Executive Compensation Policy Linked to Achievement of Operating Profit Targets
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To encourage awareness of improving performance in each fiscal year, performance-linked compensation and other compensation is paid as an amount calculated according to the degree of achievement against the operating profit target for each fiscal year, in addition to fixed compensation.」
The company continues to disclose its executive compensation policy of paying performance-linked compensation on top of base compensation according to achievement of the operating profit target. - FY2022RestatedAnnual report
「To encourage awareness of improving performance in each fiscal year, performance-linked compensation and other compensation is paid as an amount calculated according to the degree of achievement against the operating profit target for each fiscal year, in addition to fixed compensation.」
The company continues to disclose its executive compensation policy of paying performance-linked compensation on top of base compensation according to achievement of the operating profit target. - FY2021First statedAnnual report
「To encourage awareness of improving performance in each fiscal year, performance-linked compensation and other compensation is paid as an amount calculated according to the degree of achievement against the operating profit target for each fiscal year, in addition to fixed compensation.」
At the meeting of the board of directors held on 5 February 2021, the company resolved its policy for determining individual director compensation and, for directors responsible for business execution, this is the first mention of a policy to pay performance-linked compensation based on achievement of operating profit targets in addition to fixed compensation.