Performance-Linked Compensation Based on Consolidated and Non-Consolidated Profit
First written in FY2021. 1 of 4 entries say "Reframed", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
44 other companies' latest entry also says "Other".
- FY2026Update to Performance-Linked Compensation ResultsAnnual report
「Description of performance metric Target for the current fiscal year Actual for the current fiscal year Total amount payable based on the above calculation formula Performance-linked remuneration based on consolidated performance 7,904 6,937 －」
For the FY2026 consolidated profit metric, actual profit was ¥6,937 million against a target of ¥7,904 million, and the total amount payable based on the calculation formula is stated as "－". - FY2025Update to Performance-Linked Compensation ResultsAnnual report
「Description of performance metric Target for the current fiscal year Actual for the current fiscal year Total amount payable based on the above calculation formula Performance-linked remuneration based on consolidated performance 8,069 7,532 －」
For the consolidated profit metric for performance-linked remuneration, the FY2025 target was ¥8,069 million versus actual profit of ¥7,532 million, and the total amount payable based on the calculation formula is stated as "－". - FY2022ReframedAnnual report
「At the Board of Directors meeting held on 24 December 2021, a resolution was passed to change the policy on performance-linked remuneration so that, "from the fiscal year ending March 2022 onward, the metric used for performance-linked remuneration will be profit for the year attributable to owners of the parent (consolidated performance) only."」
The metric for performance-linked remuneration has been changed from the previous consolidated and non-consolidated performance metrics to the consolidated metric of profit for the year attributable to owners of the parent only from the fiscal year ending March 2022 onward. - FY2021First statedAnnual report
「The metrics used for performance-linked remuneration are profit for the year attributable to owners of the parent (consolidated performance) and the Company's net profit for the year (non-consolidated performance). These metrics attract considerable interest in the stock market because they are easy-to-understand indicators that affect the funding available for growth investment and the share price, and we regard them as our most important metrics.」
For director remuneration, the policy of using consolidated and non-consolidated profit as metrics for performance-linked remuneration has been identified as a topic for the first time.