Executive Bonuses Taking Revenue and Operating-Profit Achievement into Account
First written in FY2020. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2026Updated Performance-Linked Compensation AssessmentAnnual report
「During the current fiscal year, the Nomination and Compensation Committee deliberated and made recommendations regarding whether to pay bonuses and the amounts thereof according to duties and responsibilities, taking into account achievement against the initial performance forecasts (sales 91.9%, operating profit 97.6%), growth rates from the previous fiscal year (sales up 26.3%, operating profit up 12.3%), the business environment and other factors. The Board of Directors made the decision on 19 January 2026.」
Although achievement against the sales and operating profit plans was below 100%, the decision on whether to pay executive bonuses and the amounts thereof was based on results showing higher sales and higher operating profit than in the previous fiscal year. - FY2024Performance-linked compensation assessment results deterioratedAnnual report
「During the current fiscal year, the Nomination and Compensation Committee deliberated and made recommendations regarding whether to pay bonuses and the amounts thereof according to duties and responsibilities, taking into account achievement against the initial performance forecasts (sales 73.0%, operating profit 55.6%), growth rates from the previous fiscal year (sales down 18.5%, operating profit down 44.4%), the business environment and other factors. The Board of Directors made the decision on 19 January 2024.」
The disclosure reports that achievement against the sales and operating profit plans used to determine executive bonuses was 73.0% and 55.6%, respectively, and that the Company recorded lower sales and lower operating profit than in the previous fiscal year. - FY2023Performance-linked compensation results updatedAnnual report
「Achievement against the initial performance forecasts (sales 101.5%, operating profit 103.1%), growth rates from the previous fiscal year (sales up 19.3%, operating profit up 17.8%), the business environment and other factors」
The disclosure presents the current fiscal year's results of determining whether to pay executive bonuses and the amounts thereof based on achievement against sales and operating profit forecasts and growth rates from the previous fiscal year. - FY2022Performance-linked compensation results updatedAnnual report
「During the current fiscal year, the Nomination and Compensation Committee deliberated and made recommendations regarding whether to pay bonuses and the amounts thereof according to duties and responsibilities, taking into account achievement against the initial performance forecasts (sales 108.2%, operating profit 110.2%), growth rates from the previous fiscal year (sales up 18.1%, operating profit up 10.6%), the business environment and other factors. The Board of Directors made the decision on 21 January 2022.」
The disclosure presents the current fiscal year's results used to determine whether to pay executive bonuses and the amounts thereof, based on achievement against sales and operating profit plans and growth rates from the previous fiscal year. - FY2021Performance-linked compensation results disclosedAnnual report
「During the current fiscal year, the Nomination and Compensation Committee deliberated and made recommendations regarding whether to pay bonuses and the amounts thereof according to duties and responsibilities, taking into account achievement against the initial performance forecasts (sales 107.1%, operating profit 113.6%), growth rates from the previous fiscal year (sales up 18.6%, operating profit up 15.7%), the business environment and other factors. The Board of Directors made the decision.」
The disclosure describes the practice of determining whether to pay executive bonuses and the amounts thereof based on achievement against sales and operating profit forecasts and growth rates compared with the previous fiscal year. - FY2020First statedAnnual report
「Bonuses are compensation linked to annual performance. In line with the group's policy of building a resilient corporate structure capable of reliably generating profit by pursuing stable revenue growth and expansion while improving management efficiency, bonuses are paid in cash in amounts appropriate to each individual's role and responsibilities, taking into account achievement against forecasts for revenue and operating profit, which are key management indicators, as well as the performance of the organization under each individual's supervision.」
The disclosure describes a system in which executive bonuses take into account achievement against revenue and operating-profit forecasts. For the fiscal year under review, it was decided that no bonuses would be paid after considering revenue achievement of 93.6% and operating-profit achievement of 101.6%.