Determining Executive Compensation Using Operating Profit per Employee
First written in FY2019. 5 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 117 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The performance-linked component accounts for 70–80% of compensation.」
The company reconfirms its executive compensation policy, including the use of operating profit per employee as the metric for the performance-linked component and a performance-linked component of 70–80%. - FY2025RestatedAnnual report
「The performance-linked component accounts for 70–80% of compensation.」
The company reconfirms its executive compensation policy, including the use of operating profit per employee as the metric for the performance-linked component and a performance-linked component of 70–80%. - FY2024RestatedAnnual report
「The performance-linked component accounts for 70–80% of compensation.」
The company reconfirms its executive compensation policy, including the use of operating profit per employee as the metric for the performance-linked component and a performance-linked component of 70–80%. - FY2023RaisedAnnual report
「The performance-linked component accounts for 70–80% of fixed compensation.」
The performance-linked component of executive compensation has been increased from the previously stated 60–70% to 70–80%. - FY2022RestatedAnnual report
「The coefficient varies by position and is capped at 5.0. Compensation consists solely of fixed compensation, but the reference amount is linked to the previous fiscal year's performance, with the performance-linked component accounting for 60–70% of fixed compensation.」
The company reconfirms its method for calculating executive compensation, including the use of operating profit per employee as the metric for the performance-linked component, a position-based coefficient capped at 5.0, and a performance-linked component of 60–70%. - FY2021Specified the compensation calculation methodAnnual report
「The coefficient varies by position and is capped at 5.0. Compensation consists solely of fixed compensation, but the reference amount is linked to the previous fiscal year's performance, with the performance-linked component accounting for 60–70% of fixed compensation.」
In addition to its policy of using operating profit per employee, the company specifies the compensation determination process, including a position-based coefficient capped at 5.0, a performance-linked component accounting for 60–70% of fixed compensation, and explanations to and advice from outside directors. - FY2020RestatedAnnual report
「The company places particular emphasis on sustained growth in operating profit per employee and uses it as a metric for determining the performance-linked component.」
The company reconfirms its policy of using operating profit per employee for the performance-linked component of executive compensation. - FY2019First statedAnnual report
「Among its management metrics, the company places particular emphasis on sustained growth in revenue and operating profit, and uses operating profit per employee as the specific metric for determining the performance-linked component.」
The company provides, for the first time, that operating profit per employee will be used as a metric for the performance-linked component of executive compensation.