Performance-Linked Compensation Tied to Consolidated Operating Profit
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
27 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the evaluation of consolidated performance, five KPIs, namely orders received, net sales, operating income, net income for the year and ROE, are set in accordance with the medium-term management plan (April 2025-March 2028). The payout ratio for performance-linked compensation varies from 0 to 1.2 times according to the achievement level of each indicator. Actual results for the fiscal year were orders received of ¥41.2 billion, net sales of ¥36.7 billion, operating income of ¥1.772 billion, net income for the year of ¥964 million and ROE of 7.2%.」
For the performance-linked compensation scheme expanded from the former consolidated-operating-income-based system to one using five KPIs, the company discloses the current fiscal year's results and the variable range of the payout ratio. - FY2025RaisedAnnual report
「For the evaluation of consolidated performance, five KPIs, namely orders received, net sales, operating income, net income for the year and ROE, are set in accordance with the medium-term management plan (April 2025-March 2028). The payout ratio for performance-linked compensation varies from 0 to 1.2 times according to the achievement level of each indicator.」
The performance-linked compensation scheme has been expanded from one linked to consolidated operating income to one using five indicators: orders received, net sales, operating income, net income for the year and ROE. The payout ratio is set at 0 to 1.2 times. - FY2023AdvancedAnnual report
「Consolidated operating income for the fiscal year was ¥1,823 million, and the corresponding amount was paid based on a resolution of the General Meeting of Shareholders.」
The company discloses that it actually paid compensation corresponding to consolidated operating income of ¥1,823 million under its performance-linked compensation scheme. - FY2022First statedAnnual report
「To raise awareness of improving performance in each fiscal year, the Board of Directors determines the amount of cash compensation based on the degree of achievement of consolidated operating income targets, and pays it as a bonus at a specified time.」
Regarding director compensation, the company has disclosed for the first time, as a separate topic, a policy of performance-linked compensation under which cash compensation is determined according to the level of achievement of consolidated operating income.