Director Compensation Linked to Achievement of Ordinary Profit Targets
First written in FY2020. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
56 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The payout ratio for performance-based compensation for the fiscal year was set at 123.2%, and the grant rate for stock options linked to the share price at 125.8%.」
After evaluating the achievement rates for operating revenue and ordinary profit budgets and quantitative and qualitative progress under the medium-term management plan, the payout ratio for performance-based compensation was set at 123.2%, and the grant rate for stock options linked to the share price at 125.8%. - FY2025Decline in the payout and grant rates for performance-linked compensationAnnual report
「The payout ratio for performance-based compensation for the fiscal year was set at 80%, and the grant rate for stock options linked to the share price at 91.7%.」
Based on ordinary profit of ¥11,022 million and other factors, the payout ratio for the fiscal year was 80%, and the grant rate for stock options linked to the share price was 91.7%. - FY2024AdvancedAnnual report
「Actual ordinary profit for the consolidated fiscal year was ¥10,539 million. Based on this level of achievement, the company determined the payout ratio for performance-linked compensation for directors. The payout ratio for performance-based compensation for the fiscal year was set at 140%, and the grant rate for stock options linked to the share price at 140%.」
Based on actual ordinary profit of ¥10,539 million, both the payout ratio for performance-based compensation and the grant rate for stock options linked to the share price were set at 140%. - FY2023AdvancedAnnual report
「Actual ordinary profit for the fiscal year was ¥8,829 million. Based on this level of achievement, the company determined the payout ratio for performance-linked compensation for directors. The payout ratio for performance-based compensation was set at 100% to 150%, and the grant rate for stock options linked to the share price was set at 100%.」
Actual ordinary profit was updated from ¥5,994 million in the previous fiscal year to ¥8,829 million, and the compensation payout ratios and other items based on that level of achievement were disclosed. - FY2022AdvancedAnnual report
「Actual ordinary profit for the fiscal year was ¥5,994 million. Based on this level of achievement, the company determined the payout ratio for performance-linked compensation for directors. The payout ratio for performance-based compensation was set at 100% to 150%, and the grant rate for stock options linked to the share price was set at 100%.」
Based on actual ordinary profit of ¥5,994 million, the payout ratio for performance-based compensation was set at 100% to 150%, and the grant rate for stock options linked to the share price at 100%. - FY2021AdvancedAnnual report
「Actual ordinary profit for the fiscal year was ¥3,373 million. Based on this level of achievement, the company determined the payout ratio for performance-linked compensation for directors. The payout ratio for performance-based compensation was set at 100% to 150%, and the grant rate for stock options linked to the share price was set at 100%.」
Based on actual ordinary profit of ¥3,373 million, the payout ratio for performance-based compensation was set at 100% to 150%, and the grant rate for stock options linked to the share price at 100%. - FY2020First statedAnnual report
「The amount of compensation is determined based on factors including the degree of achievement of targets for ordinary profit in the relevant fiscal year's operating results.」
The company disclosed a policy of using the degree of achievement of ordinary profit targets and other factors in determining executive compensation, and also presented the ordinary profit target of ¥350 million announced for the fiscal year and actual ordinary profit of ¥836 million.