Epson 2015 Annual Report Download - page 41

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40
Remuneration paid
Category
Total remuneration
(millions of yen)
Remuneration breakdown
(millions of yen)
Number of
individuals
Basic salary
Bonuses
Directors
(including total for outside
directors)
456
(26)
356
(26)
99
(－)
13
(2)
Corporate auditors
(including total for outside
corporate auditors)
106
(44)
106
(44)
－
(－)
7
(3)
Total
563 463 99 20
Notes
1. The number of individuals above includes three directors and two corporate auditors who retired at the
closing of the general shareholders’ meeting on June 24, 2014.
2. Epson introduced a stock performance (stock-based) component to the remuneration system to link
remuneration more closely to share price, so Epson stock accounts for a portion of the basic salary.
3. A resolution passed at the general shareholders’ meeting of June 26, 2001, established the maximum base
remuneration at ¥70 million per month for directors and at ¥12 million per month for corporate auditors.
4. The remuneration paid includes ¥99 million in director bonuses (bonuses to be paid to the eight directors,
excluding outside directors), which were approved at the June 25, 2015 regular general shareholders’
meeting. There is no bonus system for corporate auditors.
5. The directors who retired at the closing of the general shareholders’ meeting held on June 24, 2014 were
paid a retirement benefit of ¥41 million based on the resolution of the general shareholders’ meeting held on
June 23, 2006, on the payment of director retirement benefits.
6. Stock options are not granted.
(5) Stock holdings
Balance sheet total of stocks held for reasons other than pure investment
22 companies ¥15,925 million
Issuing company, number, and balance sheet total of stocks held for reasons other than pure investment
Previous fiscal year
Company Shares (stock)
Balance sheet total
(millions of yen)
Reason held
NGK Insulators, Ltd.
3,757,000
8,077
Maintain and
strengthen
business ties
Mizuho Financial Group, Inc.
15,008,880
3,061
Maintain and
strengthen
business ties
Seiko Holdings Corporation
1,644,080
675
Maintain and
strengthen
business ties
The Hachijuni Bank, Ltd.
489,500
287
Maintain and
strengthen
business ties
Iwasaki Electric Co., Ltd.
1,000,000
253
Maintain and
strengthen
business ties
Hakuto Co., Ltd.
190,000
183
Maintain and
strengthen
business ties