Performance-Linked Executive Compensation Policy Based on the Medium-Term Management Plan
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2023.
The whole theme swung hardest in 2020: 5 of 36 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Performance-linked compensation is calculated using a prescribed formula based on the degree of achievement against the budgets for three performance indicators: revenue, gross profit and operating profit.」
Under the compensation policy reflecting the medium-term management plan, the company continues to provide performance-linked compensation based on achievement against the budgets for revenue, gross profit and operating profit. - FY2022AdvancedAnnual report
「Performance-linked compensation is calculated using a prescribed formula based on the degree of achievement against the budgets for three performance indicators: revenue, gross profit and operating profit.」
It states that, under the compensation policy reflecting the medium-term management plan and following a recommendation from the Nomination and Compensation Committee, the company operates performance-linked compensation based on achievement against the budgets for revenue, gross profit and operating profit. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 24 February 2021, the company approved a policy for determining the details of individual director compensation and other remuneration, with the aim of establishing a compensation structure that functions sufficiently as an incentive for the sustained enhancement of corporate value, is linked to shareholder interests, and reflects the medium-term management plan.」
At the Board of Directors meeting held on 24 February 2021, the company approved a policy for determining individual director compensation that reflects corporate value, shareholder interests and the medium-term management plan. The policy comprises fixed compensation, performance-linked compensation and non-monetary compensation, and decisions are made based on the views of the independent outside directors.