Performance-linked executive compensation based on consolidated ordinary profit
First written in FY2020. 2 of 5 entries say "Achieved", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
12 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「The target for the consolidated ordinary profit metric used for performance-linked compensation in the fiscal year ending March 2024 was ¥3.0 billion, compared with actual consolidated ordinary profit of ¥4.019 billion.」
Consolidated ordinary profit, the metric used for performance-linked compensation in FY2024, was ¥4.019 billion against the ¥3.0 billion target, exceeding the target. - FY2023AchievedAnnual report
「The target for the consolidated ordinary profit metric used for performance-linked compensation in the fiscal year ending March 2023 was ¥2.4 billion, compared with actual consolidated ordinary profit of ¥2.929 billion.」
For performance-linked compensation based on consolidated ordinary profit, actual consolidated ordinary profit for the fiscal year ending March 2023 was ¥2.929 billion against the ¥2.4 billion target, achieving the target. - FY2022Target continues to be missedAnnual report
「The target for the consolidated ordinary profit metric used for performance-linked compensation in the fiscal year was ¥2.5 billion, compared with actual consolidated ordinary profit of ¥2.251 billion.」
Consolidated ordinary profit continued to be used as the metric for performance-linked compensation, with actual consolidated ordinary profit of ¥2.251 billion against the FY2022 target of ¥2.5 billion. - FY2021Performance-linked compensation target not achievedAnnual report
「The target for the consolidated ordinary profit metric used for performance-linked compensation in the fiscal year was ¥2.450 billion, compared with actual consolidated ordinary profit of ¥2.314 billion.」
Consolidated ordinary profit continued to be used as the metric for performance-linked compensation, with actual consolidated ordinary profit of ¥2.314 billion against the FY2021 target of ¥2.450 billion. - FY2020First statedAnnual report
「Performance-linked compensation is determined based on an evaluation of company-wide performance and the individual’s contributions in light of their role. Consolidated ordinary profit, an important management indicator, has been selected as the performance metric. The target for the consolidated ordinary profit metric used for performance-linked compensation in the fiscal year was ¥2.6 billion, compared with actual consolidated ordinary profit of ¥2.658 billion.」
For executive performance-linked compensation, consolidated ordinary profit was used as the metric, with a target of ¥2.6 billion and actual consolidated ordinary profit of ¥2.658 billion for the fiscal year.