Executive Bonus Scheme Linked to Operating Profit Budget Achievement
First written in FY2020. 1 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 40 companies on the "Worse" side.
23 other companies' latest entry also says "Other".
- FY2026Operating profit targets and actual results disclosedAnnual report
「The actual operating profit was ¥474 million, compared with the target of ¥440 million used as the performance indicator for performance-linked remuneration in the fiscal year.」
For the performance-linked remuneration indicator, the company discloses actual operating profit of ¥474 million against a target of ¥440 million. Bonuses for the fiscal year were ¥14.800 million for directors and ¥1.200 million for internal corporate auditors. - FY2025Disclosure of performance-linked bonus paymentsAnnual report
「Bonuses, which are performance-linked remuneration, use operating profit as the performance indicator. Within the total remuneration approved by the General Meeting of Shareholders, the Board of Directors determines the bonus pool for each half-year, first half and second half, using approximately 10% of the year-on-year net increase as a guideline. Individual bonus amounts are determined based on position, contribution to performance and other factors.」
The company continues to disclose a calculation method using operating profit as the performance indicator and approximately 10% of the year-on-year net increase as a guideline for each half-year. Directors' bonuses of ¥10.100 million were recorded for FY2025. - FY2024Performance-linked bonus calculation method specified in detailAnnual report
「Bonuses, which are performance-linked remuneration, use operating profit as the performance indicator. Within the total remuneration approved by the General Meeting of Shareholders, the Board of Directors determines the bonus pool for each half-year, first half and second half, using approximately 10% of the year-on-year net increase as a guideline. Individual bonus amounts are determined based on position, contribution to performance and other factors.」
For performance-linked remuneration, the company describes a calculation method using operating profit as the performance indicator and approximately 10% of the year-on-year net increase as a guideline for each half-year. No bonuses were paid in the fiscal year. - FY2023RestatedAnnual report
「No bonuses were paid.」
While describing a bonus scheme linked to the achievement rate for the operating profit budget, the company discloses that no bonus was paid in the current fiscal year either. - FY2022Disclosure that no bonus was paid for the fiscal yearAnnual report
「No bonuses were paid.」
While describing a bonus scheme linked to the achievement rate for the operating profit budget, the company discloses that no bonus was paid in the fiscal year. - FY2020First statedAnnual report
「Bonuses, which are performance-linked remuneration, are determined by multiplying each director's basic remuneration by the coefficient corresponding to the achievement rate for the annual operating profit budget, as set out below. Whether bonuses will actually be paid is decided after deliberation at the regular Board of Directors meeting held each February, taking into consideration the company's overall performance, social conditions and other factors.」
The company has disclosed for the first time a system linking directors' bonuses to the achievement rate for the annual operating profit budget, with payment eligibility decided each February by the Board of Directors.