Performance-linked executive bonuses based on net income for the period
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Bonuses as performance-linked compensation are paid annually at a specified time based on the Company's non-consolidated net income for the fiscal year under review as the performance indicator, thereby motivating directors to improve performance.」
The performance-linked bonus system using non-consolidated net income for the fiscal year under review as the indicator continues. It is stated that performance-linked compensation generally accounts for approximately 20% to 30% under standard performance. - FY2024RaisedAnnual report
「It was resolved that bonuses as performance-linked compensation would be set at 0.5% of the Company's non-consolidated net income for the fiscal year under review, subject to a maximum of ¥400 million, with no payments to outside directors.」
The bonus calculation rate of 0.5% has been maintained, while the ceiling has been raised from the previous maximum of ¥200 million to ¥400 million. - FY2022RestatedAnnual report
「Bonuses as performance-linked compensation are paid annually at a specified time based on the Company's non-consolidated net income for the fiscal year under review as the performance indicator, thereby motivating directors to improve performance.」
The bonus system using non-consolidated net income for the fiscal year under review as the performance indicator continues. Performance-linked compensation generally accounts for approximately 20% to 30% under standard performance. - FY2021RestatedAnnual report
「Bonuses as performance-linked compensation are paid annually at a specified time based on the Company's non-consolidated net income for the previous fiscal year, the final profit from business operations in which the directors are directly involved, as the performance indicator, thereby motivating directors to improve performance.」
The bonus system using non-consolidated net income for the previous fiscal year as the performance indicator continues. The bonus is set at 0.5% of net income for the previous fiscal year, subject to a maximum of ¥200 million. - FY2019First statedAnnual report
「Bonuses as performance-linked compensation are based on the Company's non-consolidated net income for the previous fiscal year, the final profit from business operations in which the directors are directly involved, as the performance indicator, thereby motivating directors to improve performance.」
Director compensation consists of base compensation and performance-linked bonuses, with non-consolidated net income for the previous fiscal year serving as the performance indicator, a framework identified as a separate topic for the first time. The bonus is set at 0.5% of net income for the previous fiscal year, subject to a maximum of ¥200 million.