Executive Compensation Linked to Consolidated Operating Profit
First written in FY2021. 3 of 7 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-07-24.
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「The target for consolidated operating profit in the current consolidated fiscal year was ¥2,300 million, announced in May 2025, while actual consolidated operating profit was ¥2,567 million.」
For performance-linked compensation based on consolidated operating profit, the Company disclosed an actual result of ¥2,567 million against a target of ¥2,300 million. The composition of 65% fixed compensation, 25% performance-linked compensation and 10% restricted stock compensation also remains unchanged. - FY2025-H1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors held on 21 June 2024, the company disposed of treasury shares as restricted stock compensation. This disposal reduced treasury shares by 4,529.」
The disclosure states that treasury shares were disposed of in connection with the restricted stock compensation included in the fixed, performance-linked and restricted stock compensation structure presented in the previous fiscal year, pursuant to the resolution dated 21 June 2024. - FY2024-Q2AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors held on 23 June 2023, the company disposed of treasury shares as restricted stock compensation. This disposal reduced treasury shares by 2,488.」
The disclosure states that treasury shares were disposed of in connection with the restricted stock compensation included in the compensation structure presented in the previous fiscal year. - FY2023ReframedAnnual report
「Compensation and other benefits for the Company's directors, excluding outside directors, comprise fixed compensation set according to position, consisting of monthly compensation; performance-linked compensation, consisting of executive bonuses paid annually at a specified time based on the level of performance achieved; and non-monetary compensation in the form of restricted stock compensation as a medium- to long-term incentive, available only to executive directors. When performance is standard for purposes of the performance-linked compensation metric, the composition is 65% fixed compensation, 25% performance-linked compensation and 10% restricted stock compensation.」
The compensation structure has been reorganized by adding restricted stock compensation to the previous fixed and performance-linked compensation structure, resulting in 65% fixed compensation, 25% performance-linked compensation and 10% stock compensation. - FY2021First statedAnnual report
「As described above, the Company pays directors, excluding outside directors, executive bonuses as performance-linked compensation. Consolidated operating profit is used as the performance metric, and the amount paid is calculated based on the level of achievement. In the case of standard performance, fixed compensation and performance-linked compensation account for approximately 65% and 35%, respectively.」
Performance-linked compensation based on consolidated operating profit, and the approximate 65%/35% composition of fixed and performance-linked compensation, were disclosed in specific terms for the first time.