Komori
Hokuriku Electrical Construction (1930) · TargetUpdated performance-linked metric to actual ordinary profit of ¥6.5 billion

Performance-linked executive compensation tied to achievement of ordinary profit

First written in FY2019. 1 of 7 entries say "Achieved", first in FY2020. Latest entry: FY2026.

7entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AchievedFY2020OtherFY2021SoftenedFY2022OtherFY2023 – FY20262019: 120192020: 120202021: 120212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Setting Profit Targets for Performance-Linked CompensationA theme 185 companies write about · 2 as a headwind · 132 as a tailwind

The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.

45 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 185 companies compared. The sentences above are computed from all 185.
Full recordFilings, disclosures and news, newest first
  1. FY2026Updated performance-linked metric to actual ordinary profit of ¥6.5 billionAnnual report

    「なお、当事業年度における業績連動に係る指標の実績は65億円である。」

    経常利益を指標とする業績連動報酬の実績は、前年度の54億円から65億円へ更新された。
  2. FY2025業績連動指標実績54億円への更新Annual report

    「なお、当事業年度における業績連動に係る指標の実績は54億円である。」

    経常利益を業績連動指標とする仕組みを継続し、実績は前年度の26億円から54億円へ更新された。
  3. FY2023業績連動指標実績26億円への更新Annual report

    「なお、当事業年度における業績連動に係る指標の実績は26億円である。」

    経常利益を業績連動指標とする仕組みは継続しているが、当年度も目標値は記載されず、実績は前年度の34億円から26億円へ更新された。
  4. FY2022SoftenedAnnual report

    「なお、当事業年度における業績連動に係る指標の実績は34億円である。」

    経常利益を業績連動指標とする仕組みは継続しているが、当年度は目標値を記載せず、実績34億円のみを記載している。
  5. FY2021Failure to meet the performance-based targetAnnual report

    「なお、当事業年度における業績連動に係る指標の目標は51億円で実績は44億円である。」

    経常利益を指標とする業績連動報酬について、目標51億円に対し実績44億円となり、前年度の目標超過から目標未達へ変化した。
  6. FY2020AchievedAnnual report

    「なお、当事業年度における業績連動に係る指標の目標は46億円で実績は55億円である。」

    経常利益を指標とする業績連動報酬について、目標46億円に対し実績55億円となり、指標目標を上回った。
  7. FY2019First statedAnnual report

    「The metric for performance-linked compensation is ordinary profit on a non-consolidated basis. This metric was selected because it represents profit from the Company's overall management activities and is regarded as the most important metric for the Company. The amount of performance-linked compensation is determined based on the degree of achievement of ordinary profit targets and paid as a bonus or retirement benefit. The target for the fiscal year under review was ¥4.5 billion, compared with actual ordinary profit of ¥4.0 billion.」

    The Company first provided specific details of its performance-linked executive compensation scheme, using ordinary profit as the metric, with a target of ¥4.5 billion and actual performance of ¥4.0 billion.
Moved together

"Dependence on public investment and Hokuriku Electric Power Company's capital expenditure and orders" moved the same way as this thread, in the same document, in 2 of its 7 moves.

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  2. 1Dependence on public investment and Hokuriku Electric Power Company's capital expenditure and orders2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Hokuriku Electrical Construction's next results are scheduled for 2026-10-28. Read the earnings preview
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