Performance-Linked Compensation Based on Consolidated Ordinary Income
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To encourage an awareness of the need to improve performance in each fiscal year, bonuses are paid in cash at a fixed time each year, with the amount calculated according to the percentage change from average consolidated ordinary income for the preceding 3 fiscal years.」
The Company continues its policy of short-term performance-linked bonuses based on the percentage change from average consolidated ordinary income for the preceding 3 fiscal years. - FY2023AdvancedAnnual report
「The Company's directors' performance-linked compensation consists of performance-linked bonuses based on short-term results and share-based compensation based on medium- to long-term results.」
The Company specifies a two-tier structure for performance-linked compensation: bonuses based on the percentage change from average consolidated ordinary income for the preceding 3 fiscal years, and share-based compensation aimed at enhancing corporate value over the medium to long term. - FY2021First statedAnnual report
「To encourage the Company's directors to focus on improving performance in each fiscal year, performance-linked compensation is paid in cash at a fixed time each year. The amount is calculated based on the percentage change in consolidated ordinary income for the relevant fiscal year from the average consolidated ordinary income for the preceding 3 fiscal years, with other factors considered comprehensively.」
The policy for executive directors' compensation provides for performance-linked compensation based on the percentage change from average consolidated ordinary income for the preceding 3 fiscal years.