Performance-Linked Compensation and Shared Value with Shareholders
First written in FY2019. 1 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
34 other companies' latest entry also says "Other".
- FY2025Increase in performance-linked compensation paidAnnual report
「Bonuses, which constitute performance-linked compensation, are determined by multiplying the basic compensation for each position by a number of months based on consolidated ordinary profit, as this was deemed appropriate for evaluating short-term performance. The actual amount of such performance-linked compensation for the current fiscal year was ¥18.6 million. The payment cap is set at three months of basic compensation.」
The calculation method based on consolidated ordinary profit and the three-month payment cap will remain unchanged, while actual performance-linked compensation increased from ¥17.1 million in the previous period to ¥18.6 million. - FY2024Increase in performance-linked compensation paidAnnual report
「Bonuses, which constitute performance-linked compensation, are determined by multiplying the basic compensation for each position by a number of months based on consolidated ordinary profit, as this was deemed appropriate for evaluating short-term performance. The actual amount of such performance-linked compensation for the current fiscal year was ¥17.1 million.」
The calculation method based on consolidated ordinary profit and the three-month cap on basic compensation payments will remain unchanged, while actual performance-linked compensation increased from ¥16.5 million in the previous period to ¥17.1 million. - FY2022Decrease in performance-linked compensationAnnual report
「Bonuses, which constitute performance-linked compensation, are determined by multiplying the basic compensation for each position by a number of months based on consolidated ordinary profit, as this was judged appropriate for evaluating short-term performance. Performance-linked compensation for the current fiscal year totaled ¥16.5 million. The payment limit is set at 3 months of basic compensation.」
The calculation method for performance-linked compensation based on consolidated ordinary profit and the three-month payment cap will remain unchanged, and the actual amount for the current period was ¥16.5 million. This is down from ¥19.8 million reported for the previous period. - FY2021AdvancedAnnual report
「Bonuses, which constitute performance-linked compensation, are determined by multiplying the basic compensation for each position by a number of months based on consolidated ordinary profit, as this was judged appropriate for evaluating short-term performance. Performance-linked compensation for the current fiscal year totaled ¥19.8 million. The payment limit is set at 3 months of basic compensation.」
The Company disclosed specific details of performance-linked compensation, including the calculation method based on consolidated ordinary profit, current-period results of ¥19.8 million, and a cap of 3 months of basic compensation. - FY2019First statedAnnual report
「The Company's executive compensation system is positioned as an important matter of corporate governance. Its basic policy is to promote higher corporate value through a compensation structure that strengthens the link with business performance and aligns value with shareholder interests.」
The policy of promoting corporate value through performance-linked compensation and shared value with shareholders was first disclosed.