Performance-Based Compensation Linked to Operating-Profit Achievement
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Taking into account the degree of achievement of the operating profit target for each fiscal year and other factors, the amount determined through quarterly assessments will be paid annually as a bonus at a specified time.」
The company maintains its policy of assessing performance-linked compensation quarterly based on achievement of the operating profit target and other factors. - FY2022RestatedAnnual report
「Taking into account the degree of achievement of the operating profit target for each fiscal year and other factors, the amount determined through quarterly assessments will be paid annually as a bonus at a specified time.」
The company maintains its policy of assessing performance-linked compensation quarterly based on achievement of the operating profit target and other factors. - FY2021First statedAnnual report
「As performance-linked compensation, directors' bonuses will be paid in cash to encourage efforts to improve performance in each fiscal year. The amount will be determined quarterly, taking into account the degree of achievement of the operating profit target for each fiscal year and other factors, and paid annually as a bonus at a specified time.」
The company describes for the first time a compensation policy under which directors' bonuses are linked to achievement of the operating profit target and other factors and assessed quarterly.