Profit-linked compensation tied to consolidated operating profit and value sharing with shareholders
First written in FY2019. 3 of 7 entries say "Reframed", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 19 companies on the "Worse" side.
23 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Fiscal year ending March 2026 (17th fiscal year): actual ROE 13.6%」
For performance-linked compensation, the company uses EBITDA and ROE, along with CO2 emissions, employee engagement and the percentage of women in management positions, as evaluation metrics, and disclosed ROE of 13.6%, an engagement score of 66.0 and a women-in-management ratio of 10.3% for the current fiscal year. - FY2025ReframedAnnual report
「The performance metrics for the long-term incentive, which is share-based compensation, consist of 5 evaluation items, namely EBITDA and ROE, CO2 emissions, employee engagement and the percentage of women in management positions, reflecting an emphasis on linkage to metrics relating to improved profitability and capital efficiency, as well as environmental, social and corporate governance (ESG).」
The company is redesigning its previous long-term share-based compensation metrics, centered on EBITDA and ROE, into an ESG-linked structure that includes CO2 emissions, employee engagement and the percentage of women in management positions. - FY2024RestatedAnnual report
「The composition ratio of base compensation, the short-term incentive in performance-linked compensation, which is a cash bonus, and the long-term incentive, which is share-based compensation, is set at 6:2:2, assuming that the respective performance metrics for performance-linked compensation are achieved.」
The company continues to use a compensation structure of 6:2:2 for base compensation, short-term cash bonuses and long-term share-based compensation, and has disclosed the linkage to operating profit, EBITDA and ROE. - FY2023ReframedAnnual report
「The composition ratio of base compensation, the short-term incentive in performance-linked compensation, which is a cash bonus, and the long-term incentive, which is share-based compensation, is set at 6:2:2, assuming that the respective performance metrics for performance-linked compensation are achieved.」
The compensation structure has changed from 6:3:1 to 6:2:2 for base compensation, short-term incentives and long-term incentives. The long-term metrics comprise EBITDA, ROE and a component not linked to performance. - FY2021AdvancedAnnual report
「The composition ratio of base compensation, the short-term incentive in performance-linked compensation, which is a cash bonus, and the long-term incentive, which is share-based compensation, is set at 6:3:1.」
The company established a 6:3:1 composition of base compensation, short-term cash bonuses and long-term share-based compensation, and operates the compensation system using operating profit, EBITDA, ROE and the equity ratio as performance-linked metrics. - FY2020ReframedAnnual report
「The compensation consists of base compensation and performance-linked compensation. Base compensation is paid in cash and comprises supervisory compensation for management oversight and executive compensation for business execution. Performance-linked compensation consists of a short-term incentive, in the form of a cash bonus, based on consolidated operating profit for the Group, and a long-term incentive, in the form of share-based compensation, based on medium- to long-term performance.」
The company is redesigning its previous system of compensation linked to consolidated operating profit and value sharing with shareholders into a compensation structure comprising short-term cash bonuses and medium- to long-term share-based compensation. - FY2019First statedAnnual report
「Profit-linked compensation is available to executive directors. To align 60% of the payment with value for shareholders, that amount is contributed to the directors' shareholding association and held until retirement. The company does not have a directors' retirement bonus scheme.」
The company disclosed a scheme under which 60% of profit-linked compensation for executive directors is contributed to the directors' shareholding association and held until retirement.