Performance-Based Executive Compensation Linked to KPIs
First written in FY2022. 5 of 9 entries say "Advanced", first in FY2023. Latest entry: 2026-10-23.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
11 other companies' latest entry also says "First stated".
- FY2026AdvancedAnnual report
「The Company has proposed, as an agenda item for resolution at the Annual General Meeting of Shareholders scheduled for 29 September 2026, the "Introduction of a Restricted Stock Compensation Plan for Directors, excluding Directors who are Audit and Supervisory Committee Members and Outside Directors." If the proposal is approved and adopted, the Company plans to introduce a restricted stock compensation plan for the applicable directors and grant them restricted stock compensation.」
In light of the Company's previous track record, which was centred on fixed compensation, it proposed to the General Meeting of Shareholders the introduction of a restricted stock compensation plan aimed at sharing value with shareholders. - FY2025RestatedAnnual report
「The Company's basic policy on director compensation is, in principle, fixed compensation plus performance-linked compensation. However, through the fiscal year ending June 2025, it paid only fixed compensation and did not pay performance-linked compensation.」
Despite the basic policy including performance-linked compensation, actual payments in the fiscal year ending June 2025 consisted only of fixed compensation. - FY2024SoftenedAnnual report
「The Company's basic policy on director compensation is, in principle, fixed compensation plus performance-linked compensation. However, through the fiscal year ending June 2024, it paid only fixed compensation and did not pay performance-linked compensation.」
Despite the policy of setting base compensation and performance-linked compensation at 7:3, the Company disclosed that actual payments through the fiscal year ending June 2024 consisted only of fixed compensation. - FY2023AdvancedAnnual report
「The target ratio by type of compensation is base compensation: performance-linked compensation = 7:3 (when KPIs are achieved at 100%).」
The Company specified a target ratio of 7:3 between base compensation and performance-linked compensation based on KPI achievement. - FY2022First statedAnnual report
「Performance-linked compensation and other compensation shall be paid in cash, reflecting performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. The amount calculated according to the degree of achievement of targets for net sales, operating income, ordinary income, net income and other items in each fiscal year shall be paid as bonuses at a fixed time each year.」
For director compensation, the Company first disclosed a policy of introducing cash compensation linked to the achievement of targets for net sales, operating income, ordinary income, net income and other items, with the ratio of base compensation to performance-linked compensation set at 7:3 when KPIs are achieved at 100%.