Performance-Linked Compensation Tied to Operating Profit Achievement
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2026Nonpayment of Performance-Linked CompensationAnnual report
「No payment was made for the fiscal year under review.」
The performance-linked compensation system based on the operating profit plan achievement rate remains in place, but no payment was made for the fiscal year under review. - FY2024Performance-linked compensation payout rate: 92.3%Annual report
「For the fiscal year under review, the operating profit achievement rates against the plans for the divisions in charge were at least 90% and at least 80% but less than 90%, respectively. Calculating compensation at the respective payout rates resulted in an overall payout rate of 92.3%.」
The overall payout rate for performance-linked compensation was set at 92.3% based on the operating profit plan achievement rates for the divisions in charge. - FY2023AdvancedAnnual report
「For the fiscal year under review, the achievement rate for operating profit against the plan was at least 90%, and the payout rate was therefore set at 100%.」
The Company discloses that the operating profit plan achievement rate was at least 90% and the payout rate for performance-linked compensation was set at 100%. - FY2021AdvancedAnnual report
「For the fiscal year under review, operating profit was ¥1,722 million against a plan of ¥1,358 million, resulting in an achievement rate of 126%, and the payout rate was therefore set at 100%.」
The Company discloses that the payout rate for performance-linked compensation was set at 100% based on an operating profit plan achievement rate of 126%. - FY2020First statedAnnual report
「Performance-linked compensation is paid based on the rate of achievement against the plan as of the end of the fiscal year. The achievement rate is measured against a plan based on operating profit, which the Company considers an important metric, and, in principle, the payout rate for performance-linked compensation is determined based on this achievement rate as shown in the table below.」
The Company discloses a system under which the payout rate for directors’ performance-linked compensation is determined based on the achievement rate against the operating profit plan.