Performance-linked bonuses tied to consolidated ordinary profit
First written in FY2021. . Latest entry: FY2022.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
45 other companies' latest entry also says "Other".
- FY2022No performance-based bonus paidAnnual report
「The 10% share of the increase in consolidated ordinary profit for the fiscal year was ¥44 million, while 3% of consolidated ordinary profit was ¥93 million. However, after taking into account the decline in net income attributable to owners of the parent from the previous consolidated fiscal year, partly because of impairment losses on investment securities, the company decided not to pay a performance-based bonus for the fiscal year.」
The company presented the calculated amount of the bonus linked to consolidated ordinary profit, but stated that no bonus would be paid for the current fiscal year after taking into account the decline in net income attributable to owners of the parent caused by impairment losses on investment securities and other factors. - FY2021First statedAnnual report
「The performance-based bonus is calculated using 10% of the increase in consolidated ordinary profit or 3% of consolidated ordinary profit as a guideline, and is paid subject to approval at the ordinary general meeting of shareholders.」
The company disclosed its policy for calculating performance-based bonuses for executive directors based on consolidated ordinary profit. The total bonus for the fiscal year was ¥40 million.