Performance-Linked Director Compensation Based Primarily on Consolidated Operating Profit
First written in FY2022. 6 of 8 entries say "Advanced", first in FY2024. Latest entry: 2026-08-12.
The whole theme swung hardest in 2020: 5 of 25 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「Compensation for executive directors will comprise fixed base compensation, bonuses based on performance and other factors, and performance-linked share-based compensation (BBT-RS) to strengthen awareness of contributing to long-term growth in corporate value. … Base compensation: approximately 63%; bonuses: approximately 3%; performance-linked share-based compensation (BBT-RS): approximately 34%」
The Company specified a plan to add performance-linked share-based compensation, which also shares the risk of a decline in the share price, to its existing performance-linked compensation policy based primarily on consolidated operating profit, with share-based compensation accounting for approximately 34% of the compensation structure. - FY2024AdvancedAnnual report
「As a general rule, individual compensation and other remuneration for executive directors will consist solely of fixed base compensation, which is a determined cash remuneration. In determining this base compensation, compensation will be variable, based primarily on consolidated operating profit and taking comprehensive account of the performance of the Company and other factors, as well as the executive's responsibilities, in order to clarify management responsibility and strengthen incentives to improve performance.」
The policy for performance-linked compensation based primarily on consolidated operating profit has been specified in detail, including how base compensation is determined, the possibility of paying bonuses and the timing of decisions by the Board of Directors. - FY2022First statedAnnual report
「To clarify management accountability and strengthen incentives to improve performance, compensation will be performance-linked, using consolidated operating profit as the principal indicator while comprehensively considering the performance of the Company and other factors, as well as the executive’s responsibilities.」
The Company first identified a policy of variable compensation for executive directors based primarily on consolidated operating profit and adjusted for performance and responsibilities.