Performance-Linked Compensation Based on Operating Profit
First written in FY2019. 4 of 8 entries say "Advanced", first in FY2020. Latest entry: 2026-09-30.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
24 other companies' latest entry also says "Advanced".
- FY2026ReframedAnnual report
「The company's director compensation consists of fixed compensation, performance-linked compensation and restricted stock compensation. The target operating profit, the metric for performance-linked compensation in the current fiscal year, was ¥850 million, based on the initial earnings forecast, while the actual result was ¥383 million.」
The company continued its performance-linked compensation based on operating profit and specified a compensation structure that includes restricted stock compensation. The actual operating profit was ¥383 million against the current-period target of ¥850 million. - FY2022Targets and actual results for the performance-linked compensation metric updatedAnnual report
「The target for the performance-linked compensation metric in the current fiscal year was ¥360 million, based on the initial earnings forecast for the fiscal year, while the actual result was ¥413 million.」
The company continued its performance-linked compensation system based on operating profit and disclosed an actual result of ¥413 million against the current-fiscal-year target of ¥360 million. - FY2021Targets and actual results for the performance-linked compensation metric updatedAnnual report
「The performance metric for performance-linked compensation is operating profit, which represents profit from the core business. Compensation is calculated mainly by applying a variable rate corresponding to each executive’s position to the level of operating profit.」
The target for the operating-profit metric was ¥250 million, while actual operating profit was ¥218 million. Both the target and actual result were updated from the previous fiscal year’s ¥140 million target and ¥312 million actual result. - FY2020AdvancedAnnual report
「The company's executive compensation consists of fixed compensation and performance-linked compensation. Fixed compensation is set at an appropriate level after considering position, years of service and consistency with employee compensation. Operating profit, which represents profit from the core business, is deemed an appropriate metric for performance-linked compensation, which is generally calculated by applying a variable rate corresponding to each position to the level of operating profit. To ensure independence and objectivity in compensation decisions and strengthen the Board of Directors' oversight function through those decisions, the company has established a Compensation Advisory Committee under the Board as a voluntary advisory body, chaired by an outside director and composed of a majority of outside directors. The target for the performance-linked compensation metric in the current fiscal year was ¥140 million, based on the initial earnings forecast for the fiscal year, while the actual result was ¥312 million.」
The company continued its performance-linked compensation system based on operating profit and disclosed an actual result of ¥312 million against the current-period target of ¥140 million. It also describes the Compensation Advisory Committee's review and recommendations concerning the system, levels and calculation method. - FY2019First statedAnnual report
「The company's executive compensation consists of fixed compensation and performance-linked compensation. Fixed compensation is set at an appropriate level after considering position, years of service and consistency with employee compensation. Operating profit, which represents profit from the core business, is deemed an appropriate metric for performance-linked compensation, which is generally calculated by applying a variable rate corresponding to each position to the level of operating profit. The target for the performance-linked compensation metric in the current fiscal year was ¥20 million, based on the earnings forecast for the fiscal year, while the actual result was ¥49 million.」
The company discloses a system for calculating performance-linked compensation using operating profit as the metric and position-specific variable rates, with a current-fiscal-year target of ¥20 million and an actual result of ¥49 million.