Non-Financial KPI
Materiality (important themes) |
Non-Financial Key Performance Indicators | Target values | ||
---|---|---|---|---|
Growth | Decarbonization and effective use of resources | Environmental burden reduction indicators | CO2emissions | Long-term target: Net zero in FY2050 Medium-term target: 46% reduction from FY2018 level by FY2030 Short-term target: 5% reduction on a year-over-year basis every fiscal year |
Renewable energy introduction rate | Long-term target: 100% in FY2050 Medium-term target: 50% in FY2030 |
|||
Water withdrawal rate (water intake/operating revenue) | Decrease from the previous fiscal year | |||
Ratio of company-owned land to areas for environmental conservation | 30% (27 million㎡) of total company-owned land by FY2030※1 | |||
Asset and brand value enhancement indicators | Environmental certification acquisition rate | 100%※2 | ||
Basic unit of food waste (amount of waste/number of guests) | Decrease from the previous fiscal year | |||
Building towns people want to live in or visit | Monitoring indicators: Number of visitors to tourist destinations (Chichibu-shi, Kawagoe-shi, Hanno-shi, Karuizawa-machi) | ー | ||
Monitoring Indicators: Population of 28 municipalities along Seibu Railway | ー | |||
Creation of experience that stimulates the five senses | Number of SEIBU PRINCE CLUB members | 2.6 million people by FY2026 | ||
Overall stay score | FY2024 8.3pt※3 | |||
Number of visitors to the baseball stadium | Increase from the previous year | |||
Number of visitors to public-private partnership parks | up 1% from the previous year | |||
Monitoring indicators: Number of facilities awarded the Forbes Travel Guide 5 Star | ー | |||
Strengthen foundation | Provision of safe and secure services | Liable accidents, incidents, railway operation accidents | None each year (railway) | |
Fatal accidents, serious injuries to persons outside and inside vehicles | None each year (bus) | |||
Food poisoning incidents | None each year | |||
Number of serious liable accidents related to the maintenance and management of real estate facilities※4 | None each year | |||
Development and advancement of diverse human capital | Human capital for strengthening Seibu Group | Leaders of digital transformation (Seibu Holdings, head office divisions of major companies) | 300 in FY2026 | |
Human capital for strengthening 4 major companies of Seibu Group ※5 | Human capital for corporate planning (Seibu Holdings) | 40 in FY2033 | ||
Human capital for railway operation planning (Seibu Railway) | 20 in FY2026 | |||
Human capital for revitalization of towns along railway lines (Seibu Railway) | 30 in FY2026 | |||
Human capital for digital transformation(Seibu Railway) | 80 in FY2026 | |||
GM (Candidate for General Manager) (Seibu Prince Hotels Worldwide) | 100 in FY2035 | |||
Human capital for asset management (Seibu Realty Solutions) | 30 in FY2026 | |||
Human capital for real estate development (Seibu Realty Solutions) | 70 in FY2026 | |||
Engagement Score Rating(All domestic companies)※6 | More than A58, year-on-year improvement | |||
Common numerical targets for 4 Major Companies by 2025※5 | Ratio of female managers | 15% | ||
Ratio of non-Japanese managers | Current ratio or higher | |||
Ratio of mid-career hire managers | Current ratio or higher | |||
Annual paid leave utilization rate | 80% | |||
Ratio of male employees taking childcare leave | 100% | |||
Compliance and collaboration | Independent outside directors | 1/3 or more | ||
Response rate of questionnaire survey to the business partners | 100% per year |
※1 Area as of February 2024
※2 Environmental certification includes CASBEE, DBJ.
※3 The hotel evaluates the satisfaction level of staying at 10 levels, separately from each item (questionnaire items at check-in, checkout, breakfast, dinner, etc.).We priortize this score, out of the whole guest questionnare.
※4 The report covers items attributable to the company's own factors, and does not include extreme weather conditions, etc. in principle.
※5 Seibu Holdings, Seibu Railway, Seibu Prince Hotels Worldwide, Seibu Realty Solutions
※6 Score Rating Based on the Results of Engagement Surveys Provided by Link and Motivation, Inc.
Environment
Environmental Policy
The Seibu Group’s Environmental Policy
Response to Climate Change
Information Disclosure Based on TCFD Recommendations
Governing Structure
Scope of Coverage | Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|---|
Number of Seibu Group Sustainability Committee meetings | SEIBU HOLDINGS INC. | Times | ー | 2 | 2 |
Number of Seibu Group Council for Promotion of Sustainability Actions | Main operating companies | ー | 2 | 2 |
- Main operating companies…Seibu Holdings, Seibu Railway, Seibu Prince Hotels Worldwide, Seibu Realty Solutions,Seibu Bus, Seibu Lions, Izuhakone Railway, Ohmi Railway, Seibu Landscape
GHG emissions (CO2 emissions)
Unit | Mar. 31 ,2019 | Mar. 31, 2022 | Mar. 31, 2023 | Comparison with the Mar.31 2019 | |
---|---|---|---|---|---|
Scope1 | t-CO2 | 215,018 | 168,328 | 146,655 | ▲31.8% |
Scope2 | t-CO2 | 480,413 | 388,822 | 338,894 | ▲29.5% |
Total | t-CO2 | 695,431 | 557,150 | 485,550 | ▲30.2% |
GHG emissions intensity (CO2 / operating revenue) |
t-CO2 / millions of yen | 1.22881 | 1.40391 | 1.13317 | ▲7.8% |
- Scope of application: Seibu Holdings Inc. and the group's all units.
- Base year: the fiscal year ended Mar,31, 2019
- Calculated in accordance with the Act on the Rational Use of Energy and the Act on Promotion of Global Warming Countermeasures.
- CO2emissions from purchased electricity are calculated based on CO2 emissions factor after adjustment.
- CO2 emissions from purchased electricity at overseas units are calculated based on CO2 emissions factor after adjustment.
- For emissions per group unit (property), please see here.
GHG emissions(Scope3)
Scope of Coverage | Unit | Mar. 31,2019 | Mar. 31,2022 | Mar. 31,2023 | ||
---|---|---|---|---|---|---|
Category 1 | Purchased products & services | Seibu Railway, Seibu Prince Hotels Worldwide, Seibu Realty Solutions | t-CO2 | ー | 240,557 | 286,811 |
Category 2 | Capital goods | Seibu Holdings Inc. and the group's all units | ー | 169,678 | 186,336 | |
Category 3 | Fuel- and energy-related activities (not included in scope 1 or scope 2) | ー | 92,273 | 80,911 | ||
Category 4 | Upstream transportation and distribution | ー | ー | ー | ||
Category 5 | Waste generated in operations | ー | 2,706 | 1,759 | ||
Category 6 | Business travel | ー | 2,786 | 2,719 | ||
Category 7 | Employee commuting | ー | 7,460 | 7,301 | ||
Category 8 | Upstream leased assets | ー | ー | ー | ||
Category 9 | Downstream transportation and distribution | ー | ー | ー | ||
Category 10 | Processing of sold products | ー | ー | ー | ||
Category 11 | Use of sold products | ー | ー | ー | ||
Category 12 | End-of-life treatment of sold products | ー | ー | ー | ||
Category 13 | Downstream leased assets | ー | ー | ー | ||
Category 14 | Franchises | ー | ー | ー | ||
Category 15 | Investments | ー | ー | ー | ||
Total | ー | 515,459 | 565,837 | |||
Total GHG emissions( Scope 1+2+3 )※1 | Seibu Holdings Inc. and the group's all units※2 | 695,431 | 1,072,609 | 1,051,386 |
- Category 4 is included in Category 1, and Category 8 and 13 are included in Scope 1 and 2.
- Category 9, 10, 11, 12, 13, 14, 15 are not applicable.
- ※1 Total GHG emissions for fiscal year ended March 31, 2021 are calculated based on Scope 1 + Scope 2 only.
- ※2 Category 1 of Scope 3 is calculated for some companies.
Energy consumption
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Gasoline | kl | 1,493 | 1,267 | 1,085 |
Kerosene | kl | 11,359 | 9,548 | 6,185 |
Light oil | kl | 28,108 | 20,993 | 21,440 |
Heavy oil A | kl | 4,829 | 3,157 | 2,424 |
LPG | t | 10,526 | 6,803 | 4,910 |
LNG | t | 0 | 0 | 456 |
City gas | 1,000㎥ | 33,105 | 27,029 | 22,914 |
Heat | GJ | 89,586 | 71,988 | 44,932 |
Electricity | 1,000kWh | 1,012,780 | 887,286 | 783,075 |
Total | 1,000GJ | 13,646 | 11,572 | 10,160 |
Amount of renewable energy sales
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Amount of renewable energy sales | 1,000kWh | 16,107 | 24,390 | 21,304 |
Breakdown of Electricity Consumption and Renewable Energy Installed
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Electricity | 1,000kWh | 1,012,780 | 887,286 | 783,075 |
-Amount of electricity purchase | 1,000kWh | 1,008,312 | 881,694 | 743,853 |
-Amount of renewable energy introduced* | 1,000kWh | 4,468 | 5,592 | 39,222 |
Renewable energy introduction rate | % | 0.44 | 0.63 | 5.01 |
Water Use
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Total water withdrawal | 1,000㎥ | 13,039 | 10,307 | 9,047 |
Total water discharge | 1,000㎥ | 8,869 | 7,625 | 7,539 |
Amount of reused water | 1,000㎥ | 286 | 125 | 142 |
Water withdrawal per unit (water withdrawal/operating revenue) |
㎥/million yen | 23.03913 | 25.97216 | 21.11419 |
- Scope of application: Seibu Holdings Inc. and the group's all units.
- For group units that do not individually measure the amount of water discharge, the amount of water withdrawal was applied.
Volume of resources used
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Purchase volume of copier and office automation paper | 1,000 sheets (A4 size) | 126,043 | 83,435 | 78,210 |
Purchase volume of products using specified plastics | t | ー | 62 | 78.7 |
- Scope of application: Seibu Holdings Inc. and the group's all units.
Volume of industrial waste
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Volume of industrial waste | t | 11,134 | 8,633 | 4,655 |
- Scope of application: Seibu Holdings Inc. and the group's all units.
- The amount of industrial waste is calculated based on an Industrial Waste Management Sheet called the Manifest .
Amount of food waste
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Amount of food waste | t | 5,195 | 2,152 | 2,342 |
- Scope of application: group units that generate large amount of food waste.
- This applies to food-related businesses that generate large amount of food waste-100 tons or more a year.
Volume of chemical substances handled
Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|
Volume of PRTR substances handled | t | 185.0 | 148.3 | 47.0 |
Volume of PRTR sunstances released into atmosphere and transferred as waste | t | 2.0 | 2.0 | 2.0 |
- Scope of application: group units subject to PRTR System.
- Click here for details on PRTR method. (Ministry of the Environment website)
Emissions of polluting substances
Scope of Coverage | Unit | Mar. 31, 2019 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|---|
NOx emissions | Group units subject to Air Pollution Control Act | t | 67.5 | 33.4 | 31.1 |
NOx emissions | Group units subject to Automotive NOx and PM Law | t | 69.7 | 77.9 | 35.4 |
Soot and dust emissions | Group units subject to Air Pollution Control Act | t | 0.0 | 0.0 | 0.0 |
Sox emissions | t | 0.0 | 0.3 | 0.2 | |
Voc emissions | t | 0.0 | 0.0 | 0.0 | |
Particulate matter (PM) emissions | Group units subject to automotive NOx and PM Law | t | 2.1 | 0.8 | 0.0 |
Chemical Oxygen Demand (COD) emissions | Group units subject to Water Pollution Control Law. | t | 3.9 | 5.7 | 4.5 |
- Click here for details on Air Pollution Control Act (Ministry of the Environment website)
- Click here for details on Automobile Nox and PM Law (Ministry of the Environment website)
- Click here for details on the Water Pollution Control Law (Ministry of the Environment website)
- Nox --- Seibu Railway, Seibu Prince Hotels Worldwide, Seibu Realty Solutions, Seibu Bus, Yokohama Arena, Seibuen Yuenchi, Seibu Recreation, Yokohama Hakkeijima, Seibu Kanko Bus, Seibu Sogo Kikaku, Izu Hakone Bus
Dust and soot --- Yokohama Arena, Yokohama Hakkeijima
Sox---Yokohama Hakkeijima
PM: Seibu Railway, Seibu Bus, Seibu Kanko Bus, Seibu Sogo Kikaku, Izu Hakone Bus
Chemical Oxygen Demand (COD)---Seibu Realty Solutions, Seibu Recreation, Yokohama Hakkeijima, Prince Hotel Linen Supply
-
Other
- This report has been compiled based on the Ministry of the Environment's Environmental Reporting Guidelines 2018.
- In principle, the fiscal year starts on April 1 and ends on March 31.
Society
Action Guidelines for Directors and Employees
Seibu Group Code of Corporate Ethics / Principles of Conduct
*Compliance with laws and regulations, respect for human rights, prohibition of lavish or inappropriate gifts or entertainment, prohibition of discrimination, etc.
Privacy Policy
Seibu Group Basic Policy on Diversity Promotion
Seibu Group Basic Policy on Diversity Promotion
Human Rights Policy
Seibu Group Human Rights Policy
Procurement Policy
Human Resource Data
Scope of Coverage | Unit | Mar. 31,2021 | Mar. 31,2022 | Mar. 31,2023 | ||
---|---|---|---|---|---|---|
Number of employees | Male | Main 4 companies | Persons | 8,664 | 8,363 | 8,183 |
Female | 3,481 | 3,328 | 3,190 | |||
Total | 12,145 | 11,691 | 11,373 | |||
Ratio of female employees to total employees | % | 28.7 | 28.5 | 28 | ||
Number of new hires (new graduates) | Male | Persons | 299 | 226 | 142 | |
Female | 331 | 214 | 106 | |||
Total | 630 | 440 | 248 | |||
Ratio of women to new graduate hires | % | 52.5 | 48.6 | 42.7 | ||
Number of new hires (mid-career hiring) | Persons | ー | ー | 72 | ||
Number of new hires (Foreign nationals) | Persons | ー | ー | 10 | ||
Ratio of mid-career hiring to new hires | % | ー | ー | 22.5 | ||
Ratio of foreign nationals to new hires | % | ー | ー | 3.1 | ||
Number of employees with disabilities | Persons | 232 | 225 | 223 | ||
Number of non-Japanese employees | Persons | 318 | 134 | 118 | ||
Number of re-employed workers | Persons | 383 | 393 | 364 | ||
Average number of years of service | Male | Year | 20.5 | 20.5 | 20.7 | |
Female | 9.3 | 9.4 | 10.5 | |||
Job turnover rate | % | ー | ー | 7.5 | ||
3-year retention rate | % | ー | ー | 64.0 | ||
Starting salary | Graduates with higher than a master's degree | SEIBU HOLDINGS INC. | yen | ー | ー | 250,000 |
College graduates | ー | ー | 235,000 | |||
Graduates with higher than a master's degree | Seibu Railway | ー | ー | 240,000 | ||
College graduates | ー | ー | 230,000 | |||
Graduates with higher than a master's degree | Seibu Prince Hotels Worldwide | ー | ー | 209,500 | ||
College graduates | ー | ー | 209,500 | |||
Graduates with higher than a master's degree | Seibu Realty Solutions | ー | ー | 241,000 | ||
College graduates | ー | ー | 232,000 | |||
Average annual salary | SEIBU HOLDINGS INC. | Thousand yen | 8,022 | 7,958 | 8,112 | |
Number of managers (equivalent to section managers) | Male | Main 4 companies | Persons | 820 | 782 | 804 |
Female | 42 | 45 | 49 | |||
Total | 862 | 827 | 853 | |||
Ratio of female managers | % | 4.9 | 5.4 | 5.7 | ||
Ratio of non-Japanese managers | % | 0.1 | 0.1 | 0.1 | ||
Ratio of experienced hires to number of managers | % | 15.2 | 15.1 | 14.5 | ||
Number of employees taking childcare leave | Male | Persons | 67 | 105 | 135 | |
Female | 335 | 321 | 210 | |||
Total | 402 | 426 | 345 | |||
Ratio of male employees taking childcare leave | % | 35.3 | 51.5 | 71.1 | ||
Number of employees taking nursing leave for family care | Persons | 7 | 10 | 14 | ||
Monthly average overtime working hours | Hours | 8.49 | 12.73 | 22.08 | ||
Utilization rate of annual paid leave | % | 55.0 | 73.0 | 77.8 |
Scope of Coverage | Unit | Mar. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2024 | |
---|---|---|---|---|---|
Employee Engagement Score* | Main 4 companies | ー | ー | 48.1 | |
Of these,SEIBU HOLDINGS INC. | ー | ー | 52.2 | ||
Of these,Seibu Railway | ー | ー | 50.1 | ||
Of these,Seibu Prince Hotels Worldwide | ー | ー | 47.3 | ||
Of these,Seibu Realty Solutions | ー | ー | 48.3 |
- *Score based on Motivation Cloud (provided by Link and Motivation, Inc.), with a baseline set at 50, representing the average deviation from other companies using the same service.
- From the fiscal years ending March 2020 through March 2024.
Safety and Health
Scope of Coverage | Unit | Mar. 31,2021 | Mar. 31,2022 | Mar. 31,2023 | |
---|---|---|---|---|---|
Number of occupational accidents requiring time-off from work | Main 4 companies | Number of case | 32 | 37 | 63 |
Number of occupational accidents not requiring time-off work | 94 | 96 | 140 | ||
Lost time injuries frequency rate | ー | 1.51 | 1.58 | 2.52 | |
Number of fatalities due to industrial accidents (including contractors) | Persons | 0 | 0 | 0 | |
Percentage of employees undergoing health checkups | % | 97.7 | 98.5 | 97.4 | |
Implementation rate of specific health guidance program | 24.8 | 37.3 | 31.6 | ||
- *Number of occupational accidents resulting in absence from work per million total actual working hours
- ・Main 4 companies・・・Seibu Holdings, Seibu Railway, Seibu Prince Hotels Worldwide, Seibu Realty Solutions
Donation
Scope of Coverage | Unit | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|---|
Donation | SEIBU HOLDINGS INC. | millions of yen | 24 | 20 | 19 |
Governance
Policy on Corporate Ethics
Seibu Group Code of Corporate Ethics / Principles of Conduct
*Compliance with laws and regulations, respect for human rights, prohibition of lavish or inappropriate gifts or entertainment, prohibition of discrimination, etc.
Systems to ensure that business is conducted properly
The Seibu Holdings’ Basic Policy on Internal Controls
Human Rights Policy
Seibu Group Human Rights Policy
Procurement Policy
Seibu Group’s Sustainable Procurement Policy . Seibu Group Supplier Guidelines Request to all our suppliers.
Executive Data
Scope of Coverage | Unit | Mar. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2024 | |||
---|---|---|---|---|---|---|---|
Number of Directors | Number of internal directors | Male | SEIBU HOLDINGS INC. | Persons | 7 | 7 | 7 |
Female | ー | ー | ー | ||||
Total | 7 | 7 | 7 | ||||
Number of independent outside directors | Male | 2 | 2 | 2 | |||
Female | 2 | 2 | 2 | ||||
Total | 4 | 4 | 4 | ||||
Total | 11 | 11 | 11 | ||||
Ratio of independent outside directors | SEIBU HOLDINGS INC. | % | 36.4 | 36.4 | 36.4 | ||
Ratio of female directors | SEIBU HOLDINGS INC. | % | 18.2 | 18.2 | 18.2 | ||
Number of Audit & Supervisory Board Members | Number of Internal Audit & Supervisory Board Members | Male | SEIBU HOLDINGS INC. | Persons | 1 | 2 | 2 |
Female | ー | ー | ー | ||||
Total | 1 | 2 | 2 | ||||
Number of Independent Audit & Supervisory Board Members | Male | 2 | 2 | 2 | |||
Female | ー | ー | ー | ||||
Total | 2 | 2 | 2 | ||||
Total | 3 | 4 | 4 | ||||
Ratio of Independent Audit & Supervisory Board Members | SEIBU HOLDINGS INC. | % | 66.7 | 50.0 | 50.0 | ||
Ratio of female Audit & Supervisory Board Members | SEIBU HOLDINGS INC. | % | ー | ー | ー | ||
Number of Nomination Advisory Committee members | Number of Internal Nomination Advisory Committee Members | Male | SEIBU HOLDINGS INC. | Persons | 2 | 2 | 2 |
Female | ー | ー | ー | ||||
Total | 2 | 2 | 2 | ||||
Number of Independent Nomination Advisory Committee Members | Male | 2 | 2 | 2 | |||
Female | 2 | 2 | 2 | ||||
Total | 4 | 4 | 4 | ||||
Total | 6 | 6 | 6 | ||||
Number of Remuneration Advisory Committee members | Number of Internal Remuneration Advisory Committee Members | Male | SEIBU HOLDINGS INC. | Persons | 2 | 2 | 2 |
Female | ー | ー | ー | ||||
Total | 2 | 2 | 2 | ||||
Number of Independent Remuneration Advisory Committee Members | Male | 2 | 2 | 2 | |||
Female | 2 | 2 | 2 | ||||
Total | 4 | 4 | 4 | ||||
Total | 6 | 6 | 6 | ||||
Number of Managing Officer | Male | SEIBU HOLDINGS INC. | Persons | 8 | 9 | 11 | |
Female | ー | ー | ー | ||||
Total | 8 | 9 | 11 | ||||
Ratio of Women Managing Officer | SEIBU HOLDINGS INC. | % | ー | ー | ー |
- ※The number and ratio of directors are the ones after the General Meeting of Shareholders held during each fiscal year.
- ※From the fiscal years ending March 2021 through March 2024.
Board meetings
Scope of Coverage | Unit | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2023 | |||
---|---|---|---|---|---|---|---|
Board of Directors | Number of Board of Directors | SEIBU HOLDINGS INC. | Times | 19 | 19 | 19 | |
Board of Directors Attendance | % | 98.4 | 98.9 | 98.9 | |||
Attendance of Independent Directors at Board of Directors | 94.7 | 97.4 | 97.4 | ||||
Audit & Supervisory Board | Number of Audit & Supervisory Board | SEIBU HOLDINGS INC. | Times | 15 | 16 | 15 | |
Audit & Supervisory Board Attendance | % | 100 | 100 | 100 | |||
Attendance of Audit & Supervisory Board | 100 | 100 | 100 | ||||
Nomination Advisory Committee Meetings | Number of Nomination Advisory Committee Meetings | SEIBU HOLDINGS INC. | Times | 1 | 1 | 2 | |
Attendance of Nomination Advisory Committee Meetings | % | 100 | 100 | 100 | |||
Remuneration Advisory Committee Meetings | Number of Remuneration Advisory Committee Meetings | Times | 4 | 4 | 2 | ||
Attendance of Remuneration Advisory Committee Meetings | % | 96.7 | 100 | 100 | |||
Number of the Seibu Group Corporate Ethics Committee | SEIBU HOLDINGS INC. | Times | 5 | 5 | 5 | ||
Number of Corporate Governance Council | 1 | 1 | 2 | ||||
Number of Management Council | 21 | 21 | 20 |
Executive Compensation
Scope of Coverage | Unit | Mar. 31, 2021※4 |
Mar. 31, 2022※5 |
Mar. 31, 2023※6 |
|||
---|---|---|---|---|---|---|---|
Remuneration for Directors (Excluding independent outside directors) |
Basic remuneration※1 | SEIBU HOLDINGS INC. | millions of yen | 193 | 173 | 156 | |
Share-based remuneration※2 | Annual | ー | ー | ー | |||
Long-term | 77 | 72 | 73 | ||||
Stock options | ー | ー | ー | ||||
Total amount paid | 270 | 246 | 230 | ||||
Remuneration for Audit & Supervisory Board Members (Excluding Independent Audit & Supervisory Board Members) |
Basic remuneration※3 | SEIBU HOLDINGS INC. | millions of yen | 29 | 32 | 29 | |
Share-based remuneration※2 | Annual | ー | ー | ー | |||
Long-term | ー | ー | ー | ||||
Stock options | ー | ー | ー | ||||
Total amount paid | 29 | 32 | 29 | ||||
Remuneration for Outside Directors and Outside Audit & Supervisory Board Members | Basic remuneration | SEIBU HOLDINGS INC. | millions of yen | 90 | 94 | 94 | |
Share-based remuneration※2 | Annual | ー | ー | ー | |||
Long-term | ー | ー | ー | ||||
Stock options | ー | ー | ー | ||||
Total amount paid | 90 | 94 | 94 |
- ※1 The amount of remuneration, etc. for Directors is ¥660 million or less annually (including ¥120 million or less annually for outside Directors; excluding the amount of employee salary for Directors serving concurrently as employees).
- ※2 The Company resolved to introduce a Board Benefit Trust (BBT) from the fiscal year ended March 2020. The maximum amount of contribution to the trust to be made as a fund to purchase shares for the Company’s Directors over a period of three fiscal years is ¥300 million for the annual incentive and ¥450 million for the long-term incentive.
The amount of share-based remuneration (annual incentive + long-term incentive) is equal to the amount of provision for purchase of shares recognized in the current fiscal year, which is based on the points granted to each Director. - ※3 The amount of remuneration, etc. for Audit & Supervisory Board Members is ¥100 million or less annually.
- ※4 As for fiscal year ended March 31, 2021, four of the Directors who concurrently serve as Directors of subsidiaries have received Directors’ remuneration, etc. from the respective subsidiaries during their term of office as the Company’s Directors, totaling ¥124 million.
Additionally, one Audit & Supervisory Board member who serves concurrently as a fulltime Audit & Supervisory Board member of a subsidiary has received corporate officer remuneration and other benefits from the subsidiary in the amount of ¥21 million.
Due to the impact of the COVID-19 pandemic, the basic remuneration of directors (excluding outside directors) was reduced.
The annual incentive is a form of parformance-linked remuneration. The Board of Directors has decided that, due to the impact of COVID-19, no performance points will be awarded for the fiscal year ended March 31,2021,so no corresponding provision of points was recorded in the accounts. - ※5 As for fiscal year ended March 31, 2022, three of the Directors who concurrently serve as Directors of subsidiaries have received Directors’ remuneration, etc. from the respective subsidiaries during their term of office as the Company’s Directors, totaling ¥131 million.
The annual incentive is performance-based remuneration.
The Group recorded a large deficit in the fiscal year ended March 31, 2021 financial results due to the expansion of COVID-19, and the business environment was expected to remain challenging in fiscal year ended March 31, 2022.
Despite the Company’s determined commitment to achieving the medium-term management plan, the Company’s Board of Directors resolved at the meeting that, given the contents of the budget and the business environment, fiscal year ended March 31, 2022 will not be considered as the point granting period for share-based remuneration (annual incentive), and hence, provision was not recognized. - ※6 As for fiscal year ended March 31, 2023, four of the Directors who concurrently serve as Directors of subsidiaries (including the one who retired on June 22, 2022) have received Directors’ remuneration, etc. from the respective subsidiaries during their term of office as the Company’s Directors, totaling ¥124 million.
Additionally, one Audit & Supervisory Board member who serves concurrently as a fulltime Audit & Supervisory Board member of a subsidiary has received corporate officer remuneration and other benefits from the subsidiary in the amount of ¥12 million.
As the annual incentive is linked to business performance and the award conditions were not met in the fiscal year ended March 31, 2023, no provision was recorded.
Compliance
Scope of Coverage | Unit | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2023 | |
---|---|---|---|---|---|
Number of consultations and reports via the internal help line | Seibu Holdings Inc. and the group's all units | Reports | 201 | 195 | 204 |
Number of times learning for the Code of Conduct | SEIBU HOLDINGS INC. | Times | 3 | 3 | 3 |