Performance-Linked Executive Compensation Using Consolidated Operating Margin
First written in FY2021. 2 of 7 entries say "Worsened", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The performance metric for performance-linked compensation, etc. is the consolidated operating margin, which was 7.4%.」
The company continues to operate a performance-linked executive compensation system using the consolidated operating margin as its KPI. The KPI result improved to 7.4% from 2.2% in the previous fiscal year, but remained below the 10% target. - 2026-05-29MitigatedGeneral Meeting of Shareholders
「The performance metric for performance-linked compensation, etc. is the consolidated operating margin, which was 7.4%.」
業績連動報酬のKPI実績は前期より改善したが、目標値自体は期初設定・見直しの方針として記載されている。 - FY2025WorsenedAnnual report
「The performance metric for performance-linked compensation, etc. is the consolidated operating margin, which was 2.2%.」
The company continues to operate a performance-linked compensation system using the consolidated operating margin as its KPI, but the KPI result declined to 2.2% from 8.0% in the previous fiscal year. - FY2024Decline in performance-linked compensation KPIAnnual report
「The performance metric for performance-linked compensation, etc. is the consolidated operating margin, which was 8.0%.」
The company continues to operate a performance-linked compensation system using the consolidated operating margin as its KPI, but the KPI result declined to 8.0% from 9.2% in the previous fiscal year. - FY2023Decline in performance-linked compensation KPIAnnual report
「The performance indicator for performance-linked compensation and other compensation is the consolidated operating margin, which was 9.2%. This indicator was selected because it was considered appropriate for measuring the company's productivity and because maintaining and improving productivity was judged important given the nature of its business.」
The performance-linked executive compensation program using the consolidated operating margin as the KPI continues. The KPI result for the current fiscal year was 9.2%, down from 10.5% in the previous fiscal year. - FY2022AdvancedAnnual report
「The performance indicator for performance-linked compensation and other compensation is the consolidated operating margin, which was 10.5%. The company's performance-linked compensation and other compensation are calculated based on each director's base compensation.」
The disclosure states that the actual consolidated operating margin, used as the KPI for performance-linked executive compensation, was 10.5% for the fiscal year. - FY2021First statedAnnual report
「Performance-linked compensation and other compensation are cash compensation reflecting performance indicators (KPIs), intended to heighten awareness of improving performance in each fiscal year. An amount calculated according to the degree of achievement against the target consolidated operating margin for each fiscal year is paid as a bonus annually at a specified time. The performance indicator for performance-linked compensation and other compensation is the consolidated operating margin, which was 9.6%.」
The disclosure describes for the first time a compensation structure in which executive performance-linked compensation is calculated using the consolidated operating margin as the KPI and bonuses are paid according to the degree of achievement against the annual target.