Introduction of Profit-Linked Executive Compensation
First written in FY2016. 7 of 10 entries say "Advanced", first in FY2020. 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 Company has introduced profit-linked executive compensation for its directors and, as the payment amount had been finalized at the end of the current consolidated fiscal year, recognized ¥99.470 million in accrued expenses.」
The payment amount for profit-linked executive compensation for the fiscal year ending March 2026 was finalized, and ¥99.470 million was recognized as accrued expenses. The company plans to submit a resolution to pay performance-linked compensation for the fiscal year ending March 2027. - 2026-06-01AdvancedGeneral Meetings of Shareholders
「We have introduced performance-linked executive compensation for our officers and, because the amount payable had been finalized at the end of the current consolidated fiscal year, recorded ¥99.470 million as an accrued expense.」
The company states that the amount payable under performance-linked executive compensation was finalized at the end of the 70th fiscal period and that ¥99.470 million was recorded as an accrued expense. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 June 2025, the Company resolved to pay, in the fiscal year ending March 2026, executive compensation qualifying as performance-linked compensation to its directors based on the calculation method below, as prescribed in Article 34, paragraph 1, item 3 of the Corporation Tax Act. As the payment amount had been finalized at the end of the current consolidated fiscal year, the Company recognized ¥85.220 million in accrued expenses.」
The company resolved to pay profit-linked executive compensation in the fiscal year ending March 2026 and recognized ¥85.220 million in accrued expenses for the fiscal year ended March 2025. - FY2023AdvancedAnnual report
「The Company has introduced profit-linked executive compensation for its officers and, as the payment amount had been finalized at the end of the current consolidated fiscal year, recognized ¥76.620 million in accrued expenses.」
The payment amount for the current year’s profit-linked executive compensation was finalized, and ¥76.620 million was recognized as accrued expenses. - FY2022AdvancedAnnual report
「As the payment amount had been finalized at the end of the current consolidated fiscal year, the Company recognized ¥53.360 million in accrued expenses.」
The payment amount for profit-linked executive compensation for the fiscal year ended March 2022 was finalized, and ¥53.360 million was recognized as accrued expenses. The company also resolved to pay compensation under the same system in the fiscal year ending March 2023. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 June 2021, the Company resolved to pay, in the fiscal year ending March 2022, executive compensation qualifying as performance-linked compensation to its directors based on the calculation method below, as prescribed in Article 34, paragraph 1, item 3 of the Corporation Tax Act.」
The company resolved to pay performance-linked compensation in the fiscal year ending March 2022, calculated by multiplying net income attributable to owners of the parent by 2.0% to 3.5%, with total payouts capped at ¥100 million. It also recognized ¥45.580 million in accrued expenses for the current period. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 June 2020, the Company resolved to pay, in the fiscal year ending March 2021, executive compensation qualifying as performance-linked compensation to its directors based on the calculation method below, as prescribed in Article 34, paragraph 1, item 3 of the Corporation Tax Act.」
The Board of Directors resolved to continue the profit-linked executive compensation in the fiscal year ending March 2021. The calculation method, multiplying net income attributable to owners of the parent by 2.0% to 3.5% and capping total payouts at ¥100 million, was also continued. - FY2019RestatedAnnual report
「With respect to profit-linked compensation, at a meeting of the Board of Directors held on 25 June 2019, the Company resolved to pay, in the fiscal year ending March 2020, executive compensation qualifying as profit-linked compensation under Article 34, paragraph 1, item 3 of the Corporation Tax Act to its directors, excluding directors who are Audit and Supervisory Committee members, based on the calculation method below.」
The company resolved to continue the profit-linked compensation in the fiscal year ending March 2020, calculated by multiplying net income attributable to owners of the parent by 2.0% to 3.5%, with total payouts capped at ¥100 million. - FY2018RestatedAnnual report
「At a meeting of the Board of Directors held on 26 June 2018, the Company resolved to introduce, for its directors in the fiscal year ending March 2019, executive compensation qualifying as profit-linked compensation under Article 34, paragraph 1, item 3 of the Corporation Tax Act, based on the calculation method below.」
The company resolved to introduce the same profit-linked compensation in the fiscal year ending March 2019, using net income attributable to owners of the parent as the metric, with a coefficient of 2.0% to 3.5% and a total payout cap of ¥100 million. - FY2016First statedAnnual report
「The Company resolved to introduce, for its directors in the fiscal year ending March 2017, executive compensation qualifying as profit-linked compensation under Article 34, paragraph 1, item 3 of the Corporation Tax Act, based on the calculation method below.」
The company presents a calculation method using consolidated net income as the metric, with a payout rate of 2.0% to 3.5% depending on the profit level and a total payout cap of ¥100 million.