will show results in future years, in order to enhance corporate value
  • The evaluation of the Chief Executive Officer and other executive directors of the Board reflects the progress of climate change measures and other ESG-related initiatives.

ビンゴ 5 予想 for non-executive directors

ビンゴ 5 予想 for non-executive directors, including outside directors, consists of basic compensation (monetary compensation) and stock compensation (restricted stock) not linked to performance (both fixed compensation), in order to implement shared shareholder value in addition to supervising business execution.
This ビンゴ 5 予想 system was newly introduced from fiscal year 2022, with a change to a structure in which 10% of the existing fixed monetary compensation amount of 100% is replaced by restricted stock (approximate).

(*) The above chart is a guide to the compensation ratio based on the assumption of a certain unit price of the company's shares.

ビンゴ 5 予想 for Audit & Supervisory Board Members

ビンゴ 5 予想 for Audit & Supervisory Board members is determined based on discussions between the members within the limits approved at the General Meeting of Shareholders, with consideration given to whether or not an Audit & Supervisory Board member serves in a full-time capacity, the amount of auditing work assigned, and the levels of director ビンゴ 5 予想. Bonuses and stock options are not provided to Audit & Supervisory Board members.

ビンゴ 5 予想 Performance

For details of executive ビンゴ 5 予想, please refer to "Sustainability Data".