Incentivizing Improvements in Corporate Performance and Corporate Value Through Performance-Linked Compensation
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The indicators for performance-linked compensation are ordinary income and net income for the previous fiscal year, and the amount is determined in line with these indicators within a range of -20% to +25% of the standard compensation by position for executive officers who also serve as directors.」
The company continues its policy of varying compensation based on ordinary income and net income within a range of -20% to +25% of standard compensation. - FY2023RestatedAnnual report
「The indicators for performance-linked compensation are ordinary income and net income for the previous fiscal year, and the amount is determined in line with these indicators within a range of -20% to +25% of the standard compensation by position for executive officers who also serve as directors.」
The company continues its policy of varying compensation based on ordinary income and net income within a range of -20% to +25% of standard compensation. - FY2020RestatedAnnual report
「The indicators for performance-linked compensation are ordinary income and net income for the previous fiscal year, as incentives for the sustained improvement of corporate performance and corporate value. The Board of Directors has determined that performance-linked compensation will vary within a range of -20% to +25% of fixed compensation. For the current fiscal year, the actual amount was set at +25% relative to the above indicators.」
The company reiterates its policy of performance-linked compensation based on ordinary income and net income, varying from -20% to +25% of fixed compensation. - FY2019First statedAnnual report
「Individual compensation consists of fixed compensation by position, determined based on the duties, required capabilities and level of responsibility, and performance-linked compensation based on performance evaluation. As the indicators for performance-linked compensation, the company uses ordinary income and net income for the previous fiscal year to provide incentives for the sustained improvement of corporate performance and corporate value. The Board of Directors has determined that performance-linked compensation will vary within a range of -20% to +25% of fixed compensation. For the current fiscal year, the actual amount was set at +25% relative to the above indicators.」
The company has established performance-linked compensation based on ordinary income and net income in addition to fixed compensation, and states that it set the current fiscal year's amount at the maximum of +25% relative to fixed compensation.