Director Compensation Linked to Consolidated Profit Before Income Taxes
First written in FY2018. 3 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As the company recorded a loss before income taxes for the consolidated fiscal year, it decided not to pay performance-linked compensation.」
The company continues not to pay performance-linked compensation because it recorded a loss before income taxes. - FY2024RestatedAnnual report
「As the company recorded a loss before income taxes for the consolidated fiscal year, it decided not to pay performance-linked compensation.」
The company continued to disclose the performance-linked compensation system and its calculation method linked to profit before income taxes, stating that no performance-linked compensation would be paid for the fiscal year. - FY2023SoftenedAnnual report
「As the company recorded a loss before income taxes for the consolidated fiscal year, it decided not to pay performance-linked compensation.」
As a loss before income taxes was recorded, no performance-linked compensation linked to consolidated profit before income taxes was paid for the fiscal year. Meanwhile, stock-based stock options were issued to 2 directors and 1 audit & supervisory board member. - FY2021AdvancedAnnual report
「For the consolidated fiscal year, the company decided to pay ¥4.75 million in performance-linked compensation against profit before income taxes of ¥56.349 million.」
The compensation system linked to profit before income taxes was applied again for the fiscal year, with ¥4.75 million paid against profit of ¥56.349 million. - FY2020AdvancedAnnual report
「For the fiscal year, the company conducted its business activities with the goal of recording consolidated profit before income taxes of ¥90 million and, having recorded ¥116 million, decided to pay a total of ¥10 million.」
Against the ¥90 million target for consolidated profit before income taxes, ¥116 million was recorded and a total of ¥10 million was paid as performance-linked compensation. - FY2019AdvancedAnnual report
「For the fiscal year, the company conducted its business activities with the goal of recording consolidated profit before income taxes of ¥30 million and, having recorded ¥82 million, decided to pay a total of ¥7.4 million.」
The performance-linked compensation system tied to consolidated profit before income taxes was applied, with ¥82 million recorded against the ¥30 million target and ¥7.4 million paid. - FY2018First statedAnnual report
「Performance-linked compensation = consolidated profit before income taxes × 10% × director's points / total directors' points」
The company discloses a calculation method under which 10% of consolidated profit before income taxes is allocated by position-specific points, with the fixed amount capped at ¥30 million.