Performance-Linked Compensation Tied to Revenue and Profit Margins and Equity Compensation
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2024.
87 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「For individual compensation in the fiscal year, the company deliberated on base compensation once and performance-linked compensation 4 times.」
For individual compensation in the fiscal year, the company deliberated on base compensation 1 time and performance-linked compensation 4 times. - FY2023AdvancedAnnual report
「As indicators of sustainable corporate growth, performance-linked compensation is paid in cash at a specified time each year. Actual net sales and ordinary profit for the fiscal year, representing the scale of the business and the company’s profitability, respectively, are each scored based on the degree of achievement against the previous year and target values, together with items such as compliance and the creation of a comfortable workplace.」
The company operates its performance-linked compensation program using achievement against the previous year and targets for net sales and ordinary profit, as well as compliance and the creation of a comfortable workplace, as evaluation items. - FY2021AdvancedAnnual report
「As indicators of sustainable corporate growth, performance-linked compensation is paid in cash at a specified time each year. Net sales, representing the scale of the business in each fiscal year, and ordinary profit, representing the company’s profitability, are each scored based on the degree of achievement against the previous year and target values, together with items such as compliance and the creation of a comfortable workplace.」
The company specified achievement against the previous year and targets for net sales and ordinary profit, compliance, and the creation of a comfortable workplace as evaluation items for performance-linked compensation. The ratio of base compensation to performance-linked compensation is 7:3. - FY2020First statedAnnual report
「Directors’ compensation consists of base compensation (monthly compensation), bonuses linked to net sales and profit margins, and stock-based stock options. The base compensation and bonuses for inside directors are structured at a ratio of 7:3, including the cap on bonuses.」
The company first identified as a theme the structure of executive compensation comprising fixed compensation, bonuses linked to net sales and profit margins, and stock-based stock options, with base compensation and bonuses for inside directors set at a 7:3 ratio.